Wang, Hua; Shi, Yuyan; Kim, Yoonhee; Kamata, Takuya - In: Frontiers of Economics in China 10 (2015) 1, pp. 168-199
Water quality in China has seriously deteriorated in recent years. However, very few valuation studies have been … conducted to estimate the monetary values associated with water quality changes. As a result, the decision makers can hardly … make rational choices with regard to investments in water quality improvement. This paper presents a valuation study …