Valuing environmental management practices through contingent valuation. A review of recent applications
by Ana Gessa-Perera; Sara García-Vivas; María-del-Mar González-Zamora
International Journal of Sustainable Society (IJSSOC), Vol. 8, No. 1, 2016

Abstract: The aim of this paper is to analyse empirical application of contingent valuation method to assess environmental management practices in order to: 1) contribute to an understanding of the importance that intangible aspects have for the assessment of environmental management practices; 2) identify gaps that lead us to propose actions to guide future research in this field. A literature review of scientific production in international journals for the period 2000-2011 has been undertaken. Some of our findings show that: empirical applications are scarce and even more so if they focus in projects promoted by the business sector; there are no longitudinal studies that could facilitate application of contingent valuation method in the private business sector; and only a small number of the studies analysed apply the results to measuring the performance of the proposed project through a cost-benefit analysis.

Online publication date: Thu, 25-Feb-2016

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