Willingness to Pay for Water Quality Improvements in the United States and Canada: Considering Possibilities for International Meta-Analysis and Benefit Transfer
Robert Johnston () and
Paul J. Thomassin
Agricultural and Resource Economics Review, 2010, vol. 39, issue 1
This paper presents a multinational meta-analysis estimated to identify systematic components of willingness to pay for surface water quality improvements, developed to support benefit transfer for Canadian policy development. Metadata are drawn from stated preference studies that estimate WTP for water quality changes affecting aquatic life habitatsâ€”a type of study with few Canadian examples. The goals of this paper are to assess the properties of a multinational (United States/Canada) meta-analysis compared to a single-country (U.S.) analog; illustrate the potential information that may be derived as well as the analytical challenges; and assess the performance of resulting meta-functions for benefit transfer.
Keywords: meta-regression analysis; stated preference; water quality; willingness to pay; benefit cost analysis; Environmental Economics and Policy (search for similar items in EconPapers)
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Persistent link: http://EconPapers.repec.org/RePEc:ags:arerjl:59341
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