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WILLINGNESS TO PAY FOR AGRICULTURAL RESEARCH AND EXTENSION PROGRAMS

William B. Clifford, Thomas J. Hoban and John C. Whitehead ()

Journal of Agricultural and Applied Economics, 2001, vol. 33, issue 01

Abstract: The North Carolina Agriculture Survey was designed to estimate the willingness to pay for agricultural research and extension programs. We find that North Carolina households are willing to pay between $218 and $401 million for food production programs and between $251 and $698 million for water quality programs annually. We find evidence of divergent validity and differences in the willingness to pay estimates from the single-bound and multiple-bound data.

Keywords: agricultural research and extension programs; contingent valuation; divergent validity; multiple bound questions; single bound questions; Demand and Price Analysis; Research and Development/Tech Change/Emerging Technologies; Teaching/Communication/Extension/Profession (search for similar items in EconPapers)
Date: 2001
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