Benefit Transfer over Time of Ecosystem Values: the Case of Forest Recreation
We conduct a functional benefit transfer over 20 years of total willingness to pay based on car-borne forest recreation in 52 forests, using a mixed specification of a random utility model and geographic information systems to allow heterogeneous preferences across the population and for heterogeneity over space. Results show that some preferences of forest attributes, such as species diversity and age, as well as transport mode have changed significantly over the period. Updating the transfer model with present demand for recreation improves the error margins by an average of 182%. However, average errors of the best transfer model remain 145%.
|Date of creation:||Mar 2005|
|Date of revision:||Mar 2005|
|Contact details of provider:|| Postal: Bundesstrasse 55, 20146 Hamburg|
Phone: +49 40 42838 6593
Fax: +49 40 42838 7009
Web page: http://www.fnu.zmaw.de/
More information through EDIRC
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.:
- Peter Feather & Daniel Hellerstein, 1997.
"Calibrating Benefit Function Transfer to Assess the Conservation Reserve Program,"
American Journal of Agricultural Economics,
Agricultural and Applied Economics Association, vol. 79(1), pages 151-162.
- Hellerstein, Daniel & Feather, Peter, 1997. "Calibrating Benefit Function Transfer to Assess the Conservation Reserve Program," MPRA Paper 25357, University Library of Munich, Germany.
- Daniel McFadden & Kenneth Train, 2000. "Mixed MNL models for discrete response," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 15(5), pages 447-470.
- Train,Kenneth E., 2009. "Discrete Choice Methods with Simulation," Cambridge Books, Cambridge University Press, number 9780521747387, November.
- Train,Kenneth E., 2009. "Discrete Choice Methods with Simulation," Cambridge Books, Cambridge University Press, number 9780521766555, November.
- Kenneth Train, 2003. "Discrete Choice Methods with Simulation," Online economics textbooks, SUNY-Oswego, Department of Economics, number emetr2.
- Downing, Mark & Ozuna, Teofilo Jr., 1996. "Testing the Reliability of the Benefit Function Transfer Approach," Journal of Environmental Economics and Management, Elsevier, vol. 30(3), pages 316-322, May.
- Nick Hanley & Robin Ruffell, 1992. "The Valuation of Forest Characteristics," Working Papers Series 92/10, University of Stirling, Division of Economics.
- Nick Hanley & Robin Ruffell, 1992. "The Valuation of Forest characteristics," Working Papers 849, Queen's University, Department of Economics.
- Christie, Mike & Hanley, Nick & Warren, John & Murphy, Kevin & Wright, Robert & Hyde, Tony, 2006. "Valuing the diversity of biodiversity," Ecological Economics, Elsevier, vol. 58(2), pages 304-317, June.
- Krinsky, Itzhak & Robb, A Leslie, 1986. "On Approximating the Statistical Properties of Elasticities," The Review of Economics and Statistics, MIT Press, vol. 68(4), pages 715-719, November.
- Brouwer, Roy, 2000. "Environmental value transfer: state of the art and future prospects," Ecological Economics, Elsevier, vol. 32(1), pages 137-152, January.
- Sébastien Dessus & David O’Connor, 1999. "Climate Policy Without Tears: CGE-Based Ancillary Benefits Estimates for Chile," OECD Development Centre Working Papers 156, OECD Publishing.
- Scarpa, Riccardo & Hutchinson, W. George & Chilton, Susan M. & Buongiorno, Joseph, 2000. "Importance of forest attributes in the willingness to pay for recreation: a contingent valuation study of Irish forests," Forest Policy and Economics, Elsevier, vol. 1(3-4), pages 315-329, December.
- George R. Parsons & Michael S. Needelman, 1992. "Site Aggregation in a Random Utility Model of Recreation," Land Economics, University of Wisconsin Press, vol. 68(4), pages 418-433. Full references (including those not matched with items on IDEAS)