Valuing the carbon sequestration potential for European agriculture
In: Land use policy: the international journal covering all aspects of land use, Band 31, S. 584-594
ISSN: 0264-8377
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In: Land use policy: the international journal covering all aspects of land use, Band 31, S. 584-594
ISSN: 0264-8377
In: Land use policy, Band 31
ISSN: 0264-8377
In: Environmental management: an international journal for decision makers, scientists, and environmental auditors, Band 54, Heft 2, S. 346-359
ISSN: 1432-1009
In: Land use policy: the international journal covering all aspects of land use, Band 65, S. 186-197
ISSN: 0264-8377
In: Land use policy: the international journal covering all aspects of land use, Band 30, Heft 1, S. 549-559
ISSN: 0264-8377
In: Land use policy: the international journal covering all aspects of land use, Band 113, S. 105902
ISSN: 0264-8377
We develop and test guidance principles for benefits transfers. These argue that when transferring across relatively similar sites, simple mean value transfers are to be preferred but that when sites are relatively dissimilar then value function transfers will yield lower errors. The paper also provides guidance on the appropriate specification of transferable value functions arguing that these should be developed from theoretical rather than ad-hoc statistical principles. These principles are tested via a common format valuation study of water quality improvements across five countries. Results support our various hypotheses providing a set of principles for future transfer studies. The application also considers new ways of incorporating distance decay, substitution and framing effects within transfers and presents a novel water quality ladder.
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