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Valuation of Water Quality in Livestock Regions: An Application to Rural Watersheds in Iowa

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Author Info

  • Hurley, Terrance M.
  • Otto, Daniel
  • Holtkamp, Janice

Abstract

This paper investigates rural residents' perceptions of the risk to water quality from large confinement facilities and their willingness to pay to delay nitrate contamination from these facilities. Rural residents are concerned about the environmental impact of confinement facilities and are willing to pay as much as $82 annually to delay nitrate contamination in their water for 20 years. These contingent valuation results are consistent with the result obtained in similar studies that used hedonic valuation methods.

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Bibliographic Info

Paper provided by Iowa State University, Department of Economics in its series Staff General Research Papers with number 5151.

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Date of creation: 01 Jan 1999
Date of revision:
Publication status: Published in Journal of Agricultural and Applied Economics, Spring 1999,
Handle: RePEc:isu:genres:5151

Contact details of provider:
Postal: Iowa State University, Dept. of Economics, 260 Heady Hall, Ames, IA 50011-1070
Phone: +1 515.294.6741
Fax: +1 515.294.0221
Email:
Web page: http://www.econ.iastate.edu
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References

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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.:
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  1. W. Michael Hanemann, 1994. "Valuing the Environment through Contingent Valuation," Journal of Economic Perspectives, American Economic Association, vol. 8(4), pages 19-43, Fall.
  2. Herriges, Joseph A. & Shogren, Jason F., 1996. "Starting Point Bias in Dichotomous Choice Valuation with Follow-Up Questioning," Journal of Environmental Economics and Management, Elsevier, vol. 30(1), pages 112-131, January.
  3. Kevin J. Boyle & Richard C. Bishop & Michael P. Welsh, 1985. "Starting Point Bias in Contingent Valuation Bidding Games," Land Economics, University of Wisconsin Press, vol. 62(2), pages 188-194.
  4. Peter A. Diamond & Jerry A. Hausman, 1994. "Contingent Valuation: Is Some Number Better than No Number?," Journal of Economic Perspectives, American Economic Association, vol. 8(4), pages 45-64, Fall.
  5. Dermot J. Hayes & Daniel M. Otto & John D. Lawrence, 1996. "Pork Production in Iowa: An Industry at a Crossroads," Food and Agricultural Policy Research Institute (FAPRI) Publications 96-bp10, Food and Agricultural Policy Research Institute (FAPRI) at Iowa State University.
  6. Paul R. Portney, 1994. "The Contingent Valuation Debate: Why Economists Should Care," Journal of Economic Perspectives, American Economic Association, vol. 8(4), pages 3-17, Fall.
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Cited by:
  1. John C. Whitehead, 2005. "Improving Willingness to Pay Estimates for Quality Improvements Throught Joint Estimation with Quality Perceptions," NCEE Working Paper Series 200508, National Center for Environmental Economics, U.S. Environmental Protection Agency, revised Aug 2005.
  2. Eduardo Beamonte Córdoba & José D. Bermúdez Edo & Alejandro Casino Martínez & Ernesto J. Veres Ferrer, 2007. "Medición de la calidad del agua del trasvase del Ebro (tramo Castellón-Mijares): valoración del coste económico asociado a la adecuación de calidades/Water Quality Measurement in the Ebro Transfe," Estudios de Economía Aplicada, Estudios de Economía Aplicada, vol. 25, pages 573-586, Abril.
  3. D'Souza, Gerard E. & Collins, Alan R. & Benson, Matt & Borisova, Tatiana, 2006. "Differences among Watershed Sub-Populations in Willingness to Pay for Water Quality Improvements: The Impact of TMDL Development," 2006 Annual meeting, July 23-26, Long Beach, CA 21195, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).

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