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This is a practical book with clear descriptions of the most
commonly used nonmarket methods. The first chapters of the book
provide the context and theoretical foundation of nonmarket
valuation along with a discussion of data collection procedures.
The middle chapters describe the major stated- and
revealed-preference valuation methods. For each method, the steps
involved in implementation are laid out and carefully explained
with supporting references from the published literature. The final
chapters of the book examine the relevance of experimentation to
economic valuation, the transfer of existing nonmarket values to
new settings, and assessments of the reliability and validity of
nonmarket values. The book is relevant to individuals in many
professions at all career levels. Professionals in government
agencies, attorneys involved with natural resource damage
assessments, graduate students, and others will appreciate the
thorough descriptions of how to design, implement, and analyze a
nonmarket valuation study.
This is a practical book with clear descriptions of the most
commonly used nonmarket methods. The first chapters of the book
provide the context and theoretical foundation of nonmarket
valuation along with a discussion of data collection procedures.
The middle chapters describe the major stated- and
revealed-preference valuation methods. For each method, the steps
involved in implementation are laid out and carefully explained
with supporting references from the published literature. The final
chapters of the book examine the relevance of experimentation to
economic valuation, the transfer of existing nonmarket values to
new settings, and assessments of the reliability and validity of
nonmarket values. The book is relevant to individuals in many
professions at all career levels. Professionals in government
agencies, attorneys involved with natural resource damage
assessments, graduate students, and others will appreciate the
thorough descriptions of how to design, implement, and analyze a
nonmarket valuation study.
This volume is unique in its clear descriptions of the most
commonly used nonmarket valuation techniques and their
implementation. Individuals working for government agencies,
attorneys involved with natural resource damage assessments,
graduate students, and others will appreciate the non-technical and
practical tone of this book. The first section of the book provides
the context and theoretical foundation of nonmarket valuation,
along with practical data issues. The middle two sections of the
Primer describe the major stated and revealed nonmarket valuation
techniques. For each technique, the steps involved in
implementation are laid out and described. The concluding section
takes stock of the usefulness of nonmarket valuation, highlighting
chapters on benefit transfer, the role of nonmarket valuation in
real decisions about natural resources, and where nonmarket
valuation is headed in the future.
Water withdrawals to cities, farms, and other offstream uses in the
United States have increased over ten-fold during the twentieth
century in response to tremendous population and economic growth.
Further rapid growth in population and income is almost certain to
occur, placing additional demands on water supplies. As withdrawals
to offstream users increase, more water is consumed, leaving less
water in streams. Streamflows have dropped at the same time as
additional instream uses have been found by scientists studying the
needs of aquatic plants and wildlife and the hydro-geologic
requirements of river channels themselves, and as rising incomes
and urbanization have intensified calls for maintaining water-based
recreation opportunities and protecting water quality (Gillilan and
Brown 1997). These changes amplify the importance of examining the
future adequacy of the nation's water supply. As Congress
recognized when it passed the Forest and Rangeland Renewable
Resources Planning Act of 1974 requiring the Forest Service to
periodically assess anticipated resource supply and demand
conditions, with sufficient forethought necessary adjustments may
be anticipated and unnecessary costs may be avoided. The adequacy
of a water supply depends on water availability compared with water
demand. This report focuses on water demand, and estimates future
water use assuming that the water will be available. Comparison of
water-use estimates presented in this report with estimates of
future water availability is left to a later report. In economic
terms, demand is a price-quantity relation. Unfortunately, such
relations are difficult to specify for some water uses and for
large geographic regions containing numerous market areas. Thus, an
economic model was not adopted for this study. Instead, demand, as
used in this report, refers to quantity requested. This
quantity-based approach leaves the effect of price unspecified but
not avoided. Because water and the resources needed to manage it
are scarce, price has played an important role in determining the
past quantities of water requested and will continue to do so. In
what follows, the implicit role of price must be remembered. Demand
for water differs by region. Arid areas have higher demands per
user than do humid areas, all else equal. Within a region of
homogeneous weather, demands differ geographically depending on the
availability of arable land, reliance on thermoelectric power, and
other factors. The many potential differences among geographic
areas suggest that demand for water should be studied at the
smallest geographical scale possible. However, existing small-scale
studies, often performed using different variables or methods, do
not lend themselves to broadscale conclusions about regional or
national trends. This report projects water demand to the year
2040. The time horizon was selected based on the Forest and
Rangeland Renewable Resources Planning Act, which mandates that the
Forest Service periodically prepare a management plan for a period
of roughly 45 years into the future. Of course, the likelihood that
a projection is accurate decreases as the time horizon of that
projection increases. The objective of this paper is to
characterize past and future water use in the U.S. A national
perspective is first adopted to present a basic understanding of
water-use trends. Then water use is described for large regions of
the U.S. to capture the major regional differences.
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