A note on how to undertake a cost-benefit analysis in monetary and environmental units

Sammanfattning

In this note we discuss two alternative ways of undertaking a social cost-bene t analysis. One approach is the conventional one where ben- e ts and costs are expressed in monetary units. The other approach uses an environmental asset as the payment vehicle. The properties of the two approaches are discussed and the measurement problems are stressed.

Nyckelord

Cost-benefit analysis; externalities; choice of numeraire; habitat equivalence analysis; resource equivalency methods

Publicerad i

CERE Working Paper
2010, nummer: 2010:1
Utgivare: Centre for Environmental and Resource Economics (CERE)

SLU författare

• Johansson, Per-Olov

  • Handelshögskolan i Stockholm

• Kriström, Bengt

  • Institutionen för skogsekonomi, Sveriges lantbruksuniversitet
    

UKÄ forskningsämne

Samhällsvetenskap
Miljö- och naturvårdsvetenskap
Ekonomi och näringsliv

Permanent länk till denna sida (URI)

https://res.slu.se/id/publ/32323