The influence of home-site factors on residents' willingness to pay: An application for power generation from scrubland in Galicia, Spain

Mario Soliño (), Begoña A. Farizo and Pablo Campos

Energy Policy, 2009, vol. 37, issue 10, pages 4055-4065

Abstract: The main objective of this paper is to measure how much home-site factors can help to explain the individual WTP for an environmental improvement in power generation in Galicia, Spain. The results show that home-site variables such as a dispersed population, local community income, population growth and coastal/inland emplacements have significant effects on the residents' WTP. Individual and home-site models are compared using goodness-of-fit measures, and implications for forestry resources management and energy planning are discussed. The results favor to take into account the home-site variables into the WTP function. Moreover, a different structure of preferences for coastal and inland inhabitants is identified. A cross-validity analysis shows that some home-site coefficients are common to both sub-samples, but the scale parameters are not homogenous. This analysis could be useful to inform and support the public energy policy when designing incentives that promote the electric use of biomass.

Keywords: Contingent; valuation; Cross; validity; Forest; biomass (search for similar items in EconPapers)
Date: 2009
References: View references in EconPapers View complete reference list from CitEc
Citations View citations in EconPapers (1) Track citations by RSS feed

Downloads: (external link)
http://www.sciencedirect.com/science/article/B6V2W ... 62bde50bf2a3009e7b5d
Full text for ScienceDirect subscribers only

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: http://EconPapers.repec.org/RePEc:eee:enepol:v:37:y:2009:i:10:p:4055-4065

Access Statistics for this article

Energy Policy is edited by N. France

More articles in Energy Policy from Elsevier
Series data maintained by Wendy Shamier ().