Analysis of Academic Literature on Environmental Valuation

Francisco Guijarro and Prodromos Tsinaslanidis ()
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Francisco Guijarro: Research Institute for Pure and Applied Mathematics, Universitat Politècnica de València, 46022 Valencia, Spain

IJERPH, 2020, vol. 17, issue 7, 1-14

Abstract: Environmental valuation refers to a variety of techniques to assign monetary values to environmental impacts, especially non-market impacts. It has experienced a steady growth in the number of publications on the subject in the last 30 years. We performed a search for papers containing the term “environmental valuation” in the title, abstract, or keywords. The search was conducted with an online literature search engine of the Web of Science (WoS) electronic databases. A search of this database revealed that the term “environmental valuation” appeared for the first time in 1987. Since then a large number of studies have been published, including significant breakthroughs in theory and applications. In the present work 661 publications were selected for a review of the literature on environmental valuation over the period 1987–2019. This paper analyzes the evolution of the leading methodologies and authors, highlights the preference for the choice experiment method over the contingent valuation method, and shows that relatively few papers have had a strong impact on the researchers in this area.

Keywords: environmental valuation; literature survey; willingness to pay; choice experiment; contingent valuation (search for similar items in EconPapers)
JEL-codes: I I1 I3 Q Q5 (search for similar items in EconPapers)
Date: 2020
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

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Persistent link: https://EconPapers.repec.org/RePEc:gam:jijerp:v:17:y:2020:i:7:p:2386-:d:339602

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