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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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  • Kukielka, Jessica B.
  • Johnston, Robert J.
  • Duke, Joshua M.

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.

Suggested Citation

  • Kukielka, Jessica B. & Johnston, Robert J. & Duke, Joshua M., 2008. "Systematic Variation in Willingness to Pay for Agricultural Land Preservation and Implications for Benefit Transfer: A Meta-Analysis," 2008 Annual Meeting, July 27-29, 2008, Orlando, Florida 6121, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
  • Handle: RePEc:ags:aaea08:6121
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    File URL: http://purl.umn.edu/6121
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    References listed on IDEAS

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    Cited by:

    1. Dayton Lambert & Christopher Clark & Michael Wilcox & Seong-Hoon Cho, 2011. "Distance, density, local amenities, and suburban development preferences in a rapidly growing East Tennessee county," Agriculture and Human Values, Springer;The Agriculture, Food, & Human Values Society (AFHVS), vol. 28(4), pages 519-532, December.
    2. Liu, Shuang & Stern, David I., 2008. "A Meta-Analysis of Contingent Valuation Studies in Coastal and Near-Shore Marine Ecosystems," MPRA Paper 11608, University Library of Munich, Germany.
    3. Klaus Moeltner & Robert J. Johnston & Randall S. Rosenberger & Joshua M. Duke, 2009. "Benefit Transfer from Multiple Contingent Experiments: A Flexible Two-Step Model Combining Individual Choice Data with Community Characteristics," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 91(5), pages 1335-1342.
    4. Daniel A. Brent & Lata Gangadharan & Allison Lassiter & Anke Leroux & Paul A. Raschky, 2016. "Valuing Environmental Services Provided by LocalStormwater Management," Monash Economics Working Papers 35-16, Monash University, Department of Economics.

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