Water Quality Improvements in Florida: A Benefits Transfer Valuation Approach

Abstract

We develop a database of existing peer-reviewed and high quality studies that value the non-market benefits of water quality improvements, including studies using the contingent valuation, travel cost, and hedonic pricing methods. The database is used to estimate a benefits transfer valuation function for water quality improvements in the state of Florida as a result of adoption and implementation of agricultural Best Management Practices (BMPs).