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Exploring nonmarket values for the social impacts of environmental policy change

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  • Berrens, Robert P.
  • Brookshire, David
  • Ganderton, Philip
  • McKee, Mike

Abstract

Although the majority of contingent valuation studies have been for environmental goods, the method can be applied to public goods in general. Further, a specific environmental policy may generate both positive and negative nonmarket values. This exploratory study investigates the presence of nonmarket values for maintaining the status quo land use and avoiding social impacts from an environmental policy change. The test case, grazing reform on federal lands in New Mexico, was chosen because of the complexity of the public debate. By switching the traditional perspective, we demonstrate the need to accommodate multi-dimensionality in nonmarket research into controversial policies.

Suggested Citation

  • Berrens, Robert P. & Brookshire, David & Ganderton, Philip & McKee, Mike, 1998. "Exploring nonmarket values for the social impacts of environmental policy change," Resource and Energy Economics, Elsevier, vol. 20(2), pages 117-137, June.
    • Handle: RePEc:eee:resene:v:20:y:1998:i:2:p:117-137
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    1. Alok Bohara & Joe Kerkvliet & Robert Berrens, 2001. "Addressing Negative Willingness to Pay in Dichotomous Choice Contingent Valuation," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 20(3), pages 173-195, November.
    2. Bandara, Ranjith & Tisdell, Clement A., 2003. "Use and non-use values of wild Asian elephants: A total economic valuation approach," Economics, Ecology and Environment Working Papers 48961, University of Queensland, School of Economics.
    3. Kynda R. Curtis & Klaus Moeltner, 2007. "The effect of consumer risk perceptions on the propensity to purchase genetically modified foods in Romania," Agribusiness, John Wiley & Sons, Ltd., vol. 23(2), pages 263-278.
    4. Jones, Benjamin A. & Berrens, Robert P. & Jenkins-Smith, Hank & Silva, Carol & Ripberger, Joe & Carlson, Deven & Gupta, Kuhika & Wehde, Wesley, 2018. "In search of an inclusive approach: Measuring non-market values for the effects of complex dam, hydroelectric and river system operations," Energy Economics, Elsevier, vol. 69(C), pages 225-236.

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