Measurement of use value and non-use value of environmental quality consistent with general equilibrium approach
Conference object, Preprint
- Publisher: Louvain-la-Neuve: European Regional Science Association (ERSA)
Q54 | Computable general equilibrium models | Use value | C68 | Non-use value | Q51
This paper proposes the consistent method with general equilibrium models to measure use value and non-use value of large-scale change in environmental quality. First, we develop a general equilibrium model that parameters of the utility function with environmental qual...