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Valuing Water Quality Changes At Connecticut Lakes With Contingent Price Data

  • Fishman, Kara J.
  • Leonard, Robert L.
  • Shah, Farhed A.
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    A survey based approach is proposed to augment the property value method when historical information on water quality variation is unavailable. Data from three Connecticut lakes is used to illustrate this approach. The impact of hypothetical water quality changes on recreational and aesthetic values is assessed and analyzed.

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    File URL: http://purl.umn.edu/21568
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    Paper provided by American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association) in its series 1999 Annual meeting, August 8-11, Nashville, TN with number 21568.

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    Date of creation: 1999
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    Handle: RePEc:ags:aaea99:21568
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    1. Leggett, Christopher G. & Bockstael, Nancy E., 1998. "Evidence Of The Effects Of Water Quality On Residential Land Prices," 1998 Annual meeting, August 2-5, Salt Lake City, UT 20919, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    2. Timothy J. Bartik, 2008. "Measuring the Benefits of Amenity Improvements in Hedonic Price Models," Book chapters authored by Upjohn Institute researchers, in: Joseph Herriges & Catherine L. Kling (ed.), Revealed Preference Approaches to Environmental Valuation, volume 0, pages 53-64 W.E. Upjohn Institute for Employment Research.
    3. Jeffrey Englin & Trudy Cameron, 1996. "Augmenting travel cost models with contingent behavior data," Environmental & Resource Economics, European Association of Environmental and Resource Economists, vol. 7(2), pages 133-147, March.
    4. Rosen, Sherwin, 1974. "Hedonic Prices and Implicit Markets: Product Differentiation in Pure Competition," Journal of Political Economy, University of Chicago Press, vol. 82(1), pages 34-55, Jan.-Feb..
    5. Lansford, Notie H., Jr. & Jones, Lonnie L., 1995. "Recreational And Aesthetic Value Of Water Using Hedonic Price Analysis," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 20(02), December.
    6. K. E. McConnell, 1990. "Double Counting in Hedonic and Travel Cost Models," Land Economics, University of Wisconsin Press, vol. 66(2), pages 121-127.
    7. Maler, Karl-Goran, 1977. "A note on the use of property values in estimating marginal willingness to pay for environmental quality," Journal of Environmental Economics and Management, Elsevier, vol. 4(4), pages 355-369, December.
    8. Kelvin J. Lancaster, 1966. "A New Approach to Consumer Theory," Journal of Political Economy, University of Chicago Press, vol. 74, pages 132.
    9. Yoshitsugu Kanemoto, 1985. "Hedonic Prices and the Benefits of Public Projects," Working Papers 617, Queen's University, Department of Economics.
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