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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
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ICMJE
MLA
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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