Discounting the economic costs of conservation and compensation

Auteur :
CULLEN, R.

Description :
The economic costs likely to be imposed by protecting rock from quarrying at a site near Dunedin, New Zealand, are examined, and attempts are made to estimate compensation requirements. Protection of this site is expected to impose costs on the quarryowners and society at a distant time. The choice of discount rate is of overriding importance in estimating the magnitudes of these distant costs.


Type de document :
Article de périodique

Source :
Environment and planning A, issn : 0308-518X, 1991, vol. 23, n°. 8, p. 1121-1132, Références bibliographiques : 34 réf.

Date :
1991

Editeur :
Pays édition : Royaume-Uni, London, Pion