EconPapers    
Economics at your fingertips  
 

WILLINGNESS TO PAY FOR DESERT PROTECTION

Jerrell Richer

Contemporary Economic Policy, 1995, vol. 13, issue 4, 93-104

Abstract: This paper uses a referendum‐style survey approach known as dichotomous‐choice contingent valuation to estimate the benefits of restricting the uses of 6.9 million acres of desert land. Statistical techniques estimate the value to California residents of creating three new national parks and 76 new wilderness areas in the high and low deserts of eastern California. The total amount that California residents would be willing to pay to enact desert protection legislation ranges from $177 million to $448 million per year. This estimate hinges on the assumptions that (i) the residents who did not complete and return the survey questionnaire (“nonrespondents”) would receive no benefits from desert protection and (ii) the estimate of willingness to pay for the “respondents” is unbiased.

Date: 1995
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (15)

Downloads: (external link)
https://doi.org/10.1111/j.1465-7287.1995.tb00735.x

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:bla:coecpo:v:13:y:1995:i:4:p:93-104

Ordering information: This journal article can be ordered from
https://ordering.onl ... 5-7287&ref=1465-7287

Access Statistics for this article

Contemporary Economic Policy is currently edited by Brad R. Humphreys

More articles in Contemporary Economic Policy from Western Economic Association International Contact information at EDIRC.
Bibliographic data for series maintained by Wiley Content Delivery ().

 
Page updated 2025-03-19
Handle: RePEc:bla:coecpo:v:13:y:1995:i:4:p:93-104