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Cost-Benefit Analysis of Environmental Change: Linking Theory to Empirical Observations
Dep. of Forest Economics, SLU.
Dep. of Economics, HHS.
Dep. of Forest Economics, SLU.
2004 (Swedish)In: Collected Conference Papers: Monte Veritá Conference on Sustainable Resource Use and Economic Dynamics June 6-10, 2004, Zurich: CER-ETH , 2004Conference paper, Published paper (Refereed)
Abstract [en]

We present a Cost-Bene¯t Analysis (CBA) of environmental change, in which theory and empirical work are closely knit together. The theoretical framework is used to derive a cost-bene¯t rule for projects that a®ect wild salmon survival. In contrast to many similar studies, we use this dynamic cost-bene¯t rule in structuring the contingent valuation study. Data comes from an ongoing project regarding a potential salmon passage- hydropower con°ict in the northern Swedish river UmeÄalven and its largest salmon producing tributary VindelÄalven. Daily water °ow data are com- bined with daily data on the number of salmon (1974-2000) that pass the hydropower plant Stornorrfors. Detailed ecological studies are used to build the contingent valuation scenario and to study the opportunity costs of re- leasing more water to the potential bene¯t of salmon upstream migrants. We present results from pilot-studies on the value Swedes place on increasing the amount of wild salmon in this particular river.

Place, publisher, year, edition, pages
Zurich: CER-ETH , 2004.
National Category
Economics
Identifiers
URN: urn:nbn:se:kth:diva-50801OAI: oai:DiVA.org:kth-50801DiVA: diva2:462770
Conference
SURED 2004, Monte Verità Conference on Sustainable Resource Use and Economic Dynamics. Ascona. June 6-10 2004
Note
QC 20111213Available from: 2011-12-08 Created: 2011-12-08 Last updated: 2011-12-13Bibliographically approved

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CiteExportLink to record
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