Stated environmental preferences in a Romanian rural community
This article uses random utility theory to analyse the economic and environmental trade-offs at farm level in a Romanian rural area confronting water pollution on the basis of survey data. To underline the impact of socio-economic variables in the decision-making process at farm level as regards environmental choices, a binary logit model is estimated that includes socio-economic variables in addition to the attributes in the choice set. The study shows that heterogeneity in tastes is partially captured by the inclusion of socio-economic variables such as age, education, access to agri-environmental information, number of children, land ownership and investment behaviour.
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Volume (Year): 16 (2004)
Issue (Month): 2 ()
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