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| Herriges, Joseph A.; Kling, Catherine L.; Phaneuf, Daniel J.. |
| The focal point of the revealed preference (RP) valuation literature, including recreation demand and random utility maximization (RUM) models, has been on eliciting the "use" value associated with environmental amenities; i.e., that portion of value associated with direct use of a resource. Maler's (1974) concept of weak complementarity is typically invoked to justify this focus. Indeed, weak complementarity explicitly or implicitly underlies most of the RP literature. In this paper, we consider the measurement of welfare in RP models when weak complementarity does not hold. In particular, the Kuhn-Tucker (KT) framework (e.g., Phaneuf et al. 2000) does not impose weak complementarity a priori, raising the possibility of rejecting weakly complementary in... |
| Tipo: Working or Discussion Paper |
Palavras-chave: Revealed preference; Valuation; Weak complementarity; Use value; Research Methods/ Statistical Methods. |
| Ano: 2000 |
URL: http://purl.umn.edu/18341 |
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| Edmeades, Svetlana; Smale, Melinda; Renkow, Mitch; Phaneuf, Daniel J.. |
| Ugandan smallholder farmers produce the nation's major food crop using numerous banana varieties with distinctive attributes, while coping with important biotic constraints and imperfect markets. This empirical context motivates a trait-based model of the agricultural household that establishes the economic association between household preferences for specific variety attributes (yield, disease and pest resistance, and taste), among other exogenous factors, and variety demand, or the extent of cultivation. Six variety demands are estimated in reduced form, each in terms of both plant counts ("absolute" or levels demand) and plant shares ("relative" demand). Two salient findings emerge from the analysis: 1) the determinants of both absolute and relative... |
| Tipo: Working or Discussion Paper |
Palavras-chave: Variety demand; Variety attributes; Agricultural household model; Bananas; Uganda; Crop Production/Industries; Food Security and Poverty. |
| Ano: 2004 |
URL: http://purl.umn.edu/60323 |
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| Phaneuf, Daniel J.. |
| Techniques for measuring amenity and nonuse values are presented using advances in spatial econometrics and hedonic models. The session also explores the efficiency of block-rate pricing and the appropriateness of "Green Box" subsidies. Papers include: Measuring the Benefits of Air Quality Improvement: A Spatial Hedonic Approach, Chong Won Kim, Korea Research Institute for Human Settlements; Tim Phipps, West Virginia University; Luc Anselin, West Virginia University. The Value of Open Spaces for Residential Land Prices & Land Use Change: A Hedonic & Duration Model Analysis, Jacqueline Geoghegan, Clark University; Nancy Bockstael, University of Maryland. "Green Box" Measures for Agricultural Support: How Decoupled Can They Really Be?... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Environmental Economics and Policy. |
| Ano: 1998 |
URL: http://purl.umn.edu/20980 |
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| Goodwin, Barry K.; Phaneuf, Daniel J.. |
| Considerable optimism has been expressed about the outlook for increased exports of food products to Central and Eastern Europe. A clear understanding of the potential for increased exports to this region requires comprehension of consumers' demands for food products. This analysis resents detailed elasticity estimate for food commodities in transition Bulgaria. The analysis is conducted in two segments. The first considers demand for five aggregate food commodities---cereals, fruits and vegetables, meats, dairy products, other foods (including food consumed away from home and prepared foods), and all other goods. The estimates suggest relatively price inelastic demands. We find that cereals and dairy products tend to be income-inelastic while meats and... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Consumer/Household Economics; Demand and Price Analysis. |
| Ano: 2001 |
URL: http://purl.umn.edu/20713 |
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| Phaneuf, Daniel J.; Kling, Catherine L.; Herriges, Joseph A.. |
| The Kuhn-Tucker model of Wales and Woodland (1983) provides a utility theoretic framework for estimating preferences over commodities for which individuals choose not to consume one or more of the goods. Due to the complexity of the model, however, there have been few applications in the literature and little attention has been paid to the problems of welfare analysis within the Kuhn-Tucker framework. This paper provides an application of the model to the problem of recreation demand. In addition, we develop and apply a methodology for estimating compensating variation, relying on Monte Carlo integration to derive expected welfare changes. |
| Tipo: Working or Discussion Paper |
Palavras-chave: Resource /Energy Economics and Policy; C25; Q26. |
| Ano: 1998 |
URL: http://purl.umn.edu/18585 |
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