CVGMCell Volumising Growth Matrix
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The CVM has the advantage of measuring use values (municipal, ecological, buffer values, subsidence avoidance and recreation) and nonuse values (existence and bequest) of natural resources such as groundwater (CVGM, 1997).
This technique has the advantage of measuring use and nonuse values of natural resources, such as ground water (CVGM, 1997).
CVGM (1997) Valuing Ground Water: Economic Concepts and Approaches.