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The Payment Vehicle Used in CV Studies of Environmental Goods Does Matter

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  • Ivehammar, Pernilla
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    Abstract

    This paper examines the effect of the payment vehicle on the valuation of an environmental good with the contingent valuation method (CVM). Results from three CV studies comparing different payment vehicles by using split samples when valuing environmental encroachment caused by roads in Sweden are presented and compared to results from other such split-sample studies of payment vehicle effects. The results are consistent and show that the payment vehicle affects the valuation, but not always the way expected when considering incentives to behave strategically.

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    File URL: http://purl.umn.edu/57628
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    Bibliographic Info

    Article provided by Western Agricultural Economics Association in its journal Journal of Agricultural and Resource Economics.

    Volume (Year): 34 (2009)
    Issue (Month): 3 (December)
    Pages:

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    Handle: RePEc:ags:jlaare:57628

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    Web page: http://waeaonline.org/
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    Related research

    Keywords: CVM; payment vehicle; split-sample tests; valuation; Environmental Economics and Policy;

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    Cited by:
    1. Vondolia, Godwin K., 2011. "What do respondents bring into contingent valuation? A comparison of monetary and labour payment vehicles," Working Papers in Economics 508, University of Gothenburg, Department of Economics.
    2. Vondolia, Godwin Kofi & Eggert, Hakan & Navrud, Stale & Stage, Jesper, 2011. "What Do Respondents Bring to Contingent Valuation? A Comparison of Monetary and Labor Payment Vehicles," Discussion Papers dp-11-13-efd, Resources For the Future.
    3. Martínez-Espiñeira, Roberto & Lyssenko, Nikita, 2011. "Correcting for the endogeneity of pro-environment behavioral choices in contingent valuation," Ecological Economics, Elsevier, vol. 70(8), pages 1435-1439, June.
    4. Mayula Chaikumbung & Helen Scarborough & Chris Doucouliagos, 2014. "Incorporating cultural values and preferences in wetland valuation and policy," Economics Series 2014_3, Deakin University, Faculty of Business and Law, School of Accounting, Economics and Finance.
    5. Louinord Voltaire & Abdelhak Nassiri & Denis Bailly & Jean Boncoeur, 2011. "Effet d’une taxe et d’un droit d’entrée sur les consentements à payer des touristes pour de nouvelles réserves naturelles dans le golfe du Morbihan," Review of Agricultural and Environmental Studies - Revue d'Etudes en Agriculture et Environnement, INRA Department of Economics, vol. 92(2), pages 183-209.
    6. Lyssenko, Nikita & Martinez-Espineira, Roberto, 2009. "`Been there done that': Disentangling option value effects from user heterogeneity when valuing natural resources with a use component," MPRA Paper 21976, University Library of Munich, Germany, revised 08 Apr 2010.

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