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Identifying Individual Discount Rates and Valuing Public Open Space with Stated Preference Models AgEcon
Kovacs, Kent F.; Larson, Douglas M..
An individual's rate of time preference is an important consideration for individuals deciding whether to support a public good since the benefits of a public good often come in the future. Our study finds individual discount rates from a contingent valuation method (CVM) question where the time frame of the payment schedule is varied across surveys. We find discount rates similar to the rates found in the recent revealed preference and experimental literature of around 30%. Our CVM question addresses the preservation of additional open space adjacent to a large regional park at the urban fringe of Portland, Oregon.
Tipo: Conference Paper or Presentation Palavras-chave: Resource /Energy Economics and Policy; H43; Q51; Q15.
Ano: 2007 URL: http://purl.umn.edu/9743
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European Forests and Carbon Sequestration Services: An Economic Assessment of Climate Change Impacts AgEcon
Ding, Helen; Nunes, Paulo A.L.D.; Teelucksingh, Sonja S..
This paper reports an original economic valuation of the impact of climate change on the provision of forest regulating services in Europe. To the authors’ knowledge the current paper represents the first systematic attempt to estimate human well-being losses with respect to changes in biodiversity and forest regulating services that are directly driven by climate change. First, selected 34 European countries are grouped by their latitude intervals to capture the differentiated regional effects of forests in response to climate change. Moreover, the future trends of forest areas and stocked carbon in 2050 are projected through the construction and simulation of global circulation models such as HADMC3 following four different future developing paths...
Tipo: Working or Discussion Paper Palavras-chave: Economic Valuation; Forest Ecosystem; Carbon Sequestration; Climate Change Impacts; Environmental Economics and Policy; Q23; Q51; Q57.
Ano: 2010 URL: http://purl.umn.edu/59397
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Testing Construct Validity of River Recreation Use Values: A Comparison of Direct Elicitation of Use Values to Use Values Inferred Indirectly from WTP for Total Economic Value AgEcon
Loomis, John B..
Instream Flow, Colorado
Tipo: Conference Paper or Presentation Palavras-chave: Contingent valuation; Instream flow; Recreation benefits; Total economic value; Colorado; Environmental Economics and Policy; Public Economics; Resource /Energy Economics and Policy; Q26; Q51; Q25.
Ano: 2010 URL: http://purl.umn.edu/60410
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Disentangling Access and View Amenities in Access-Restricted Coastal Residential Communities AgEcon
Morgan, O. Ashton; Hamilton, Stuart E..
In coastal communities with uniform flood risk, amenity value is comprised of two components – view and access. Having controlled for view, it is assumed that any residual amenity value represents the benefit derived from accessing the beach for leisure/recreational purposes. However, as properties closer to the beach typically have improved viewsheds, the two amenities are highly correlated, and disentangling view and access is problematical. A spatial autoregressive hedonic model captures ease of beach access via a network distance parameter that varies independently from property viewshed, collinearity effects are mitigated, and access and view can be disentangled.
Tipo: Journal Article Palavras-chave: Beach access; Property viewshed; Spatial hedonic model; Willingness to pay; Environmental Economics and Policy; Land Economics/Use; Q51; R12; R21; R23.
Ano: 2011 URL: http://purl.umn.edu/104620
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Quantifizierung „gesellschaftlich gewünschter, nicht marktgängiger Leistungen“ der Landwirtschaft AgEcon
Plankl, Reiner; Weingarten, Peter; Nieberg, Hiltrud; Zimmer, Yelto; Isermeyer, Folkhard; Krug, Janina; Haxsen, Gerhard.
Zusammenfassung: In den Diskussionen über die Gemeinsame Agrarpolitik nach 2013 nimmt die Honorierung nicht marktgängiger gesellschaftlicher Leistungen der Landwirtschaft eine zentrale Rolle ein. Unterschiedliche Ansichten bestehen darüber, was unter diesen Leistungen genau zu verstehen ist und wie sie quantifiziert und monetarisiert werden können. Die hierzu durchgeführte Auswertung von rund 80 Studien zeigt einerseits, dass in der Bevölkerung eine generelle Zahlungsbereitschaft für solche Leistungen besteht, und andererseits, dass die ausgewerteten Fallstudien nicht auf Deutschland hochgerechnet werden können. Die Leistung „Offenhaltung der Landschaft“ verursacht - wenn sie nicht als Koppelprodukt unentgeltlich anfällt - Kosten, deren Höhe in starkem...
Tipo: Report Palavras-chave: Gesellschaftliche Leistungen der Landwirtschaft; Koppelprodukte; Zahlungsbereitschaft; Offenhaltung der Landschaft; Kosten für Umweltregulierung; Public goods provided by agriculture; By-product; Willingness to pay; Open landscape; Environmental regulation cost; Environmental Economics and Policy; Public Economics; Q01; Q51; Q56; Q57.
Ano: 2010 URL: http://purl.umn.edu/103256
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Flood prone risk and amenity values: a spatial hedonic analysis AgEcon
Samarasinghe, Oshadhi; Sharp, Basil M.H..
This study examines the impact of flood hazard zone location on residential property values. The study utilises data from over 2,000 private residential property sales occurred during 2006 in North Shore City, New Zealand. A spatial autoregressive hedonic model is developed to provide efficient estimates of the marginal effect of flood prone risks on property values. Our results suggest that a property located within a flood hazard zone sells for 4.3% less than an equivalent property located outside the flood hazard zone. Given the median house price, estimated discount associated with flood risks is approximately NZ$22,000.
Tipo: Conference Paper or Presentation Palavras-chave: Flood hazard; Spatial hedonic; Amenity value; Land Economics/Use; Q15; Q51.
Ano: 2008 URL: http://purl.umn.edu/6013
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Selective logging and the economics of conserving forest wildlife species e.g. orangutans AgEcon
Tisdell, Clement A..
Analyzes the economics of alternative allocations of forested land for uses (dominant-use vs. multiple use) to ensure the survival of a viable population of a forest-dependent species, e.g. the orangutan. The alternatives are (1) setting aside a sufficient fully protected portion of the forest and allowing the rest to be used for intensive logging and (2) fully protecting none of the forested area but allowing a sufficient portion of it to be lightly (selectively) logged to ensure the survival of the population of the focal species with the remaining land (if any) being available for intensive use.
Tipo: Working Paper Palavras-chave: Biodiversity conservation; Conserving of forest species; Forestry; Logging and conservation; Opportunity cost and conservation; Orangutans; Crop Production/Industries; Environmental Economics and Policy; Land Economics/Use; Q23; Q51; Q57.
Ano: 2011 URL: http://purl.umn.edu/122725
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The Benefits of Contaminated Site Cleanup Revisited: The Case of Naples and Caserta, Italy AgEcon
Alberini, Anna; Scasny, Milan; Guignet, Dennis; Tonin, Stefania.
Guerriero and Cairns (2009) recently estimate that contaminated sites and improper waste management result in 848 excess deaths per year in the provinces of Naples and Caserta in Southern Italy, 403 of which are fatal cancers. In the absence of estimates of the Value of a Prevented Fatality (VPF) in Italy or specific to the hazardous waste context, they use figures recommended by DG-Environment. Contrary to their claims, estimates of the VPF are available for Italy that are specific to the hazardous waste context, and for causes of death that have been linked to contaminated site exposures. We review them in this paper. We also produce new estimates of the cancer VPF using data from a recent survey conducted in Milan, Italy, in late November to...
Tipo: Working or Discussion Paper Palavras-chave: Value of a Prevented Fatality; Stated Preferences; Hazardous Waste Sites; Contaminated Sites; Cancer; Mortality Benefits; Cost-Benefit Analysis; Health Economics and Policy; I18; J17; K32; Q51; Q53.
Ano: 2010 URL: http://purl.umn.edu/92786
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The sampling bias in multi-agent simulation models AgEcon
Buysse, Jeroen; Frija, Aymen; Van der Straeten, Bart; Nolte, Stephan; Lauwers, Ludwig H.; Claeys, Dakerlia; Van Huylenbroeck, Guido.
For practical considerations, it is in some case impossible to simulate MAS models at population level. The current paper shows that MAS models applied to samples with heterogeneous costs of interactions between agents have biased results. Heterogeneous costs of interactions in MAS models can come from the spatial dimension in MAS models or from fixed costs per interaction. The paper presents two correction procedures to remove the sampling bias and to increase the reliability of the outcome. The correction procedures can be very promising for future applications of MAS models because it becomes possible to deploy more complex models without bias on more detailed datasets that are only available at sample level, which will be the case for country- or...
Tipo: Conference Paper or Presentation Palavras-chave: MAS; Bias; Correction; Resampling; Agricultural and Food Policy; Q12; Q18; Q51; Q52.
Ano: 2011 URL: http://purl.umn.edu/99599
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Evaluating the sustainability of impounded river systems and the cost-effectiveness of dam projects: An ecosystem services approach AgEcon
Tompkins, Jean-Marie; Hearnshaw, Edward J.S.; Cullen, Ross.
In recent times, there has been increasing demand in the Canterbury region of New Zealand for the abstraction of water from rivers. The impact of this demand has lead to unacceptable minimum river flows and has adversely affected river ecology. In an effort to resolve these issues dams have been constructed. To evaluate the impact of these dam projects on all river values, an ecosystem services approach is developed. This ecosystem services approach coupled with various evaluation methods are applied for the purposes of assessing the cost-effectiveness of the Opuha Dam and the sustainability of the Opihi river system now modified by the Opuha Dam. To evaluate the cost-effectiveness of this dam project cost utility analysis is applied through the...
Tipo: Conference Paper or Presentation Palavras-chave: Cost utility analysis; Dam projects; Ecosystem services; Impounded river systems; Indicators and sustainability.; Environmental Economics and Policy; Q15; Q25; Q27; Q51; Q58; Q57.
Ano: 2011 URL: http://purl.umn.edu/100720
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Mapping preferences for the restoration of environmental damage caused by illegal dumping AgEcon
Campbell, Danny; Sinclair, Victoria.
In this paper we use a discrete choice experiment to elicit the economic benefits associated with restoring environmental damage caused by illegal dumping activities. Our study focuses on an extensive rural upland area close to Belfast, where illegal dumping activities are prevalent. Using a random parameters logit model to account for unobserved taste heterogeneity, we exploit the panel nature of the dataset to retrieve partworths, or willingness to pay (WTP) values, for every individual in the sample. We subsequently investigate the existence of spatial dependence of these estimates. As a means of benefit transfer, we also employ geostatistical methods to extend across the whole of the study area the WTP estimates derived from the collected data. The...
Tipo: Conference Paper or Presentation Palavras-chave: Discrete choice experiments; Environmental restoration; Geostatistical analysis; Random parameters logit; Spatial dependence; Illegal dumping; Willingness to pay; C25; Q51; Q53.
Ano: 2008 URL: http://purl.umn.edu/36772
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Produzione del colza per fini energetici: impatto ambientale e metodo di coltivazione AgEcon
Palmieri, Nadia; Forleo, Maria Bonaventura; Suardi, Alessandro; Coaloa, Domenico; Pari, Luigi.
A seguito dell’applicazione della riforma OCM zucchero, si sono avviati piani di riconversione della filiera bieticolo-saccarifera verso diverse filiere agroenergetiche. La colza è considerata tra le colture strategiche da utilizzare per la produzione di biodiesel. Tra gli studi di riconversione sta acquistando sempre maggiore importanza l’analisi della sostenibilità ambientale ed economica del processo di cambio d’uso del suolo. Obiettivo dello studio è condurre un’analisi dell’impatto ambientale della coltivazione di colza al fine di individuare il modello colturale meno impattante. L’analisi ambientale è condotta su cinque realtà rappresentative individuate mediante l’impiego della cluster analysis a partire da un campione di 251 appezzamenti coltivati...
Tipo: Presentation Palavras-chave: Bioeconomy; Life Cycle Assessment; Brassica napus; L; Resource /Energy Economics and Policy; Q01; Q12; Q51.
Ano: 2012 URL: http://purl.umn.edu/124125
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Some External Costs of Dairy Farming in Canterbury AgEcon
Tait, Peter R.; Cullen, Ross.
Intensification of agricultural practices is occurring in Canterbury. Dairy farm conversions continue with land use increasing 132% since 1995. Current concerns emanate predominantly from issues of water quantity and quality, in particular the degradation of lowland streams. These and other costs are not transmitted through markets for dairy products, these negative externalities represent allocation and equity concerns for regional policy makers. This study canvassed regional policy administrators, assembled available valuation studies and performed rudimentary calculations based on reviewed New Zealand literature to form an estimate of the external costs of dairy farming in Canterbury. External costs are estimated at $28.7 to $45 million annually. Using...
Tipo: Conference Paper or Presentation Palavras-chave: Negative externalities; Dairy farming; Valuation; Agricultural and Food Policy; Environmental Economics and Policy; Q51.
Ano: 2006 URL: http://purl.umn.edu/109595
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Essays on the Economics of Environmental Management and Green Reputation AgEcon
Komarek, Timothy M..
Many governments, firms, institutions and individuals have become increasingly cognizant of their impact on the environment, most notably with respect to global climate change. This coupled with a threat of future regulation and a desire for a ‘green’ image, among other reasons, has led firms and institutions to begin critically evaluating and managing their own “carbon footprint”. Effective programs to manage greenhouse gas emissions (GHG) benefit from understanding the preferences of the constituents the program intends to serve. This study uses a survey at Michigan State University to examine the preferences of constituents (students, faculty and staff) for attributes of alternative greenhouse gas (GHG) reduction strategies. The first essay examines...
Tipo: Thesis or Dissertation Palavras-chave: 'Green' reputation; Pro-environmental behavior; Conjoint analysis; Climate change policy; Choice experiment; Institution; Environmental Economics and Policy; Resource /Energy Economics and Policy; Q40; Q42; Q51.
Ano: 2010 URL: http://purl.umn.edu/98248
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Assessing the impact of the EU Common Agricultural Policy pillar II support using micro-economic data AgEcon
Buysse, Jeroen; Verspecht, Ann; Van Huylenbroeck, Guido.
The paper uses the case of Flemish investment support to make a quantitative analysis of pillar II support based on micro-economic data from the FADN and the administrative dataset of the investment support fund. A dynamic panel estimation quantifies the effect of support for settingup young farmers, structural investment support and support for investments on farm diversification, animal welfare or environmental investments.. The results show that investment support for farm diversification and structural support increase the total output and the income. Environmental investment support increase costs and decrease the farm income without a significant impact on output. The conclusion for the national debate is that the structural and the diversification...
Tipo: Conference Paper or Presentation Palavras-chave: Pillar II; Investment support; Decoupled subsidies; Dynamic panel estimation; Flanders; Agricultural and Food Policy; Q12; Q18; Q51; Q52..
Ano: 2011 URL: http://purl.umn.edu/99596
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Multicriteria analysis on effective financing of agri-environmental measures and conflicts between environmental objectives AgEcon
Ziolkowska, Jadwiga.
The main objective of the paper is to investigate effective financing scenarios for agri-environmental measures with regard to the environmental benefit, considering regional policy priorities. By means of the Analytic Hierarchy Process (AHP) and a Linear Programming (LP) approach we conduct multicriteria analysis and investigate conflicts between environmental objectives as well as their influence on financing scenarios for agri-environmental measures. The analysis is based on an explorative case study conducted in Poland in the Subcarpathia region and on interviews with agricultural experts. The results show that the budget allocation for agri-environmental measures is considerably dependent on preferences given to environmental objectives within...
Tipo: Conference Paper or Presentation Palavras-chave: Agri-environmental policy; Evaluation; Environmental protection; Agricultural and Food Policy; Environmental Economics and Policy; Q51; Q57; C61.
Ano: 2009 URL: http://purl.umn.edu/51338
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Policy Options for Increasing Crop Productivity and Reducing Soil Nutrient Depletion and Poverty in Uganda AgEcon
Nkonya, Ephraim M.; Pender, John L.; Kaizzi, Crammer; Edward, Kato; Mugarura, Samuel.
This study was conducted with the main objective of determining the linkages between poverty and land management practices in Uganda. The study used the 2002/03 Uganda National Household Survey (UNHS) and more focused data collected from a sub-sample of 851 households of the 2002/03 UNHS sample households. We found that farmers in Uganda deplete about 1.2 percent of the nutrient stock stored in the topsoil per year, which leads to a predicted 0.31 percent reduction in crop productivity. The value of replacing the depleted nutrients using the cheapest inorganic fertilizers is equivalent to about 20 percent of household income obtained from agricultural production. Econometric analysis of the survey results provides evidence of linkages between poverty and...
Tipo: Working or Discussion Paper Palavras-chave: Uganda; Land degradation; Soil nutrient depletion; Poverty; Crop productivity; Natural resource management; Land management; Crop Production/Industries; Food Security and Poverty; Q15; Q57; Q51.
Ano: 2005 URL: http://purl.umn.edu/59227
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Intraindustry Trade and the Environment: Is There a Selection Effect? AgEcon
Aralas, Sarma B.; Hoehn, John P..
Replaced with revised version of paper 08/06/10.
Tipo: Conference Paper or Presentation Palavras-chave: Environment; Trade; Monopolistic Competition; Selection effect; Environmental quality; Panel data; OECD; Pollution; Environmental Economics and Policy; International Development; International Relations/Trade; Q56; Q51; Q53; Q58; F12; F18.
Ano: 2010 URL: http://purl.umn.edu/61367
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Does Economic Endogeneity of Site Facilities in Recreation Demand Models Lead to Statistical Endogeneity? AgEcon
Chen, Min.
Random Utility Models of recreation demand are widely used to relate demand and value to the characteristics of recreation sites. Although some kinds of endogeneity problems have been studied in previous literature, no study has addressed the potential problem with site characteristics that are endogenously supplied. Some site characteristics, like facilities, could be endogenous in an economic sense due to the interplay of supply and demand. That is, more popular recreation sites tend to have better site characteristics since managers with limited budgets would be more willing to invest in them. If recreation site improvements are more likely to occur at the more popular sites, then this economic endogeneity might cause problems for econometric models...
Tipo: Thesis or Dissertation Palavras-chave: Random Utility Maximization models; Facilities; Endogeneity; Monte Carlo simulations; Environmental Economics and Policy; Q51.
Ano: 2009 URL: http://purl.umn.edu/55808
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A Joint Estimation Method to Combine Dichotomous Choice CVM Models with Count Data TCM Models Corrected for Truncation and Endogenous Stratification AgEcon
Gonzalez, Juan Marcos; Loomis, John B.; Gonzalez-Caban, Armando.
We update the joint estimation of revealed and stated preference data of previously published research to allow for joint estimation of the Travel Cost Method (TCM) portion using count data models. The TCM estimation also corrects for truncation and endogenous stratification as well as overdispersion. The joint estimation allows for testing consistency of behavior between revealed and stated preference data rather than imposing it. We find little gain in estimation efficiency, but our joint estimation might make a significant improvement in estimation efficiency when the contingent valuation scenarios involve major changes in site quality not reflected in the TCM data.
Tipo: Journal Article Palavras-chave: Contingent valuation models; Joint estimation; Nonmarket valuation; Recreation; Travel cost models; Agribusiness; Demand and Price Analysis; Productivity Analysis; Q51.
Ano: 2008 URL: http://purl.umn.edu/47207
Registros recuperados: 154
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