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Joint Production and Averting Expenditure Measures of Willingness to Pay: Do Water Expenditures Really Measure Avoidance Costs?

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Author Info
Abrahams, Nil Adote
Hubbell, Bryan J
Jordan, Jeffrey L

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Abstract

A multinomial selection model of averting behavior in response to water contamination risks is estimated for Georgia residents. Measures of non-health related water quality (taste, odor, and appearance) are incorporated into the model to account for joint production of utility and health. The model examines the choice between bottled, filtered tap, and unfiltered tap water. Results of the estimation indicated that perceived risk from tap water, concern about water quality (taste, odor, and appearance of tap water), race, and age are the most important determinants of bottled water selection. Information regarding current or prior problems with tap water, perceived risk from tap water, and income are the most important determinants of water filter selection. Adjusting for quality differences between tap and bottled water, we show that averting costs estimates using bottled water expenditures would lead to an overstatement of avoidance costs by about l2%. Copyright 2000 by American Agricultural Economics Association

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Article provided by American Agricultural Economics Association in its journal American Journal of Agricultural Economics.

Volume (Year): 82 (2000)
Issue (Month): 2 (May)
Pages: 427-37
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Handle: RePEc:bla:ajagec:v:82:y:2000:i:2:p:427-37

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  1. Easter, K. William & Konishi, Yoshifumi & Raggi, Meri & Viaggi, Davide, 2006. "What are the Economic Health Costs of Non-Action in Controlling Toxic Water Pollution?," Conference Papers 6656, University of Minnesota, Center for International Food and Agricultural Policy. [Downloadable!]
  2. Cai, Yongxia & Shaw, W. Douglass & Wu, Ximing, 2008. "Risk Perception and Altruistic Averting Behavior: Removing Arsenic in Drinking Water," 2008 Annual Meeting, July 27-29, 2008, Orlando, Florida 6149, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association). [Downloadable!]
  3. Mirajul Haq & Usman Mustafa & Iftikhar Ahmad, 2007. "Household’s Willingness to Pay for Safe Drinking Water: A Case Study of Abbottabad District," The Pakistan Development Review, Pakistan Institute of Development Economics, vol. 46(4), pages 1137-1153. [Downloadable!]
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  4. Bilgic, Abdulbaki & Eren, Gunes & Florkowski, Wojciech J., 2008. "Willingness to Pay for Potable Water in the Southeastern Turkey: An Application of both Stated and Revealed Preferences Valuation Method," 2008 Annual Meeting, February 2-6, 2008, Dallas, Texas 6755, Southern Agricultural Economics Association. [Downloadable!]
  5. Diane P. Dupont & W.L. Adamowicz & Alan Krupnick, 2009. "Differences in Water Consumption Choices in Canada: the Role of Socio-demographics, Experiences, and Perceptions of Health Risks," Working Papers 0906, Brock University, Department of Economics. [Downloadable!]
  6. Jyotsna Jalan & E.Somanathan & Saraswata Chaudhuri, 2003. "Awareness and the demand for environmental quality: Drinking water in urban India," Indian Statistical Institute, Planning Unit, New Delhi Discussion Papers 03-05, Indian Statistical Institute, New Delhi, India. [Downloadable!]
  7. Tenwalde, Tracy & Jones, Eugene & Hitzhusen, Fred, 2005. "An Economic Analysis of Consumer Expenditures for Safe Drinking Water: Addressing Nitrogen Risk with an Averting Cost Approach," 2005 Annual meeting, July 24-27, Providence, RI 19431, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association). [Downloadable!]
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