Seeking External Evidence to Assess Benefit Transfers for Environmental Policy

Kenneth E. McConnell () and Juha Siikamäki
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Kenneth E. McConnell: University of Maryland

Environmental & Resource Economics, 2018, vol. 69, issue 3, No 6, 555-573

Abstract: Abstract The cost and time required to produce original benefit estimates makes benefit transfers a highly valuable component of the process of assessing the benefits and costs of environmental improvements. Because of the great variety of benefit estimates, conducted at different times with different data sources and different techniques, there is concerted effort to understand the validity of transfers. The research in this paper approaches the validity issue of benefit transfers by asking whether there is indirect evidence of the benefits. The premise of the paper is that policies that give significant benefits should induce expected and unexpected behavioral changes. We look for evidence of potential indirect evidence by by estimating the effect of differences air pollutants on activities such as outdoor recreation and work, as found in the American Time Use Survey.

Keywords: Environmental benefits; Benefit transfers; Validity tests; Time use; Air pollutants; American Time Use Survey (search for similar items in EconPapers)
Date: 2018
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DOI: 10.1007/s10640-017-0212-x

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