|Author:||Young, R. A.|
|Book Group Author:||NA|
This book contains nine chapters divided into two parts: (i) concepts and theory of the economic value of water; and (ii) application of valuation methods. The first four chapters included in part I cover the physical, economic and social attributes of water as well as the standard policy issues for which economic analysis is frequently needed. A brief review of the basic conceptual and analytic issues underlying the neoclassical approach to economic valuation of water is provided. The advantages and limitations of applied methods of non-market valuation and applied benefit measurement for consumer uses of water are also discussed. Part II describes and evaluates applications of the various methods to specific water use categories. The first three chapters included in this section discuss the applications of these methods to offstream or withdrawal uses in agriculture, industry (including hydropower), and municipalities. Methods and applications of measuring the value of water as public environmental goods are addressed. The final chapter provides the conclusions.
agriculture, contingent valuation, crop production, demand,economic analysis, economic evaluation, hydraulic power, industry,irrigated farming, market prices, methodology, non-market benefits,outdoor recreation, public services, reservoirs, valuation, waterallocation, water management, water policy, water power, water quality,water recreation, water resources, water supply, water use, communityservices, methods, water composition and quality, water pricing, waterresource management, water supplies, Natural Resource Economics (EE115)(New March 2000), Policy and Planning (EE120), Supply, Demand and Prices(EE130), Plant Production (FF100), Plant Cropping Systems (FF150), SoilWater Management (Irrigation and Drainage) (JJ800) (Revised June 2002)[formerly Soil Water Management], Energy (PP100), Water Resources(PP200), Public Services and Infrastructure (UU300), RecreationalFacilities and Management (UU610) (New March 2000), Techniques andMethodology (ZZ900)