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William B. Clifford, Thomas J. Hoban and John 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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