Effects of distance on non-use values
A Choice Modelling (CM) experiment is designed to analyze the relation between Non-Use Values (NUVs) and distance. This issue is relevant in environmental valuation as it can help to identify the relevant market for a given environmental asset and improve individual benefit estimates. The CM experiment extends the literature by designing the environmental attributes so that NUV changes can be disentangled from Use Value (UV) changes. The experiment also allows for a flexible specification of the distance covariates. Data are obtained from a geographically representative sample. We find that NUVs do not depend on distance. Aggregation of NUVs is based on income and individuals’ environmental attitudes.
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"Contingent Valuation: Controversies and Evidence,"
University of California at San Diego, Economics Working Paper Series
qt75k752s7, Department of Economics, UC San Diego.
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- Ronald Cummings & Glenn Harrison, 1995. "The measurement and decomposition of nonuse values: A critical review," Environmental & Resource Economics, European Association of Environmental and Resource Economists, vol. 5(3), pages 225-247, April.
- Mark Morrison & Jeff Bennett & Russell Blamey & Jordan Louviere, 2002. "Choice Modeling and Tests of Benefit Transfer," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 84(1), pages 161-170.
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- Garrod, G. D. & Willis, K. G., 1997. "The non-use benefits of enhancing forest biodiversity: A contingent ranking study," Ecological Economics, Elsevier, vol. 21(1), pages 45-61, April.
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