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Alternative Payment Vehicles in Contingent Valuation: The Case of Genetically Modified Foods

Author

Listed:
  • Kontoleon, Andreas
  • Yabe, Mitsuyasu
  • Darby, Laura

Abstract

In this paper, a secondary consumer food survey is used to explore the role of the payment vehicle in contingent valuation. More specifically, the paper investigates the household willingness-to-pay in the UK for a GM and non-GM labelling program under two alternative payment vehicles: 1) a standard product tax, under which consumers must trade-off some of their personal income for the labelling program; and 2) a taxation reallocation scheme, whereby consumers must trade-off some amount of their household’s taxation money that is currently spent on other government-funded goods. Contrary to previous valuation research, the willingness-to-pay under each vehicle is not found to be statistically significantly different, suggesting that in the case study investigated here, the marginal values of private income and other public goods in the UK are approximately equal.

Suggested Citation

  • Kontoleon, Andreas & Yabe, Mitsuyasu & Darby, Laura, 2005. "Alternative Payment Vehicles in Contingent Valuation: The Case of Genetically Modified Foods," MPRA Paper 1827, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:1827
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    File URL: https://mpra.ub.uni-muenchen.de/1827/1/MPRA_paper_1827.pdf
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    Citations

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    Cited by:

    1. Voltaire, Louinord, 2012. "Effet d’une taxe et d’un droit d’entrée sur les consentements à payer des touristes pour de nouvelles réserves naturelles dans le golfe du Morbihan," Revue d'Etudes en Agriculture et Environnement, Editions NecPlus, vol. 92(02), pages 183-209, October.
    2. Stithou, Mavra, 2009. "Respondent Certainty and Payment Vehicle Effect in Contingent Valuation: an Empirical Study for the Conservation of Two Endangered Species in Zakynthos Island, Greece," Stirling Economics Discussion Papers 2009-21, University of Stirling, Division of Economics.
    3. Kyriaki Remoundou & Fikret Adaman & Phoebe Koundouri & Paulo Nunes, 2014. "Is the value of environmental goods sensitive to the public funding scheme? Evidence from a marine restoration programme in the Black Sea," Empirical Economics, Springer, vol. 47(4), pages 1173-1192, December.
    4. Kyriaki Remoundou & Fikret Adaman & Phoebe Koundouri & Paulo Nunes, 2013. "Is the Value of Environmental Goods Sensitive to the Source of Public Funding? Evidence from a Marine Restoration Programme in the Black Sea," DEOS Working Papers 1321, Athens University of Economics and Business.
    5. Louinord Voltaire & Abdelhak Nassiri & Denis Bailly & Jean Boncoeur, 2011. "Effet d’une taxe et d’un droit d’entrée sur les consentements à payer des touristes pour de nouvelles réserves naturelles dans le golfe du Morbihan," Review of Agricultural and Environmental Studies - Revue d'Etudes en Agriculture et Environnement, INRA Department of Economics, vol. 92(2), pages 183-209.
    6. Phaedra S. Corso & Justin B. Ingels & M. Isabel Roldos, 2013. "A Comparison of Willingness to Pay to Prevent Child Maltreatment Deaths in Ecuador and the United States," IJERPH, MDPI, vol. 10(4), pages 1-14, March.
    7. Wissner, Matthias, 2008. "Messung und Bewertung von Versorgungsqualität," WIK Discussion Papers 309, WIK Wissenschaftliches Institut für Infrastruktur und Kommunikationsdienste GmbH.
    8. Voltaire, Louinord & Nassiri, Abdelhak & Bailly, Denis & Boncoeur, Jean, 2011. "Testing for Consistency in Tourists' Willingness to Pay for New Nature Reserves in the Gulf of Morbihan (France)," 2011 International Congress, August 30-September 2, 2011, Zurich, Switzerland 114378, European Association of Agricultural Economists.
    9. Jürgen Meyerhoff & Morten Mørkbak & Søren Olsen, 2014. "A Meta-study Investigating the Sources of Protest Behaviour in Stated Preference Surveys," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 58(1), pages 35-57, May.
    10. Paulo A.L.D. Nunes & Chiara M. Travisi, 2006. "Comparing Tax and Tax Reallocations Payments in Financing Rail Noise Abatement Programs: Results from a CE valuation study in Italy," Working Papers 2006.95, Fondazione Eni Enrico Mattei.
    11. Mouter, Niek & Cabral, Manuel Ojeda & Dekker, Thijs & van Cranenburgh, Sander, 2019. "The value of travel time, noise pollution, recreation and biodiversity: A social choice valuation perspective," Research in Transportation Economics, Elsevier, vol. 76(C).
    12. Paulo Nunes & Chiara Travisi, 2009. "Comparing Tax and Tax Reallocation Payments in Financing Rail Noise Abatement Programmes: Results from a Stated Choice Valuation Study in Italy," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 43(4), pages 503-517, August.
    13. Achyut Kafle & Stephen K. Swallow & Elizabeth C. Smith, 2015. "Does Public Funding Affect Preferred Tradeoffs and Crowd-In or Crowd-Out Willingness to Pay? A Watershed Management Case," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 60(3), pages 471-495, March.

    More about this item

    Keywords

    Payment Vehicles; Contingent Valuation:;

    JEL classification:

    • Q51 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Valuation of Environmental Effects
    • Q18 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agricultural Policy; Food Policy; Animal Welfare Policy

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