抄録
The measurement of non-use value has been of particular interest to civil engineers and environmental economists concerned with the preservation of water resources and its cost benefit analysis. This paper discuss that the prevailing consensus that non-use value can only be measured by Contingent Valuation Method (CVM, we call Stated Preference model.) is questioned. In this field, Larson (1992) and Hayashiyama (1998) proposed that it is possible to evaluate non-use value by using only revealed preference (RP) data. Their papers showed that the Non-use Value of environmental quality is defined by compensating variation within the context of simple partial equilibrium model as RP model.
Accordingly, The purpose of this paper is clarified the accuracy and availability of the CVM estimates and RP model estimates by empirical analysis. These methods are applied to the demand for recreation of the Hirose River in Sendai City. To conclude, this paper indicated a method to estimate non-use value of water resources improvement projects.
