Budget constraint and the valuation of environmental impacts in Thailand
Purpose This study aims to develop a valuation scheme for environmental impacts in Thailand. This would assist in integrating environmental concerns into economic assessment tools such as cost-benefit analysis (CBA), system of environmental-economic accounting (SEEA), etc., which could be used in po...
Ausführliche Beschreibung
Gespeichert in:
| Autor*in: |
Kaenchan, Piyanon [verfasserIn] |
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| Format: |
Artikel |
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| Sprache: |
Englisch |
| Erschienen: |
2016 |
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| Anmerkung: |
© Springer-Verlag Berlin Heidelberg 2016 |
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| Übergeordnetes Werk: |
Enthalten in: The international journal of life cycle assessment - Springer Berlin Heidelberg, 1996, 22(2016), 11 vom: 17. Okt., Seite 1678-1691 |
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| Übergeordnetes Werk: |
volume:22 ; year:2016 ; number:11 ; day:17 ; month:10 ; pages:1678-1691 |
| Links: |
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| DOI / URN: |
10.1007/s11367-016-1210-x |
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| Katalog-ID: |
OLC2051206147 |
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| 520 | |a Purpose This study aims to develop a valuation scheme for environmental impacts in Thailand. This would assist in integrating environmental concerns into economic assessment tools such as cost-benefit analysis (CBA), system of environmental-economic accounting (SEEA), etc., which could be used in policymaking. Methods The damage categories considered are human health and ecosystem quality. The value of a quality-adjusted life year (QALY) measuring damage to human health is estimated using the budget constraint approach. The value of a biodiversity-adjusted hectare year (BAHY) measuring damage to ecosystems is calculated relatively to the value of a QALY. Results and discussion Potential economic production per capita, which is considered as the willingness to pay (WTP) for a QALY, is in the range 458,000–566,000 Thai baht (THB) (equivalent to 14,000–18,000 USD where 1 USD ≈ 32 THB). The value of a BAHY, which is expressed in terms of the value of a QALY, is in the range 7900–9800 THB (or around 250–300 USD), based on the exchange rate between the protection targets for ecosystems and human well-being. These results are tested by applying to the monetization of potential environmental burdens from producing several biofuels and petroleum-based fuels in Thailand; the environmental externalities account for about 20–40 % of the retail price. Conclusions The results can benefit policymakers in terms of decision-making on environmental management. Besides, the pathways to derive the monetary value of environmental impacts could be useful for other countries. | ||
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10.1007/s11367-016-1210-x doi (DE-627)OLC2051206147 (DE-He213)s11367-016-1210-x-p DE-627 ger DE-627 rakwb eng 650 330 333.7 VZ 690 VZ Kaenchan, Piyanon verfasserin aut Budget constraint and the valuation of environmental impacts in Thailand 2016 Text txt rdacontent ohne Hilfsmittel zu benutzen n rdamedia Band nc rdacarrier © Springer-Verlag Berlin Heidelberg 2016 Purpose This study aims to develop a valuation scheme for environmental impacts in Thailand. This would assist in integrating environmental concerns into economic assessment tools such as cost-benefit analysis (CBA), system of environmental-economic accounting (SEEA), etc., which could be used in policymaking. Methods The damage categories considered are human health and ecosystem quality. The value of a quality-adjusted life year (QALY) measuring damage to human health is estimated using the budget constraint approach. The value of a biodiversity-adjusted hectare year (BAHY) measuring damage to ecosystems is calculated relatively to the value of a QALY. Results and discussion Potential economic production per capita, which is considered as the willingness to pay (WTP) for a QALY, is in the range 458,000–566,000 Thai baht (THB) (equivalent to 14,000–18,000 USD where 1 USD ≈ 32 THB). The value of a BAHY, which is expressed in terms of the value of a QALY, is in the range 7900–9800 THB (or around 250–300 USD), based on the exchange rate between the protection targets for ecosystems and human well-being. These results are tested by applying to the monetization of potential environmental burdens from producing several biofuels and petroleum-based fuels in Thailand; the environmental externalities account for about 20–40 % of the retail price. Conclusions The results can benefit policymakers in terms of decision-making on environmental management. Besides, the pathways to derive the monetary value of environmental impacts could be useful for other countries. Biodiversity adjusted hectare year Budget constraint Emissions Life cycle impact assessment Quality adjusted life year Valuation Gheewala, Shabbir H. aut Enthalten in The international journal of life cycle assessment Springer Berlin Heidelberg, 1996 22(2016), 11 vom: 17. Okt., Seite 1678-1691 (DE-627)211584533 (DE-600)1319419-7 (DE-576)059728728 0948-3349 nnns volume:22 year:2016 number:11 day:17 month:10 pages:1678-1691 https://doi.org/10.1007/s11367-016-1210-x lizenzpflichtig Volltext GBV_USEFLAG_A SYSFLAG_A GBV_OLC SSG-OLC-UMW SSG-OLC-ARC SSG-OLC-TEC SSG-OPC-FOR GBV_ILN_70 GBV_ILN_267 GBV_ILN_2014 GBV_ILN_2016 GBV_ILN_2018 GBV_ILN_4012 GBV_ILN_4046 GBV_ILN_4277 AR 22 2016 11 17 10 1678-1691 |
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10.1007/s11367-016-1210-x doi (DE-627)OLC2051206147 (DE-He213)s11367-016-1210-x-p DE-627 ger DE-627 rakwb eng 650 330 333.7 VZ 690 VZ Kaenchan, Piyanon verfasserin aut Budget constraint and the valuation of environmental impacts in Thailand 2016 Text txt rdacontent ohne Hilfsmittel zu benutzen n rdamedia Band nc rdacarrier © Springer-Verlag Berlin Heidelberg 2016 Purpose This study aims to develop a valuation scheme for environmental impacts in Thailand. This would assist in integrating environmental concerns into economic assessment tools such as cost-benefit analysis (CBA), system of environmental-economic accounting (SEEA), etc., which could be used in policymaking. Methods The damage categories considered are human health and ecosystem quality. The value of a quality-adjusted life year (QALY) measuring damage to human health is estimated using the budget constraint approach. The value of a biodiversity-adjusted hectare year (BAHY) measuring damage to ecosystems is calculated relatively to the value of a QALY. Results and discussion Potential economic production per capita, which is considered as the willingness to pay (WTP) for a QALY, is in the range 458,000–566,000 Thai baht (THB) (equivalent to 14,000–18,000 USD where 1 USD ≈ 32 THB). The value of a BAHY, which is expressed in terms of the value of a QALY, is in the range 7900–9800 THB (or around 250–300 USD), based on the exchange rate between the protection targets for ecosystems and human well-being. These results are tested by applying to the monetization of potential environmental burdens from producing several biofuels and petroleum-based fuels in Thailand; the environmental externalities account for about 20–40 % of the retail price. Conclusions The results can benefit policymakers in terms of decision-making on environmental management. Besides, the pathways to derive the monetary value of environmental impacts could be useful for other countries. Biodiversity adjusted hectare year Budget constraint Emissions Life cycle impact assessment Quality adjusted life year Valuation Gheewala, Shabbir H. aut Enthalten in The international journal of life cycle assessment Springer Berlin Heidelberg, 1996 22(2016), 11 vom: 17. Okt., Seite 1678-1691 (DE-627)211584533 (DE-600)1319419-7 (DE-576)059728728 0948-3349 nnns volume:22 year:2016 number:11 day:17 month:10 pages:1678-1691 https://doi.org/10.1007/s11367-016-1210-x lizenzpflichtig Volltext GBV_USEFLAG_A SYSFLAG_A GBV_OLC SSG-OLC-UMW SSG-OLC-ARC SSG-OLC-TEC SSG-OPC-FOR GBV_ILN_70 GBV_ILN_267 GBV_ILN_2014 GBV_ILN_2016 GBV_ILN_2018 GBV_ILN_4012 GBV_ILN_4046 GBV_ILN_4277 AR 22 2016 11 17 10 1678-1691 |
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10.1007/s11367-016-1210-x doi (DE-627)OLC2051206147 (DE-He213)s11367-016-1210-x-p DE-627 ger DE-627 rakwb eng 650 330 333.7 VZ 690 VZ Kaenchan, Piyanon verfasserin aut Budget constraint and the valuation of environmental impacts in Thailand 2016 Text txt rdacontent ohne Hilfsmittel zu benutzen n rdamedia Band nc rdacarrier © Springer-Verlag Berlin Heidelberg 2016 Purpose This study aims to develop a valuation scheme for environmental impacts in Thailand. This would assist in integrating environmental concerns into economic assessment tools such as cost-benefit analysis (CBA), system of environmental-economic accounting (SEEA), etc., which could be used in policymaking. Methods The damage categories considered are human health and ecosystem quality. The value of a quality-adjusted life year (QALY) measuring damage to human health is estimated using the budget constraint approach. The value of a biodiversity-adjusted hectare year (BAHY) measuring damage to ecosystems is calculated relatively to the value of a QALY. Results and discussion Potential economic production per capita, which is considered as the willingness to pay (WTP) for a QALY, is in the range 458,000–566,000 Thai baht (THB) (equivalent to 14,000–18,000 USD where 1 USD ≈ 32 THB). The value of a BAHY, which is expressed in terms of the value of a QALY, is in the range 7900–9800 THB (or around 250–300 USD), based on the exchange rate between the protection targets for ecosystems and human well-being. These results are tested by applying to the monetization of potential environmental burdens from producing several biofuels and petroleum-based fuels in Thailand; the environmental externalities account for about 20–40 % of the retail price. Conclusions The results can benefit policymakers in terms of decision-making on environmental management. Besides, the pathways to derive the monetary value of environmental impacts could be useful for other countries. Biodiversity adjusted hectare year Budget constraint Emissions Life cycle impact assessment Quality adjusted life year Valuation Gheewala, Shabbir H. aut Enthalten in The international journal of life cycle assessment Springer Berlin Heidelberg, 1996 22(2016), 11 vom: 17. Okt., Seite 1678-1691 (DE-627)211584533 (DE-600)1319419-7 (DE-576)059728728 0948-3349 nnns volume:22 year:2016 number:11 day:17 month:10 pages:1678-1691 https://doi.org/10.1007/s11367-016-1210-x lizenzpflichtig Volltext GBV_USEFLAG_A SYSFLAG_A GBV_OLC SSG-OLC-UMW SSG-OLC-ARC SSG-OLC-TEC SSG-OPC-FOR GBV_ILN_70 GBV_ILN_267 GBV_ILN_2014 GBV_ILN_2016 GBV_ILN_2018 GBV_ILN_4012 GBV_ILN_4046 GBV_ILN_4277 AR 22 2016 11 17 10 1678-1691 |
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10.1007/s11367-016-1210-x doi (DE-627)OLC2051206147 (DE-He213)s11367-016-1210-x-p DE-627 ger DE-627 rakwb eng 650 330 333.7 VZ 690 VZ Kaenchan, Piyanon verfasserin aut Budget constraint and the valuation of environmental impacts in Thailand 2016 Text txt rdacontent ohne Hilfsmittel zu benutzen n rdamedia Band nc rdacarrier © Springer-Verlag Berlin Heidelberg 2016 Purpose This study aims to develop a valuation scheme for environmental impacts in Thailand. This would assist in integrating environmental concerns into economic assessment tools such as cost-benefit analysis (CBA), system of environmental-economic accounting (SEEA), etc., which could be used in policymaking. Methods The damage categories considered are human health and ecosystem quality. The value of a quality-adjusted life year (QALY) measuring damage to human health is estimated using the budget constraint approach. The value of a biodiversity-adjusted hectare year (BAHY) measuring damage to ecosystems is calculated relatively to the value of a QALY. Results and discussion Potential economic production per capita, which is considered as the willingness to pay (WTP) for a QALY, is in the range 458,000–566,000 Thai baht (THB) (equivalent to 14,000–18,000 USD where 1 USD ≈ 32 THB). The value of a BAHY, which is expressed in terms of the value of a QALY, is in the range 7900–9800 THB (or around 250–300 USD), based on the exchange rate between the protection targets for ecosystems and human well-being. These results are tested by applying to the monetization of potential environmental burdens from producing several biofuels and petroleum-based fuels in Thailand; the environmental externalities account for about 20–40 % of the retail price. Conclusions The results can benefit policymakers in terms of decision-making on environmental management. Besides, the pathways to derive the monetary value of environmental impacts could be useful for other countries. Biodiversity adjusted hectare year Budget constraint Emissions Life cycle impact assessment Quality adjusted life year Valuation Gheewala, Shabbir H. aut Enthalten in The international journal of life cycle assessment Springer Berlin Heidelberg, 1996 22(2016), 11 vom: 17. Okt., Seite 1678-1691 (DE-627)211584533 (DE-600)1319419-7 (DE-576)059728728 0948-3349 nnns volume:22 year:2016 number:11 day:17 month:10 pages:1678-1691 https://doi.org/10.1007/s11367-016-1210-x lizenzpflichtig Volltext GBV_USEFLAG_A SYSFLAG_A GBV_OLC SSG-OLC-UMW SSG-OLC-ARC SSG-OLC-TEC SSG-OPC-FOR GBV_ILN_70 GBV_ILN_267 GBV_ILN_2014 GBV_ILN_2016 GBV_ILN_2018 GBV_ILN_4012 GBV_ILN_4046 GBV_ILN_4277 AR 22 2016 11 17 10 1678-1691 |
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10.1007/s11367-016-1210-x doi (DE-627)OLC2051206147 (DE-He213)s11367-016-1210-x-p DE-627 ger DE-627 rakwb eng 650 330 333.7 VZ 690 VZ Kaenchan, Piyanon verfasserin aut Budget constraint and the valuation of environmental impacts in Thailand 2016 Text txt rdacontent ohne Hilfsmittel zu benutzen n rdamedia Band nc rdacarrier © Springer-Verlag Berlin Heidelberg 2016 Purpose This study aims to develop a valuation scheme for environmental impacts in Thailand. This would assist in integrating environmental concerns into economic assessment tools such as cost-benefit analysis (CBA), system of environmental-economic accounting (SEEA), etc., which could be used in policymaking. Methods The damage categories considered are human health and ecosystem quality. The value of a quality-adjusted life year (QALY) measuring damage to human health is estimated using the budget constraint approach. The value of a biodiversity-adjusted hectare year (BAHY) measuring damage to ecosystems is calculated relatively to the value of a QALY. Results and discussion Potential economic production per capita, which is considered as the willingness to pay (WTP) for a QALY, is in the range 458,000–566,000 Thai baht (THB) (equivalent to 14,000–18,000 USD where 1 USD ≈ 32 THB). The value of a BAHY, which is expressed in terms of the value of a QALY, is in the range 7900–9800 THB (or around 250–300 USD), based on the exchange rate between the protection targets for ecosystems and human well-being. These results are tested by applying to the monetization of potential environmental burdens from producing several biofuels and petroleum-based fuels in Thailand; the environmental externalities account for about 20–40 % of the retail price. Conclusions The results can benefit policymakers in terms of decision-making on environmental management. Besides, the pathways to derive the monetary value of environmental impacts could be useful for other countries. Biodiversity adjusted hectare year Budget constraint Emissions Life cycle impact assessment Quality adjusted life year Valuation Gheewala, Shabbir H. aut Enthalten in The international journal of life cycle assessment Springer Berlin Heidelberg, 1996 22(2016), 11 vom: 17. Okt., Seite 1678-1691 (DE-627)211584533 (DE-600)1319419-7 (DE-576)059728728 0948-3349 nnns volume:22 year:2016 number:11 day:17 month:10 pages:1678-1691 https://doi.org/10.1007/s11367-016-1210-x lizenzpflichtig Volltext GBV_USEFLAG_A SYSFLAG_A GBV_OLC SSG-OLC-UMW SSG-OLC-ARC SSG-OLC-TEC SSG-OPC-FOR GBV_ILN_70 GBV_ILN_267 GBV_ILN_2014 GBV_ILN_2016 GBV_ILN_2018 GBV_ILN_4012 GBV_ILN_4046 GBV_ILN_4277 AR 22 2016 11 17 10 1678-1691 |
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Budget constraint and the valuation of environmental impacts in Thailand |
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Purpose This study aims to develop a valuation scheme for environmental impacts in Thailand. This would assist in integrating environmental concerns into economic assessment tools such as cost-benefit analysis (CBA), system of environmental-economic accounting (SEEA), etc., which could be used in policymaking. Methods The damage categories considered are human health and ecosystem quality. The value of a quality-adjusted life year (QALY) measuring damage to human health is estimated using the budget constraint approach. The value of a biodiversity-adjusted hectare year (BAHY) measuring damage to ecosystems is calculated relatively to the value of a QALY. Results and discussion Potential economic production per capita, which is considered as the willingness to pay (WTP) for a QALY, is in the range 458,000–566,000 Thai baht (THB) (equivalent to 14,000–18,000 USD where 1 USD ≈ 32 THB). The value of a BAHY, which is expressed in terms of the value of a QALY, is in the range 7900–9800 THB (or around 250–300 USD), based on the exchange rate between the protection targets for ecosystems and human well-being. These results are tested by applying to the monetization of potential environmental burdens from producing several biofuels and petroleum-based fuels in Thailand; the environmental externalities account for about 20–40 % of the retail price. Conclusions The results can benefit policymakers in terms of decision-making on environmental management. Besides, the pathways to derive the monetary value of environmental impacts could be useful for other countries. © Springer-Verlag Berlin Heidelberg 2016 |
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Purpose This study aims to develop a valuation scheme for environmental impacts in Thailand. This would assist in integrating environmental concerns into economic assessment tools such as cost-benefit analysis (CBA), system of environmental-economic accounting (SEEA), etc., which could be used in policymaking. Methods The damage categories considered are human health and ecosystem quality. The value of a quality-adjusted life year (QALY) measuring damage to human health is estimated using the budget constraint approach. The value of a biodiversity-adjusted hectare year (BAHY) measuring damage to ecosystems is calculated relatively to the value of a QALY. Results and discussion Potential economic production per capita, which is considered as the willingness to pay (WTP) for a QALY, is in the range 458,000–566,000 Thai baht (THB) (equivalent to 14,000–18,000 USD where 1 USD ≈ 32 THB). The value of a BAHY, which is expressed in terms of the value of a QALY, is in the range 7900–9800 THB (or around 250–300 USD), based on the exchange rate between the protection targets for ecosystems and human well-being. These results are tested by applying to the monetization of potential environmental burdens from producing several biofuels and petroleum-based fuels in Thailand; the environmental externalities account for about 20–40 % of the retail price. Conclusions The results can benefit policymakers in terms of decision-making on environmental management. Besides, the pathways to derive the monetary value of environmental impacts could be useful for other countries. © Springer-Verlag Berlin Heidelberg 2016 |
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Purpose This study aims to develop a valuation scheme for environmental impacts in Thailand. This would assist in integrating environmental concerns into economic assessment tools such as cost-benefit analysis (CBA), system of environmental-economic accounting (SEEA), etc., which could be used in policymaking. Methods The damage categories considered are human health and ecosystem quality. The value of a quality-adjusted life year (QALY) measuring damage to human health is estimated using the budget constraint approach. The value of a biodiversity-adjusted hectare year (BAHY) measuring damage to ecosystems is calculated relatively to the value of a QALY. Results and discussion Potential economic production per capita, which is considered as the willingness to pay (WTP) for a QALY, is in the range 458,000–566,000 Thai baht (THB) (equivalent to 14,000–18,000 USD where 1 USD ≈ 32 THB). The value of a BAHY, which is expressed in terms of the value of a QALY, is in the range 7900–9800 THB (or around 250–300 USD), based on the exchange rate between the protection targets for ecosystems and human well-being. These results are tested by applying to the monetization of potential environmental burdens from producing several biofuels and petroleum-based fuels in Thailand; the environmental externalities account for about 20–40 % of the retail price. Conclusions The results can benefit policymakers in terms of decision-making on environmental management. Besides, the pathways to derive the monetary value of environmental impacts could be useful for other countries. © Springer-Verlag Berlin Heidelberg 2016 |
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