Dataset on the in-stream and off-stream economic value of water

Abstract

This dataset contains 706 estimates of the economic value of water; it has been compiled from published sources. Economic values are provided for three off-stream uses (agriculture/irrigation, industry, and municipal) and three in-stream ecosystem services (recreation, waste assimilation, and wildlife habitat). The dataset covers per period and capitalised asset values. All value estimates have been standardised in USD (2014) per acre-foot. The data accompany the research article entitled “Shifting from volume to economic value in virtual water allocation problems: a proposed new framework and methodology” [1]. The dataset can be used to facilitate benefits (or value) transfer.

Keywords

• Benefit transfer
• Economic value of water
• Environmental valuation
• Non-market valuation
• Value transfer