IDEAS home Printed from https://ideas.repec.org/a/sae/engenv/v7y1996i3p253-266.html
   My bibliography  Save this article

Synthesizing Environmental Externality Costs – A Statistical and Multi-Attribute Analysis Approach

Author

Listed:
  • J.P. Huang
  • B.W. Ang
  • K.L. Poh

Abstract

Due to the high degree of uncertainty and complexity of environmental effects, estimates of environmental damage costs tend to vary significantly from one study to another. It is often difficult for the policy maker or analyst to choose reasonable estimates of environmental externality adders in policy analysis. In this paper, we propose an approach to synthesizing estimates of environmental externality adders given in different sources using the Finite Mixture Distribution statistical technique and the Analytic Hierarchy Process multi-attribute analysis method. We present the results of the marginal social costs of C0 2 obtained using the proposed approach and the possible applications of these results in environmental studies.

Suggested Citation

  • J.P. Huang & B.W. Ang & K.L. Poh, 1996. "Synthesizing Environmental Externality Costs – A Statistical and Multi-Attribute Analysis Approach," Energy & Environment, , vol. 7(3), pages 253-266, May.
    • Handle: RePEc:sae:engenv:v:7:y:1996:i:3:p:253-266
    DOI: 10.1177/0958305X9600700302
    as

    Download full text from publisher

    File URL: https://journals.sagepub.com/doi/10.1177/0958305X9600700302
    Download Restriction: no
    File URL: https://libkey.io/10.1177/0958305X9600700302?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Samuel Fankhauser, 1994. "The Social Costs of Greenhouse Gas Emissions: An Expected Value Approach," The Energy Journal, International Association for Energy Economics, vol. 0(Number 2), pages 157-184.
    2. William R. Cline, 1992. "Economics of Global Warming, The," Peterson Institute Press: All Books, Peterson Institute for International Economics, number 39, January.
    3. Yoram Wind & Thomas L. Saaty, 1980. "Marketing Applications of the Analytic Hierarchy Process," Management Science, INFORMS, vol. 26(7), pages 641-658, July.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Zhou, Peng & Poh, Kim Leng & Ang, Beng Wah, 2007. "A non-radial DEA approach to measuring environmental performance," European Journal of Operational Research, Elsevier, vol. 178(1), pages 1-9, April.
    2. J.P. Huang & B.W. Ang & K.L. Poh, 1997. "Synthesizing Values of Statistical Life for Energy-Environmental Policy Analysis," Energy & Environment, , vol. 8(3), pages 179-190, September.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Toth, Ferenc L, 1995. "Discounting in integrated assessments of climate change," Energy Policy, Elsevier, vol. 23(4-5), pages 403-409.
    2. Havranek, Tomas & Irsova, Zuzana & Janda, Karel & Zilberman, David, 2015. "Selective reporting and the social cost of carbon," Energy Economics, Elsevier, vol. 51(C), pages 394-406.
    3. Beltrán, Allan & Alatorre, José Eduardo & Ferrer, Jimy & Galindo, Luis Miguel, 2017. "Efectos potenciales de un impuesto al carbono sobre el producto interno bruto en los países de América Latina: estimaciones preliminares e hipotéticas a partir de un metaanálisis y una función de tran," Documentos de Proyectos 41867, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL).
    4. Lykke E. Andersen, 2015. "A Cost-benefit Analysis of Deforestation in the Brazilian Amazon," Discussion Papers 0065, Instituto de Pesquisa Econômica Aplicada - IPEA.
    5. Rick Baker & Andrew Barker & Alan Johnston & Michael Kohlhaas, 2008. "The Stern Review: an assessment of its methodology," Staff Working Papers 0801, Productivity Commission, Government of Australia.
    6. Ian W. H. Parry & Kenneth A. Small, 2005. "Does Britain or the United States Have the Right Gasoline Tax?," American Economic Review, American Economic Association, vol. 95(4), pages 1276-1289, September.
    7. Tol, Richard S. J., 2008. "The Social Cost of Carbon: Trends, Outliers and Catastrophes," Economics - The Open-Access, Open-Assessment E-Journal (2007-2020), Kiel Institute for the World Economy (IfW Kiel), vol. 2, pages 1-22.
    8. Emilio Padilla, 2002. "Limitations and biases of conventional analysis of climate change. Towards an analysis coherent with sustainable development," Working Papers wp0206, Department of Applied Economics at Universitat Autonoma of Barcelona.
    9. Tol, Richard S.J., 2013. "Targets for global climate policy: An overview," Journal of Economic Dynamics and Control, Elsevier, vol. 37(5), pages 911-928.
    10. Richard Tol, 2002. "Estimates of the Damage Costs of Climate Change. Part 1: Benchmark Estimates," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 21(1), pages 47-73, January.
    11. Marten, Alex L. & Newbold, Stephen C., 2012. "Estimating the social cost of non-CO2 GHG emissions: Methane and nitrous oxide," Energy Policy, Elsevier, vol. 51(C), pages 957-972.
    12. Munksgaard, Jesper & Christoffersen, Line Block & Keiding, Hans & Pedersen, Ole Gravgard & Jensen, Trine S., 2007. "An environmental performance index for products reflecting damage costs," Ecological Economics, Elsevier, vol. 64(1), pages 119-130, October.
    13. Mapemba, Lawrence D. & Epplin, Francis M. & Huhnke, Raymond L., 2006. "Environmental Consequences of Ethanol from Corn Grain, Ethanol from Lignocellulosic Biomass, and Conventional Gasoline," 2006 Annual meeting, July 23-26, Long Beach, CA 21034, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    14. Leslie Shiell & Suzanne Loney, 2007. "Global Warming Damages and Canada's Oil Sands," Canadian Public Policy, University of Toronto Press, vol. 33(4), pages 419-440, December.
    15. Plambeck, Erica L. & Hope, Chris & Anderson, John, 1997. "The model: Integrating the science and economics of global warming," Energy Economics, Elsevier, vol. 19(1), pages 77-101, March.
    16. Richard S J Tol, 2018. "The Economic Impacts of Climate Change," Review of Environmental Economics and Policy, Association of Environmental and Resource Economists, vol. 12(1), pages 4-25.
    17. Frankhauser, Samuel & Tol, Richard SJ, 1996. "Climate change costs : Recent advancements in the economic assessment," Energy Policy, Elsevier, vol. 24(7), pages 665-673, July.
    18. Adam Rose & Brandt Stevens, 1998. "A Dynamic Analysis of Fairness in Global Warming Policy: Kyoto, Buenos Aires, and Beyond," Journal of Applied Economics, Universidad del CEMA, vol. 1, pages 329-362, November.
    19. Korkut Alp Ertürk & Jason Whittle, 2015. "Climate Change, Procrastination and Asymmetric Power," World Economic Review, World Economics Association, vol. 2015(5), pages 1-40, July.
    20. Linda Sygna & Jan Fuglestvedt & H. Aaheim, 2002. "The adequacy of GWPs as indicators of damage costsincurred by global warming," Mitigation and Adaptation Strategies for Global Change, Springer, vol. 7(1), pages 45-62, March.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:sae:engenv:v:7:y:1996:i:3:p:253-266. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: SAGE Publications (email available below). General contact details of provider: .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.