Application of CVM method in the evaluation of flood control and water and sewage management projects

摘要

Traditional methods of economic evaluation of projects in the field of environmental protection do not reflect the full value of these projects. In particular, it doesn’t take into account non-market effects that have an impact on the level of social welfare. The issue of valuation of natural resources and related services is also related to this problem. The evaluations and valuations of areas generally ignored the value of natural resources or take into account only the part which has the market value.