Artículos de revistas
Valuing water resources in developing countries: A semiparametric approach to valuation models
Fecha
2010Registro en:
WATER RESOURCES RESEARCH, v.46, 2010
0043-1397
10.1029/2009WR008883
Autor
BELLUZZO, Walter
Institución
Resumen
Valuation of projects for the preservation of water resources provides important information to policy makers and funding institutions. Standard contingent valuation models rely on distributional assumptions to provide welfare measures. Deviations from assumed and actual distribution of benefits are important when designing policies in developing countries, where inequality is a concern. This article applies semiparametric methods to obtain estimates of the benefit from a project for the preservation of an important Brazilian river basin. These estimates lead to significant differences from those obtained using the standard parametric approach.