Assessing holistic economic value for multifunctional agriculture in the US
AbstractThis study used contingent valuation method to shed light on public preferences on the multifunctional roles of the US agriculture and to present a holistic estimate of the economic value of the nonmarket goods and services of US agriculture. Contingent valuation survey instrument was administered to a sample composed from the Ipsos web-based panel. Fishbein's model of reasoned behavior and mediation hypothesis were combined to model the relationship between WTP (behavioral intentions) and sets of explanatory variables including attitudes, perceived attributes (about family farms, farmland preservation programs, government involvement in agricultural markets, and ecological state of our world), and socio-demographic profiles. Results show that, while exerting a highly significant impact on WTP, attitudes mediate the effects of the attribute variables on WTP: i.e., the attributes influence WTP directly as well as indirectly through attitudes. The estimated mean WTP was $515 per taxpayer annually. Aggregating individual WTPs across the US taxpayers above 20Â years old produces $105 billion, representing a crude estimate of the economic value that the US consumers place on the multifunctional roles of US agriculture.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
Bibliographic InfoArticle provided by Elsevier in its journal Food Policy.
Volume (Year): 36 (2011)
Issue (Month): 4 (August)
Contact details of provider:
Web page: http://www.elsevier.com/locate/foodpol
Valuation of Multifunctional Agriculture Willingness to pay Contingent valuation WTO trade rules Nonmarket valuation Mediation hypothesis;
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Thomas L. Dobbs & Jules N. Pretty, 2004. "Agri-Environmental Stewardship Schemes and “Multifunctionality”," Review of Agricultural Economics, Agricultural and Applied Economics Association, vol. 26(2), pages 220-237.
- John C. Bergstrom & Richard C. Ready, 2009. "What Have We Learned from Over 20 Years of Farmland Amenity Valuation Research in North America?," Review of Agricultural Economics, Agricultural and Applied Economics Association, vol. 31(1), pages 21-49.
- John Loomis & Armando Gonzalez-Caban & Robin Gregory, 1994. "Do Reminders of Substitutes and Budget Constraints Influence Contingent Valuation Estimates?," Land Economics, University of Wisconsin Press, vol. 70(4), pages 499-506.
- Alan Randall, 2002. "Valuing the outputs of multifunctional agriculture," European Review of Agricultural Economics, Foundation for the European Review of Agricultural Economics, vol. 29(3), pages 289-307, July.
- Batie, Sandra S., 2003. "The Multifunctional Attributes of Northeastern Agriculture: A Research Agenda," Agricultural and Resource Economics Review, Northeastern Agricultural and Resource Economics Association, vol. 32(1), April.
- Brouwer, Roy & Slangen, Louis H G, 1998. "Contingent Valuation of the Public Benefits of Agricultural Wildlife Management: The Case of Dutch Peat Meadow Land," European Review of Agricultural Economics, Foundation for the European Review of Agricultural Economics, vol. 25(1), pages 53-72.
- Hudson, Darren & Rosson, C. Parr, III & Robinson, John R.C. & Malaga, Jaime E., 2005. "The WTO Cotton Case and US Domestic Policy," Choices, Agricultural and Applied Economics Association, vol. 20(2).
- Holmes Thomas P. & Kramer Randall A., 1995. "An Independent Sample Test of Yea-Saying and Starting Point Bias in Dichotomous-Choice Contingent Valuation," Journal of Environmental Economics and Management, Elsevier, vol. 29(1), pages 121-132, July.
- Khan, M. & Matsusaka, J.G., 1995.
"Demand for Environment Goods: Evidence from Voting Patterns on California Initiatives,"
1995_08, Columbia University, Department of Economics.
- Kahn, Matthew E & Matsusaka, John G, 1997. "Demand for Environmental Goods: Evidence from Voting Patterns on California Initiatives," Journal of Law and Economics, University of Chicago Press, vol. 40(1), pages 137-73, April.
- Jeff Bennett & Martin van Bueren & Stuart Whitten, 2004.
"Estimating society's willingness to pay to maintain viable rural communities,"
Australian Journal of Agricultural and Resource Economics,
Australian Agricultural and Resource Economics Society, vol. 48(3), pages 487-512, 09.
- Bennett, Jeffrey W. & van Bueren, Martin & Whitten, Stuart M., 2004. "Estimating society's willingness to pay to maintain viable rural communities," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 48(3), September.
- Kotchen, Matthew J. & Reiling, Stephen D., 2000. "Environmental attitudes, motivations, and contingent valuation of nonuse values: a case study involving endangered species," Ecological Economics, Elsevier, vol. 32(1), pages 93-107, January.
- Jeffrey Kline & Dennis Wichelns, 1994. "Using Referendum Data to Characterize Public Support for Purchasing Development Rights to Farmland," Land Economics, University of Wisconsin Press, vol. 70(2), pages 223-233.
- Zein Kallas & José A. Gómez-Limón & Manuel Arriaza, 2007.
"Are citizens willing to pay for agricultural multifunctionality?,"
International Association of Agricultural Economists, vol. 36(3), pages 405-419, 05.
- Kallas, Zein & Gomez-Limon, Jose Antonio & Arriaza Balmon, Manuel, 2006. "Are Citizens Willing to Pay for Agricultural Multifunctionality?," 2006 Annual Meeting, August 12-18, 2006, Queensland, Australia 25476, International Association of Agricultural Economists.
- Antle, John M. & Valdivia, Roberto O., 2006. "Modelling the supply of ecosystem services from agriculture: a minimum-data approach," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 50(1), March.
- Peter Rosset, 2000. "The Multiple Functions and Benefits of Small Farm Agriculture in the Context of Global Trade Negotiations," Development, Palgrave Macmillan, vol. 43(2), pages 77-82, June.
- Zein Kallas & José A. Gómez-Limón & Jes�s Barreiro Hurlé, 2007. "Decomposing the Value of Agricultural Multifunctionality: Combining Contingent Valuation and the Analytical Hierarchy Process," Journal of Agricultural Economics, Wiley Blackwell, vol. 58(2), pages 218-241, 06.
- Thomas C. Brown & Patricia A. Champ & Richard C. Bishop & Daniel W. McCollum, 1996. "Which Response Format Reveals the Truth about Donations to a Public Good?," Land Economics, University of Wisconsin Press, vol. 72(2), pages 152-166.
- Wanki Moon & Siva K. Balasubramanian, 2004. "Public Attitudes toward Agrobiotechnology: The Mediating Role of Risk Perceptions on the Impact of Trust, Awareness, and Outrage," Review of Agricultural Economics, Agricultural and Applied Economics Association, vol. 26(2), pages 186-208.
- R. K. Blamey & J. W. Bennett & M. D. Morrison, 1999. "Yea-Saying in Contingent Valuation Surveys," Land Economics, University of Wisconsin Press, vol. 75(1), pages 126-141.
- Arild Vatn, 2002. "Multifunctional agriculture: some consequences for international trade regimes," European Review of Agricultural Economics, Foundation for the European Review of Agricultural Economics, vol. 29(3), pages 309-327, July.
- Hoehn, John P & Randall, Alan, 1989. "Too Many Proposals Pass the Benefit Cost Test," American Economic Review, American Economic Association, vol. 79(3), pages 544-51, June.
- John M. Antle & Jetse J. Stoorvogel, 2006. "Predicting the Supply of Ecosystem Services from Agriculture," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 88(5), pages 1174-1180.
- Yuan, Yuan & Boyle, Kevin J. & You, Wen & Fuller, Harry M., 2012. "A Nationwide Comparison of Farmland Conservation Easement Valuation," 2012 Annual Meeting, August 12-14, 2012, Seattle, Washington 124836, Agricultural and Applied Economics Association.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Wendy Shamier).
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.