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Public Preferences for Hydrogen Buses: Comparing Interval Data, OLS and Quantile Regression Approaches

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  • Tanya O’Garra
  • Susana Mourato

    ()

Abstract

We use a quantile regression (QR) approach to analyse contingent valuation estimates of public willingness to pay (WTP) for the air and noise pollution reductions associated with the introduction of hydrogen buses in London. QR results show that variables that were not significant in interval regression or ordinary least squares regression become significant at certain quantiles along the WTP distribution. In addition, the determinants of WTP at the lower tail of the distribution differ from those at the higher end of the distribution. Our findings illustrate the usefulness of quantile regression methods for analysing contingent valuation data, enhancing our understanding of the determinants of willingness to pay. Copyright Springer Science+Business Media, Inc. 2007

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File URL: http://hdl.handle.net/10.1007/s10640-006-9024-0
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Bibliographic Info

Article provided by European Association of Environmental and Resource Economists in its journal Environmental and Resource Economics.

Volume (Year): 36 (2007)
Issue (Month): 4 (April)
Pages: 389-411

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Handle: RePEc:kap:enreec:v:36:y:2007:i:4:p:389-411

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Web page: http://www.springerlink.com/link.asp?id=100263

Related research

Keywords: contingent valuation; hydrogen; interval data; OLS; quantile regression;

References

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Citations

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Cited by:
  1. Kiran Krishnamurthy, Chandra & Kriström, Bengt, 2013. "Determinants of the price-premium for Green Energy: Evidence from an OECD cross-section," CERE Working Papers 2013:7, CERE - the Center for Environmental and Resource Economics.
  2. repec:hhs:slucer:2014_007 is not listed on IDEAS
  3. Simone Carr-Cornish & Lygia Romanach, 2014. "Differences in Public Perceptions of Geothermal Energy Technology in Australia," Energies, MDPI, Open Access Journal, vol. 7(3), pages 1555-1575, March.
  4. O'Garra, Tanya & Mourato, Susana & Garrity, Lisa & Schmidt, Patrick & Beerenwinkel, Anne & Altmann, Matthias & Hart, David & Graesel, Cornelia & Whitehouse, Simon, 2007. "Is the public willing to pay for hydrogen buses? A comparative study of preferences in four cities," Energy Policy, Elsevier, vol. 35(7), pages 3630-3642, July.
  5. Bigerna, Simona & Polinori, Paolo, 2011. "Italian consumers’ willingness to pay for renewable energy sources," MPRA Paper 34408, University Library of Munich, Germany.
  6. Yetano Roche, María & Mourato, Susana & Fischedick, Manfred & Pietzner, Katja & Viebahn, Peter, 2010. "Public attitudes towards and demand for hydrogen and fuel cell vehicles: A review of the evidence and methodological implications," Energy Policy, Elsevier, vol. 38(10), pages 5301-5310, October.
  7. Pierre-Alexandre Mahieu, 2010. "Does gender matter when using cheap talk in contingent valuation studies?," Economics Bulletin, AccessEcon, vol. 30(4), pages 2955-2961.
  8. Voltaire, Louinord & Pirrone, Claudio & Bailly, Denis, 2013. "Dealing with preference uncertainty in contingent willingness to pay for a nature protection program: A new approach," Ecological Economics, Elsevier, vol. 88(C), pages 76-85.
  9. António Marques & José Fuinhas & José Manso, 2011. "A Quantile Approach to Identify Factors Promoting Renewable Energy in European Countries," Environmental & Resource Economics, European Association of Environmental and Resource Economists, vol. 49(3), pages 351-366, July.
  10. Jason Cook & James McDonald, 2013. "Partially Adaptive Estimation of Interval Censored Regression Models," Computational Economics, Society for Computational Economics, vol. 42(1), pages 119-131, June.

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