The Impact of Invasive Plants on the Recreational Value of Florida's Coastal, Freshwater and Upland Natural Areas
AbstractThis study examines the impact of invasive plants on recreational activities on Floridas coastal, freshwater and upland natural areas using a multi-attribute utility (MAU) model. Six MAU surveys were electronically distributed to Florida residents in early 2007. We specified a conditional Logit model to estimate the relative weights associated with a change in Fees, Invasive Species, Native Animal Species, Native Plant Species, and Facilities. Using Fees as a payment vehicle, we estimate the average Florida residents marginal willingness to pay for changes to attributes, including having fewer invasive plants and more positive attributes such as facilities and the presence of native animal and plant species. Florida residents have a marginal willingness to pay to reduce invasive plant species between $5.81 7.15, which is higher than their willingness to pay to improve park facilities or increase the abundance of native plants or animals.
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Bibliographic InfoPaper provided by American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association) in its series 2007 Annual Meeting, July 29-August 1, 2007, Portland, Oregon TN with number 9801.
Date of creation: 2007
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- Yue, Chengyan & Hurley, Terrance M. & Anderson, Neil O., 2009.
"Do Native and Invasive Labels Affect Consumer Willingness to Pay for Plants? Evidence from Experimental Auctions,"
2009 Annual Meeting, July 26-28, 2009, Milwaukee, Wisconsin
49212, Agricultural and Applied Economics Association.
- Chengyan Yue & Terrance M. Hurley & Neil Anderson, 2011. "Do native and invasive labels affect consumer willingness to pay for plants? Evidence from experimental auctions," Agricultural Economics, International Association of Agricultural Economists, vol. 42(2), pages 195-205, 03.
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