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.
|Date of creation:||2004|
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- GB. Concu, 2004. "A choice modelling approach to investigate biases in individual and aggregated benefit estimates due to omission of distance," Working Paper CRENoS 200412, Centre for North South Economic Research, University of Cagliari and Sassari, Sardinia.
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