G2TT
来源类型FEEM working papers "Note di lavoro" series
规范类型论文
Valuing Environmental Factors in Cost-Benefit Analysis Using Data Envelopment Analysis
Timo Kuosmanen; Mika Kortelainen
发表日期2006
出处Climate Change and Sustainable Development
出版年2006
语种英语
摘要Environmental cost-benefit analysis (ECBA) refers to social evaluation of investment projects and policies that involve significant environmental impacts. Valuation of the environmental impacts in monetary terms forms one of the critical steps in ECBA. We propose a new approach for environmental valuation within ECBA framework that is based on data envelopment analysis (DEA) and does not demand any price estimation for environmental impacts using traditional revealed or stated preference methods. We show that DEA can be modified to the context of CBA by using absolute shadow prices instead of traditionally used relative prices. We also discuss how the approach can be used for sensitive analysis which is an important part of ECBA. We illustrate the application of the DEA approach to ECBA by means of a hypothetical numerical example where a household considers investment to a new sport utility vehicle.
特色分类C61,D61,Q51
关键词Cost-Benefit Analysis,Data Envelopment Analysis,Eco-Efficiency,Environmental Valuation,Environmental Performance,Performance Measurement
URLhttps://www.feem.it/en/publications/feem-working-papers-note-di-lavoro-series/valuing-environmental-factors-in-cost-benefit-analysis-using-data-envelopment-analysis/
来源智库Fondazione Eni Enrico Mattei (Italy)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/117359
推荐引用方式
GB/T 7714
Timo Kuosmanen,Mika Kortelainen. Valuing Environmental Factors in Cost-Benefit Analysis Using Data Envelopment Analysis. 2006.
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