Table 1.
List of Assessment Methods | ||
---|---|---|
Types | Main Equations | Meaning of Variables |
Market value method |
S1 is the economic loss of environment quality; P is the market price of good i; ΔR is the yield reduction of good i that caused by pollution and ecological damage. |
|
Opportunity cost method |
S2 is the opportunity cost of the loss; V2 is the Unit opportunity cost of the certain resource; W2 is the amount of resources being polluted or damaged. |
|
Engineering cost method |
S3 is the cost of prevention and controlling pollution or destruction; V3 is the unit costs of protecting, restoring or replacing the original environmental functions; Q is the unit costs of protecting, restoring or replacing the original environmental functions; |