A Box-Cox double-hurdle model of wildlife valuation: the citizen’s perspective
AbstractA stated-preference approach is used to elicit the attitudes of the general public towards coyotes conservation. The payment vehicle is presented in a way that explicitly prompts individuals to adopt a citizen perspective, rather than a consumer perspective, when responding to the survey. To deal with the large numbers of zero responses, a Box- Cox Double Hurdle specification is used to model separately individuals’ choices about whether to support conservation or not and their choice about the degree of support. The results show that simpler analyses that do not account explicitly for this two different decisions would lead to misleading conclusions in the study of nuisance wildlife. The study uses a survey conducted in Prince Edward Island (Canada).
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Bibliographic InfoPaper provided by EconWPA in its series Others with number 0410003.
Length: 34 pages
Date of creation: 03 Oct 2004
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Note: Type of Document - pdf; pages: 34
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Coyotes; wildlife valuation; citizen versus consumer preferences; paymentvehicle; Box-Cox; double hurdle time-series; co- integration; Error Correction Model.;
Other versions of this item:
- Martinez-Espineira, Roberto, 2006. "A Box-Cox Double-Hurdle model of wildlife valuation: The citizen's perspective," Ecological Economics, Elsevier, vol. 58(1), pages 192-208, June.
- Q20 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - General
- Q26 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Recreational Aspects of Natural Resources
This paper has been announced in the following NEP Reports:
- NEP-ALL-2004-10-18 (All new papers)
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