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What's it worth? An examination of historical trends and future directions in environmental valuation

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  • Wiktor L. Adamowicz
Abstract
The present paper reviews activity in environmental valuation by examining trends in publication rates over the past three decades. It also provides an overview of the demand for environmental valuation by academic markets and by policy markets. The results of this historical analysis suggest that there is not as much use of environmental valuation in policy analysis as could be expected given the academic efforts on this topic. The paper also provides an overview of the future directions that environmental valuation research is likely to take given current research efforts.

Suggested Citation

  • Wiktor L. Adamowicz, 2004. "What's it worth? An examination of historical trends and future directions in environmental valuation," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 48(3), pages 419-443, September.
    • Handle: RePEc:bla:ajarec:v:48:y:2004:i:3:p:419-443
    DOI: 10.1111/j.1467-8489.2004.00258.x
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    1. Smith, V. Kerry, 2000. "JEEM and Non-market Valuation: 1974-1998," Journal of Environmental Economics and Management, Elsevier, vol. 39(3), pages 351-374, May.
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