Accession Number : ADA321232
Title : Monetary Measurement of Environmental Goods and Services: Framework and Summary of Techniques for Corps Planners.
Corporate Author : ARMY ENGINEER INST FOR WATER RESOURCES FORT BELVOIR VA
PDF Url : ADA321232
Report Date : NOV 1996
Pagination or Media Count : 75
Abstract : The purpose of this report is to help project planners better understand what tools are available for estimating the monetary benefits of environmental outputs, when they may be technically appropriate to use, and their potential resource requirements in the ecosystem restoration context. In some cases it may be possible and desirable to estimate the monetary benefits associated with certain environmental outputs provided by ecosystem restoration projects. A variety of economic techniques are available for estimating these monetary benefits provided by nonmarketed, environmental goods and services. Most of these tools are described in very broad terms in economic textbooks and in very technical terms in economic journals, leaving an information gap which often makes it difficult for potential practitioners to evaluate their potential applicability and use in different contexts. Very little summary information has been complied concerning the techniques' data requirements, or the time it takes to perform such analyses, and the technical expertise required to use the techniques effectively. This report attempts to address these information gaps by providing Corps planners with a summary of selected economic valuation techniques and their resource requirements.
Descriptors : *ECONOMICS, *ECOSYSTEMS, OUTPUT, REQUIREMENTS, ENVIRONMENTS, MANAGEMENT PLANNING AND CONTROL, RESOURCES, INSTALLATION RESTORATION, BENEFITS, PERIODICALS, TEXTBOOKS.
Subject Categories : Administration and Management
Economics and Cost Analysis
Distribution Statement : APPROVED FOR PUBLIC RELEASE