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Willingness To Pay For Agricultural Research And Extension Programs

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Author Info
Clifford, William B.
Hoban, Thomas J.
Whitehead, John C.

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Abstract

The North Carolina Agriculture Survey was designed to estimate the willingness to pay for agricultural research and extension programs. We find that North Carolina households are willing to pay between $218 and $401 million for food production programs and between $251 and $698 million for water quality programs annually. We find evidence of divergent validity and differences in the willingness to pay estimates from the single-bound and multiple-bound data.

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File URL: http://purl.umn.edu/15294
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Publisher Info
Article provided by Southern Agricultural Economics Association in its journal Journal of Agricultural and Applied Economics.

Volume (Year): 33 (2001)
Issue (Month): 01 (April)
Pages:
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Handle: RePEc:ags:joaaec:15294

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Related research
Keywords: agricultural research and extension programs; contingent valuation; divergent validity; multiple bound questions; single bound questions; Demand and Price Analysis; Research and Development/Tech Change/Emerging Technologies; Teaching/Communication/Extension/Profession;

Cited by:
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  1. John C. Whitehead, 2005. "Improving Willingness to Pay Estimates for Quality Improvements through Joint Estimation with Quality Perceptions," Working Papers 05-09, Department of Economics, Appalachian State University. [Downloadable!]
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This page was last updated on 2009-12-11.

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