Economics at your fingertips  

How reliable are meta-analyses for international benefit transfers?

Henrik Lindhjem () and Stale Navrud ()

Ecological Economics, 2008, vol. 66, issue 2-3, 425-435

Abstract: Meta-analysis has increasingly been used to synthesise the environmental valuation literature, but only a few test the use of these analyses for benefit transfer. These are typically based on national studies only. However, meta-analyses of valuation studies across countries are a potentially powerful tool for benefit transfer, especially for environmental goods where the domestic literature is scarce. We test the reliability of such international meta-analytic transfers, and find that even under conditions of homogeneity in valuation methods, cultural and institutional conditions across countries, and a meta-analysis with large explanatory power, the transfer errors could still be large. Further, international meta-analytic transfers do not on average perform better than simple value transfers averaging over domestic studies. Thus, we question whether the use of meta-analysis for practical benefit transfer achieves reliability gains justifying the increased effort. However, more meta-analytic benefit transfer tests should be performed for other environmental goods and other countries before discarding international meta-analysis as a tool for benefit transfer.

Date: 2008
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (46) Track citations by RSS feed

Downloads: (external link)
Full text for ScienceDirect subscribers only

Related works:
Working Paper: How Reliable are Meta-Analyses for International Benefit Transfers? (2007) Downloads
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link:

Access Statistics for this article

Ecological Economics is currently edited by C. J. Cleveland

More articles in Ecological Economics from Elsevier
Bibliographic data for series maintained by Catherine Liu ().

Page updated 2023-09-20
Handle: RePEc:eee:ecolec:v:66:y:2008:i:2-3:p:425-435