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Willingness to Pay for Agricultural Land Preservation and Policy Process Attributes: Does the Method Matter?

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Author Info
Robert J. Johnston
Joshua M. Duke

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Abstract

This article examines relationships between willingness to pay for land preservation and policy process attributes. The approach departs from traditional welfare assessments in that it does not constrain attributes of the policy process to be utility-neutral. Results indicate policy process attributes may influence utility in some circumstances, even after controlling for the influence of land use outcomes often correlated with specific policy techniques. Results further imply that in some cases, even comprehensive specification of land use outcomes by stated preference instruments may be insufficient to prevent systematic shifts in willingness to pay related to unspecified, yet assumed, policy process attributes. Copyright 2007 American Agricultural Economics Association.

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

Volume (Year): 89 (2007)
Issue (Month): 4 (November)
Pages: 1098-1115
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Handle: RePEc:bla:ajagec:v:89:y:2007:i:4:p:1098-1115

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  1. Johnston, Robert J. & Duke, Joshua M. & Kukielka, Jessica G., 2008. "Optimizing Farmland Preservation Choices Across Communities and Jurisdictional Scales: To What Extent are Amenity Values and Selection Criteria Transferable?," 2008 Annual Meeting, July 27-29, 2008, Orlando, Florida 6243, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association). [Downloadable!]
  2. McCartney, Abbie, 2009. "The Policy Relevance of Choice Modelling: An Application to the Ningaloo and Proposed Capes Marine Parks," 2009 Conference (53rd), February 11-13, 2009, Cairns, Australia 48033, Australian Agricultural and Resource Economics Society. [Downloadable!]
  3. Catalina M. Torres Figuerola & Antoni Riera Font, 2009. "Defining environmental attributes as external costs in choice experiments: A discussion," CRE Working Papers (Documents de treball del CRE) 2009/1, Centre de Recerca Econòmica (UIB ·"Sa Nostra"). [Downloadable!]
  4. Kukielka, Jessica B. & Johnston, Robert J. & Duke, Joshua M., 2008. "Systematic Variation in Willingness to Pay for Agricultural Land Preservation and Implications for Benefit Transfer: A Meta-Analysis," 2008 Annual Meeting, July 27-29, 2008, Orlando, Florida 6121, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association). [Downloadable!]
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