Stated Preferences And Length Of Residency In Rural Communities: Are Development And Conservation Values Heterogeneous?

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Stated Preferences And Length Of Residency In Rural Communities: Are Development And Conservation Values Heterogeneous?

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Johnston, Robert J.
Swallow, Stephen K.
Bauer, Dana Marie

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Robert J. Johnston

Abstract

Newer residents of rural, urban-fringe communities are often assumed to have preferences for the development and conservation of rural lands that differ from those of longer-term residents. The existing literature offers little to verify or quantify presumed preference shifts. This paper provides a systematic, quantitative examination of whether stated preferences for development and conservation tradeoffs differ according to length of residency in a rural community, and explores implications of these findings for assumptions regarding development and conservation preferences. Results are based on stated preferences estimated from a multi-attribute contingent choice survey of Rhode Island rural residents. Heterogeneity-according to length of town residency-is incorporated using Lagrangian Interpolation Polynomials. This approach models the influence of policy attributes as a polynomial function of residence time, thereby allowing estimated coefficient values to vary as a continuous function of residence duration.

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Paper provided by American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association) in its series 2002 Annual meeting, July 28-31, Long Beach, CA with number 19683.

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Date of creation: 2002
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Handle: RePEc:ags:aaea02:19683

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