The concept of Total Economic Value of environment: A reconsideration within a hierarchical rationality

Plottu, Éric; Plottu, Béatrice

doi:10.1016/j.ecolecon.2006.09.027

Cited by 91 publications

(53 citation statements)

References 5 publications

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“…The need of economic valuation of watershed services stems from their quasi-public and non-rivalry nature, the presence of externalities, and scales of production (Pattanayak, 2004;Brauman et al, 2007;Plottu & Plottu, 2007). In a market economy, watershed services without economic values will not be provided at optimal levels.…”

Section: Economic Valuation Of Watershed Servicesmentioning

confidence: 99%

Economic Valuation of Watershed Services for Sustainable Forest Management: Insights from Mexico

Pérez-Verdín¹,

Navar-Chaidez²,

Ys³

et al. 2012

Sustainable Forest Management - Current Research

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Section: Economic Valuation Of Watershed Servicesmentioning

confidence: 99%

Economic Valuation of Watershed Services for Sustainable Forest Management: Insights from Mexico

Pérez-Verdín¹,

Navar-Chaidez²,

Ys³

et al. 2012

Sustainable Forest Management - Current Research

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“…Plottu and Plottu (2007) argue that option and non-use values should be considered differently as compared to use values.…”

Section: Micro-economic Model Of Consumermentioning

confidence: 99%

Current Issues in Project Analysis for Development

Weiss¹,

Potts²

2012

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“…However, the option value includes users and nonusers, which depends on their decision whether or not to use it in the future. Huang and Wang (2015) and Plottu and Plottu (2007) separated option value as an independent value along with use value and non-use value [34,35].…”

Section: Total Economic Valuementioning

confidence: 99%

The Total Economic Value of Sport Tourism in Belt and Road Development—An Environmental Perspective

2018

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Abstract:The development of the belt and road region leads cities to significantly increase the amount of public expenditure on the new construction of facilities and infrastructure. Mass construction not only relies on many environmental resources, but might also destroy the local natural environment. In order to reveal the importance of the natural environment, this study explores the economic value of the natural landscape for sport tourism in Taiwan. While the concept of total economic value (TEV) is applied to the Sun-Moon Lake Swimming Carnival Event, the travel cost method (TCM) is adopted to estimate the use value for participants, and the double-bounded dichotomous contingent valuation method (CVM) and survival analysis are performed to evaluate the non-use value for the residents. The use value is on average NT$ 5668 for one participant. The median willingness to pay for the option value, existence value and bequest value of every resident is NT$433, NT$411 and NT$274, respectively.

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The concept of Total Economic Value of environment: A reconsideration within a hierarchical rationality

Cited by 91 publications

References 5 publications

Economic Valuation of Watershed Services for Sustainable Forest Management: Insights from Mexico

Economic Valuation of Watershed Services for Sustainable Forest Management: Insights from Mexico

Current Issues in Project Analysis for Development

The Total Economic Value of Sport Tourism in Belt and Road Development—An Environmental Perspective

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