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Systematic Variation in Willingness to Pay for Agricultural Land Preservation and Implications for Benefit Transfer: A Meta-Analysis

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Author Info
Kukielka, Jessica B.
Johnston, Robert J.
Duke, Joshua M.

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Abstract

Despite prior studies examining willingness to pay for farmland preservation there has been no quantitative, systematic analysis of findings across the literature. This paper presents the first statistical meta-analysis of farmland preservation values. Results confirm systematic variations in willingness to pay, with value surfaces corresponding to theoretical expectations. Findings also provide significant insight into the potential for valid meta-analytic, function based benefit transfer. Results suggest, for example, that transfer validity is critically dependent on jurisdictional scale. Transfer errors are modest for community scale farmland preservation, but large for state scale preservation policies in which per acre welfare estimates are small.

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Publisher Info
Paper provided by American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association) in its series 2008 Annual Meeting, July 27-29, 2008, Orlando, Florida with number 6121.

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Date of creation: 2008
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Handle: RePEc:ags:aaea08:6121

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Related research
Keywords: Land Economics/Use;

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References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
  1. Robert J. Johnston & Joshua M. Duke, 2007. "Willingness to Pay for Agricultural Land Preservation and Policy Process Attributes: Does the Method Matter?," American Journal of Agricultural Economics, American Agricultural Economics Association, vol. 89(4), pages 1098-1115, November. [Downloadable!] (restricted)
  2. Robert Johnston, 2007. "Choice experiments, site similarity and benefits transfer," Environmental & Resource Economics, European Association of Environmental and Resource Economists, vol. 38(3), pages 331-351, November. [Downloadable!] (restricted)
  3. Rosenberger, Randall S. & Stanley, Tom D., 2006. "Measurement, generalization, and publication: Sources of error in benefit transfers and their management," Ecological Economics, Elsevier, vol. 60(2), pages 372-378, December. [Downloadable!] (restricted)
  4. Johnston, Robert J. & Besedin, Elena Y. & Ranson, Matthew H., 2006. "Characterizing the effects of valuation methodology in function-based benefits transfer," Ecological Economics, Elsevier, vol. 60(2), pages 407-419, December. [Downloadable!] (restricted)
  5. Yong Jiang & Stephen Swallow & Michael Mcgonagle, 2005. "Context-Sensitive Benefit Transfer Using Stated Choice Models: Specification and Convergent Validity for Policy Analysis," Environmental & Resource Economics, European Association of Environmental and Resource Economists, vol. 31(4), pages 477-499, 08. [Downloadable!] (restricted)
  6. Ryan Stapler & Robert Johnston, 2009. "Meta-Analysis, Benefit Transfer, and Methodological Covariates: Implications for Transfer Error," Environmental & Resource Economics, European Association of Environmental and Resource Economists, vol. 42(2), pages 227-246, February. [Downloadable!] (restricted)
  7. Moeltner, Klaus & Boyle, Kevin J. & Paterson, Robert W., 2007. "Meta-analysis and benefit transfer for resource valuation-addressing classical challenges with Bayesian modeling," Journal of Environmental Economics and Management, Elsevier, vol. 53(2), pages 250-269, March. [Downloadable!] (restricted)
  8. V. Kerry Smith & George Van Houtven & Subhrendu K. Pattanayak, 2002. "Benefit Transfer via Preference Calibration: "Prudential Algebra" for Policy," Land Economics, University of Wisconsin Press, vol. 78(1), pages 132-152. [Downloadable!] (restricted)
  9. Boxall, Peter C. & Adamowicz, Wiktor L. & Swait, Joffre & Williams, Michael & Louviere, Jordan, 1996. "A comparison of stated preference methods for environmental valuation," Ecological Economics, Elsevier, vol. 18(3), pages 243-253, September. [Downloadable!] (restricted)
  10. repec:bep:eapcon:v:5:y:2006:i:1:p:1430-1430 is not listed on IDEAS
  11. Michael P. McGonagle & Stephen K. Swallow, 2005. "Open Space and Public Access: A Contingent Choice Application to Coastal Preservation," Land Economics, University of Wisconsin Press, vol. 81(4). [Downloadable!] (restricted)
  12. Bergstrom, John C. & Taylor, Laura O., 2006. "Using meta-analysis for benefits transfer: Theory and practice," Ecological Economics, Elsevier, vol. 60(2), pages 351-360, December. [Downloadable!] (restricted)
    Other versions:
  13. Johnston, Robert J. & Ranson, Matthew H. & Besedin, Elena Y. & Helm, Erik C., 2006. "What Determines Willingness to Pay per Fish? A Meta-Analysis of Recreational Fishing Values," Marine Resource Economics, Marine Resources Foundation, vol. 21(1). [Downloadable!]
  14. Smith, V. Kerry & Van Houtven, George & Pattanayak, Subhrendu, 1999. "Benefit Transfer as Preference Calibration," Discussion Papers dp-99-36, Resources For the Future. [Downloadable!]
  15. Morrison, Mark & Bergland, Olvar, 2006. "Prospects for the use of choice modelling for benefit transfer," Ecological Economics, Elsevier, vol. 60(2), pages 420-428, December. [Downloadable!] (restricted)
  16. Robert J. Johnston & Elena Y. Besedin & Richard Iovanna & Christopher J. Miller & Ryan F. Wardwell & Matthew H. Ranson, 2005. "Systematic Variation in Willingness to Pay for Aquatic Resource Improvements and Implications for Benefit Transfer: A Meta-Analysis," Canadian Journal of Agricultural Economics/Revue canadienne d'agroeconomie, Canadian Agricultural Economics Society/Societe canadienne d'agroeconomie, vol. 53(2-3), pages 221-248, 06. [Downloadable!] (restricted)
  17. V. Smith & Subhrendu Pattanayak, 2002. "Is Meta-Analysis a Noah's Ark for Non-Market Valuation?," Environmental & Resource Economics, European Association of Environmental and Resource Economists, vol. 22(1), pages 271-296, June. [Downloadable!] (restricted)
  18. Layton, David F., 2000. "Random Coefficient Models for Stated Preference Surveys," Journal of Environmental Economics and Management, Elsevier, vol. 40(1), pages 21-36, July. [Downloadable!] (restricted)
  19. Duke, Joshua M. & Ilvento, Thomas W. & Hyde, Rhonda A., 2002. "Public Support For Land Preservation: Measuring Relative Preferences In Delaware," Research Reports 15815, University of Delaware, Department of Food and Resource Economics. [Downloadable!]
  20. Robert J. Johnston & Joshua M. Duke, 2009. "Willingness to Pay for Land Preservation across States and Jurisdictional Scale: Implications for Benefit Transfer," Land Economics, University of Wisconsin Press, vol. 85(2), pages 217-237. [Downloadable!] (restricted)
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