Valuation of Water Quality in Livestock Regions: An Application to Rural Watersheds in Iowa
This paper investigates rural residents' perceptions of the risk to water quality from large confinement facilities and their willingness to pay to delay nitrate contamination from these facilities. Rural residents are concerned about the environmental impact of confinement facilities and are willing to pay as much as $82 annually to delay nitrate contamination in their water for 20 years. These contingent valuation results are consistent with the result obtained in similar studies that used hedonic valuation methods.
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|Date of creation:||01 Jan 1999|
|Date of revision:|
|Publication status:||Published in Journal of Agricultural and Applied Economics, Spring 1999,|
|Contact details of provider:|| Postal: Iowa State University, Dept. of Economics, 260 Heady Hall, Ames, IA 50011-1070|
Phone: +1 515.294.6741
Fax: +1 515.294.0221
Web page: http://www.econ.iastate.edu
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Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Kevin J. Boyle & Richard C. Bishop & Michael P. Welsh, 1985. "Starting Point Bias in Contingent Valuation Bidding Games," Land Economics, University of Wisconsin Press, vol. 62(2), pages 188-194.
- Herriges, Joseph A. & Shogren, Jason F., 1996.
"Starting Point Bias in Dichotomous Choice Valuation with Follow-Up Questioning,"
Journal of Environmental Economics and Management,
Elsevier, vol. 30(1), pages 112-131, January.
- Herriges, Joseph A. & Shogren, Jason F., 1996. "Starting Point Bias in Dichotomous Choice Valuation with Follow-Up Questioning," Staff General Research Papers Archive 1501, Iowa State University, Department of Economics.
- Paul R. Portney, 1994. "The Contingent Valuation Debate: Why Economists Should Care," Journal of Economic Perspectives, American Economic Association, vol. 8(4), pages 3-17, Fall.
- Dermot J. Hayes & Daniel M. Otto & John D. Lawrence, 1996.
"Pork Production in Iowa: An Industry at a Crossroads,"
Food and Agricultural Policy Research Institute (FAPRI) Publications
96-bp10, Food and Agricultural Policy Research Institute (FAPRI) at Iowa State University.
- Dermot J. Hayes & Daniel M. Otto & John D. Lawrence, 1996. "Pork Production in Iowa: An Industry at a Crossroads," Center for Agricultural and Rural Development (CARD) Publications 96-bp10, Center for Agricultural and Rural Development (CARD) at Iowa State University.
- W. Michael Hanemann, 1994. "Valuing the Environment through Contingent Valuation," Journal of Economic Perspectives, American Economic Association, vol. 8(4), pages 19-43, Fall.
- Peter A. Diamond & Jerry A. Hausman, 1994. "Contingent Valuation: Is Some Number Better than No Number?," Journal of Economic Perspectives, American Economic Association, vol. 8(4), pages 45-64, Fall.
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