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Valuation Of Water Quality In Livestock Regions: An Application To Rural Watersheds In Iowa

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Author Info

  • Hurley, Terrance M.
  • Otto, Daniel M.
  • Holtkamp, Janice

Abstract

This paper investigates rural residents' perceptions of the risk to water quality from large confinement facilities and their willingness to pay to delay nitrate contamination from these facilities. Rural residents are concerned about the environmental impact of confinement facilities and are willing to pay as much as $82 annually to delay nitrate contamination in their water for 20 years. These contingent valuation results are consistent with the result obtained in similar studies that used hedonic valuation methods.

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File URL: http://purl.umn.edu/15134
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Bibliographic Info

Article provided by Southern Agricultural Economics Association in its journal Journal of Agricultural and Applied Economics.

Volume (Year): 31 (1999)
Issue (Month): 01 (April)
Pages:

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Handle: RePEc:ags:joaaec:15134

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Web page: http://www.saea.org/jaae/jaae.htm
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Related research

Keywords: contingent valuation; livestock production; nitrate contamination; rural development; water quality; Environmental Economics and Policy; Livestock Production/Industries;

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References

References listed on IDEAS
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  1. Herriges, Joseph A. & Shogren, Jason F., 1996. "Starting Point Bias in Dichotomous Choice Valuation with Follow-Up Questioning," Journal of Environmental Economics and Management, Elsevier, vol. 30(1), pages 112-131, January.
  2. Kevin J. Boyle & Richard C. Bishop & Michael P. Welsh, 1985. "Starting Point Bias in Contingent Valuation Bidding Games," Land Economics, University of Wisconsin Press, vol. 62(2), pages 188-194.
  3. Dermot J. Hayes & Daniel M. Otto & John D. Lawrence, 1996. "Pork Production in Iowa: An Industry at a Crossroads," Center for Agricultural and Rural Development (CARD) Publications 96-bp10, Center for Agricultural and Rural Development (CARD) at Iowa State University.
  4. Paul R. Portney, 1994. "The Contingent Valuation Debate: Why Economists Should Care," Journal of Economic Perspectives, American Economic Association, vol. 8(4), pages 3-17, Fall.
  5. Peter A. Diamond & Jerry A. Hausman, 1994. "Contingent Valuation: Is Some Number Better than No Number?," Journal of Economic Perspectives, American Economic Association, vol. 8(4), pages 45-64, Fall.
  6. W. Michael Hanemann, 1994. "Valuing the Environment through Contingent Valuation," Journal of Economic Perspectives, American Economic Association, vol. 8(4), pages 19-43, Fall.
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Citations

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Cited by:
  1. John C. Whitehead, 2006. "Improving Willingness to Pay Estimates for Quality Improvements through Joint Estimation with Quality Perceptions," Southern Economic Journal, Southern Economic Association, vol. 73(1), pages 100–111, July.
  2. D'Souza, Gerard E. & Collins, Alan R. & Benson, Matt & Borisova, Tatiana, 2006. "Differences among Watershed Sub-Populations in Willingness to Pay for Water Quality Improvements: The Impact of TMDL Development," 2006 Annual meeting, July 23-26, Long Beach, CA 21195, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
  3. Eduardo Beamonte Córdoba & José D. Bermúdez Edo & Alejandro Casino Martínez & Ernesto J. Veres Ferrer, 2007. "Medición de la calidad del agua del trasvase del Ebro (tramo Castellón-Mijares): valoración del coste económico asociado a la adecuación de calidades/Water Quality Measurement in the Ebro Transfe," Estudios de Economía Aplicada, Estudios de Economía Aplicada, vol. 25, pages 573-586, Abril.

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