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A Box-Cox Double-Hurdle model of wildlife valuation: The citizen's perspective

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  • Martinez-Espineira, Roberto

Abstract

A stated-preference approach is used to elicit the attitudes of the general public towards coyotes conservation. The payment vehicle is presented in a way that explicitly prompts individuals to adopt a citizen perspective, rather than a consumer perspective, when responding to the survey. To deal with the large numbers of zero responses, a Box- Cox Double Hurdle specification is used to model separately individuals’ choices about whether to support conservation or not and their choice about the degree of support. The results show that simpler analyses that do not account explicitly for this two different decisions would lead to misleading conclusions in the study of nuisance wildlife. The study uses a survey conducted in Prince Edward Island (Canada).

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Bibliographic Info

Article provided by Elsevier in its journal Ecological Economics.

Volume (Year): 58 (2006)
Issue (Month): 1 (June)
Pages: 192-208

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Handle: RePEc:eee:ecolec:v:58:y:2006:i:1:p:192-208

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  1. Jones, Andrew M, 1989. "A Double-Hurdle Model of Cigarette Consumption," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 4(1), pages 23-39, Jan.-Mar..
  2. Andrew Jones & Steven Yen, 1994. "A box-cox double hurdle model," IFS Working Papers W94/06, Institute for Fiscal Studies.
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  4. Jensen, Helen H. & Yen, Steven, 1996. "U.S. Food Expenditures Away from Home by Type of Meal," Staff General Research Papers 922, Iowa State University, Department of Economics.
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  8. Kristin Jakobsson & Andrew Dragun, 2001. "The Worth of a Possum: Valuing Species with the Contingent Valuation Method," Environmental & Resource Economics, European Association of Environmental and Resource Economists, vol. 19(3), pages 211-227, July.
  9. Angulo, Ana Maria & Gil, Jose Maria & Gracia, Azucena, 2001. "The demand for alcoholic beverages in Spain," Agricultural Economics, Blackwell, vol. 26(1), pages 71-83, October.
  10. Jorgensen, Bradley S. & Wilson, Mathew A. & Heberlein, Thomas A., 2001. "Fairness in the contingent valuation of environmental public goods: attitude toward paying for environmental improvements at two levels of scope," Ecological Economics, Elsevier, vol. 36(1), pages 133-148, January.
  11. Blamey, Russell, 1998. "Contingent valuation and the activation of environmental norms," Ecological Economics, Elsevier, vol. 24(1), pages 47-72, January.
  12. Loomis, John B. & White, Douglas S., 1996. "Economic benefits of rare and endangered species: summary and meta-analysis," Ecological Economics, Elsevier, vol. 18(3), pages 197-206, September.
  13. W. Michael Hanemann, 1994. "Valuing the Environment through Contingent Valuation," Journal of Economic Perspectives, American Economic Association, vol. 8(4), pages 19-43, Fall.
  14. David S. Brookshire & Larry S. Eubanks & Alan Randall, 1983. "Estimating Option Prices and Existence Values for Wildlife Resources," Land Economics, University of Wisconsin Press, vol. 59(1), pages 1-15.
  15. Bengt Kristr�m, 1997. "Spike Models in Contingent Valuation," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 79(3), pages 1013-1023.
  16. M. Common & I. Reid & R. Blamey, 1997. "Do existence values for cost benefit analysis exist?," Environmental & Resource Economics, European Association of Environmental and Resource Economists, vol. 9(2), pages 225-238, March.
  17. Ian Langford* & Areti Kontogianni & Mihalis Skourtos & Stavros Georgiou & Ian Bateman, 1998. "Multivariate Mixed Models for Open-Ended Contingent Valuation Data: Willingness To Pay For Conservation of Monk Seals," Environmental & Resource Economics, European Association of Environmental and Resource Economists, vol. 12(4), pages 443-456, December.
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Cited by:
  1. Keelan, Conor D. & Henchion, Maeve M. & Newman, Carol F., 2006. "A double-hurdle model of Irish households' foodservice expenditure patterns," 98th Seminar, June 29-July 2, 2006, Chania, Crete, Greece 10083, European Association of Agricultural Economists.
  2. Mishra, Ashok K. & Chang, Hung-Hao, 2011. "Tax-Deferred Retirement Savings of Farm Households: An Empirical Investigation," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 36(1), April.
  3. Mishra, Ashok K. & Williams, Robert P. & Detre, Joshua D., 2009. "Internet Access and Internet Purchasing Patterns of Farm Households," Agricultural and Resource Economics Review, Northeastern Agricultural and Resource Economics Association, vol. 38(2), October.

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