Public Funding of Environmental Amenities: Contingent Choices Using New Taxes or Existing Revenues for Coastal Land Conservation
AbstractAlternative funding approaches affect stated preferences. An individual’s willingness to reallocate existing tax dollars exceeds willingness to pay new taxes to conserve land. However, stated preferences also imply a non-zero opportunity cost to existing tax dollars; different income groups reveal statistically equivalent marginal utilities both for income and for reallocating tax dollars. Yet individuals with lower income show a relatively larger increase in their willingness to support land conservation, when the choice shifts from new taxes to reallocation of existing tax dollars. The paper encourages consideration of equity implications that may be obscured when analysts focus on willingness to pay.
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 University of Wisconsin Press in its journal Land Economics.
Volume (Year): 82 (2006)
Issue (Month): 1 ()
Contact details of provider:
Web page: http://le.uwpress.org/
Find related papers by JEL classification:
- Q58 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environmental Economics: Government Policy
- Q51 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Valuation of Environmental Effects
You can help add them by filling out this form.
CitEc Project, subscribe to its RSS feed for this item.
- Dmitriy Volinskiy & Michele Veeman & Wiktor Adamowicz, 2011. "Allocation of public funds to R&D: a portfolio choice-styled decision model and a biotechnology case study," Decisions in Economics and Finance, Springer, vol. 34(2), pages 121-139, November.
- Wilson, Amanda, 2010. "Coastal planning in North Shore City, New Zealand: Developing responsible coastal erosion policy," 2010 Conference (54th), February 10-12, 2010, Adelaide, Australia 59260, Australian Agricultural and Resource Economics Society.
- Bell, Brian A. & Menzies, Sharon & Yap, Michael & Kerr, Geoffrey N., 2008. "Assessing the marginal dollar value losses to an estuarine ecosystem from an aggressive alien invasive crab," 2008 Conference (52nd), February 5-8, 2008, Canberra, Australia 5978, Australian Agricultural and Resource Economics Society.
- Abbie McCartney & Jonelle Cleland, 2010.
"Choice Experiment Framing and Incentive Compatibility: observations from public focus groups,"
Environmental Economics Research Hub Research Reports
1076, Environmental Economics Research Hub, Crawford School of Public Policy, The Australian National University.
- McCartney, Abbie & Cleland, Jonelle, 2010. "Choice Experiment Framing and Incentive Compatibility: observations from public focus groups," Research Reports 107575, Australian National University, Environmental Economics Research Hub.
- Burton, Michael & Jasmine Zahedi, Shegufa & White, Ben, 2012. "Public preferences for timeliness and quality of mine site rehabilitation. The case of bauxite mining in Western Australia," Resources Policy, Elsevier, vol. 37(1), pages 1-9.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: ().
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.