EconPapers    
Economics at your fingertips  
 

ECONOMIC BENEFITS OF CRITICAL HABITAT FOR THE MEXICAN SPOTTED OWL: A SCOPE TEST USING A MULTIPLE-BOUNDED CONTINGENT VALUATION SURVEY

John Loomis and Earl Ekstrand

Journal of Agricultural and Resource Economics, 1997, vol. 22, issue 2, 11

Abstract: A split-sample design is used to test for a difference between mean willingness to pay (WTP) for protecting the Mexican spotted owl versus protecting 62 threatened/endangered species which includes the Mexican spotted owl. The multiple bounded contingent valuation method is used in a mail survey of U.S. residents. The mean WTP amounts are statistically different at the 0.1 confidence level indicating the multiple-bounded mail survey passes the scope test. The range of estimated benefits of preserving the 4.6 million acres of critical habitat for the Mexican spotted owl substantially outweighs the costs of the recovery effort.

Keywords: Environmental; Economics; and; Policy (search for similar items in EconPapers)
Date: 1997
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (23) Track citations by RSS feed

Downloads: (external link)
https://ageconsearch.umn.edu/record/30847/files/22020356.pdf (application/pdf)

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: https://EconPapers.repec.org/RePEc:ags:jlaare:30847

DOI: 10.22004/ag.econ.30847

Access Statistics for this article

More articles in Journal of Agricultural and Resource Economics from Western Agricultural Economics Association Contact information at EDIRC.
Bibliographic data for series maintained by AgEcon Search ().

 
Page updated 2022-07-18
Handle: RePEc:ags:jlaare:30847