The economic valuation of water quality in a rapidly developing country such as China should be undertaken to determine when the benefits from rapid growth begin to exceed the costs from the same. The best approach is to ascertain the total economic valuation of the environmental resource. This includes all of the various uses of the resource, and even those values that are unconnected to individual use (e.g. natural and aesthetic values). A method known as contingent valuation (CV) is used to ascertain these forms of value. This approach is demonstrated here in an application to river water quality in the Beijing area. A CV study is reported in which Beijing area citizens reported an average willingness to pay about 1.3% of annual income in order to prevent further deterioration of river water quality. Aggregation over the representative population indicates that the perceived cost of further river quality deterioration is in the neighbourhood of USD 60 million. Such a measure provides some indication of the socially desired “stopping point”—— in the pursuit of economic growth at the expense of environmental quality.
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机译:Policy Entrepreneur, Civic Engagement and Local Policy Innovation in China: Housing Monetarisation Reform in Guizhou Province (政策企业家、公民参与与地方政策创新:以贵州住房货币化改革为例)
机译:应用项目反应理论对友谊质量量表修定—以结构方程模型、层面理论多种技术支持修定量表的质量 Modifying Friendship Quality Questionnaire with Item Response Theory Approach——Validating with Facet Theory and Structure Equation Techniques