Willingness to Pay for Land Preservation across States and Jurisdictional Scale: Implications for Benefit Transfer
AbstractIn stated preference valuation of farmland preservation, respondents are often told that preservation will occur within various jurisdictional scales—that is, community or state—but are not told the specific location of parcels. The resultant availability of welfare estimates for different scales and regions provides numerous avenues for benefit transfer. This paper provides a systematic assessment of transfer error, contrasting different methods for the transfer of farmland preservation values across states and jurisdictional scales. Results drawn from multistate choice experiments suggest that the choice of across scale versus across state transfer method can have significant implications for transfer validity.
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Bibliographic InfoArticle provided by University of Wisconsin Press in its journal Land Economics.
Volume (Year): 85 (2009)
Issue (Month): 2 ()
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Web page: http://le.uwpress.org/
Find related papers by JEL classification:
- Q24 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Land
- Q51 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Valuation of Environmental Effects
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- Klaus Moeltner & Robert J. Johnston & Randall S. Rosenberger, 2009.
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