Valuing amenity resources in the presence of substitutes.
Publication
, Journal Article
Cuddington, JT; Johnson, FR; Knetsch, JL
Published in: Land Economics
January 1, 1981
Extends the Krutilla-Fisher valuation technique for resource sites to cases where the resource in question is not unique, as assumed in previous studies, but has recognized substitutes. In this process, it is demonstrated that vertical and horizontal demand shifts (for the non-market services of the site or resource) are not independently attributable to the influences of income and population growth, respectively. Consequently, Krutilla-Fisher's preservation benefit estimates are overstated. -K.Turner
Duke Scholars
Published In
Land Economics
DOI
Publication Date
January 1, 1981
Volume
57
Issue
4
Start / End Page
526 / 535
Related Subject Headings
- Agricultural Economics & Policy
- 3801 Applied economics
- 1402 Applied Economics
Citation
APA
Chicago
ICMJE
MLA
NLM
Cuddington, J. T., Johnson, F. R., & Knetsch, J. L. (1981). Valuing amenity resources in the presence of substitutes. Land Economics, 57(4), 526–535. https://doi.org/10.2307/3145668
Cuddington, J. T., F. R. Johnson, and J. L. Knetsch. “Valuing amenity resources in the presence of substitutes.” Land Economics 57, no. 4 (January 1, 1981): 526–35. https://doi.org/10.2307/3145668.
Cuddington JT, Johnson FR, Knetsch JL. Valuing amenity resources in the presence of substitutes. Land Economics. 1981 Jan 1;57(4):526–35.
Cuddington, J. T., et al. “Valuing amenity resources in the presence of substitutes.” Land Economics, vol. 57, no. 4, Jan. 1981, pp. 526–35. Scopus, doi:10.2307/3145668.
Cuddington JT, Johnson FR, Knetsch JL. Valuing amenity resources in the presence of substitutes. Land Economics. 1981 Jan 1;57(4):526–535.
Published In
Land Economics
DOI
Publication Date
January 1, 1981
Volume
57
Issue
4
Start / End Page
526 / 535
Related Subject Headings
- Agricultural Economics & Policy
- 3801 Applied economics
- 1402 Applied Economics