IDEAS home Printed from https://ideas.repec.org/p/ags/saeatm/35195.html
   My bibliography  Save this paper

Use Of Chamberlain Fixed Effects Approach To Estimate Willingness-To-Pay For Little Tennessee River Basin Management Alternatives

Author

Listed:
  • Bergstrom, John C.
  • Holmes, Thomas P.
  • Huszar, Eric
  • Kask, Susan B.
  • Volinskiy, Dmitriy

Abstract

The paper discusses an application of Chamberlain's fixed effects model to contingent valuation method survey data obtained for eight management alternatives for the Little Tennessee River basin. The advantages of using this approach versus cross-sectional logit, pooled logit, and cross-sectional logit with lags are discussed and a technique to obtain willingness-to-pay estimates from estimated coefficients is offered. Drawbacks of using Chamberlain's fixed effects model, difficulties encountered, and directions for further research are presented.

Suggested Citation

  • Bergstrom, John C. & Holmes, Thomas P. & Huszar, Eric & Kask, Susan B. & Volinskiy, Dmitriy, 2003. "Use Of Chamberlain Fixed Effects Approach To Estimate Willingness-To-Pay For Little Tennessee River Basin Management Alternatives," 2003 Annual Meeting, February 1-5, 2003, Mobile, Alabama 35195, Southern Agricultural Economics Association.
  • Handle: RePEc:ags:saeatm:35195
    as

    Download full text from publisher

    File URL: http://purl.umn.edu/35195
    Download Restriction: no

    References listed on IDEAS

    as
    1. Hsiao, C., 1992. "Logit and Probit Models," Papers 9210, Southern California - Department of Economics.
    Full references (including those not matched with items on IDEAS)

    More about this item

    Keywords

    Environmental Economics and Policy;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ags:saeatm:35195. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (AgEcon Search). General contact details of provider: http://edirc.repec.org/data/saeaaea.html .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.