Public Willingness to Pay for Farmland Eco-Compensation and Allocation to Farmers: An Empirical Study from Northeast China

Baoqi Liu, Lishan Xu, Yulin Long, Yuehua Wei and Changlin Ao ()
Additional contact information
Baoqi Liu: Department of Management Science and Engineering, Northeast Agricultural University, Harbin 150030, China
Lishan Xu: Faculty of Economic and Management, Mudanjiang Normal University, Mudanjiang 157011, China
Yulin Long: Department of Management Science and Engineering, Northeast Agricultural University, Harbin 150030, China
Yuehua Wei: Department of Management Science and Engineering, Northeast Agricultural University, Harbin 150030, China
Changlin Ao: Department of Management Science and Engineering, Northeast Agricultural University, Harbin 150030, China

Agriculture, 2024, vol. 14, issue 7, 1-22

Abstract: Farmland eco-compensation, as a typical payment for ecosystem services scheme, aims to address trade-offs between environmental and developmental objectives. As indispensable eco-compensation supporters, the public’s willingness to pay (WTP) for farmland eco-compensation and the allocation to farmers directly affect ecological safety and sustainable development for farmland. Therefore, this study links the public’s WTP for the farmland eco-compensation to the financial subsidies received by farmers and presents a theoretical framework and research approach that connects stakeholders, applying improved choice experiments for empirical study in the black soil region of northeastern China. The results showed that the public has a positive WTP for the farmland eco-compensation program that improves the area, soil thickness, and organic content expeditiously. The public’s WTP allocation for eco-compensation varies considerably, with the share allocated to farmers in their WTP averaging 46.96%, showing a benchmark for compensation standards. The results revealed the influential relationship between the socioeconomic characteristics of the public with WTP allocation and the preferences for farmland eco-compensation, such as the positive correlation between age with WTP allocation and females’ greater preference for eco-compensation. These findings can provide new perspectives and approaches to exploring sustainable pathways for farmland eco-compensation.

Keywords: farmland; eco-compensation; payments for ecosystem services; willingness to pay; allocation; choice experiment (search for similar items in EconPapers)
JEL-codes: Q1 Q10 Q11 Q12 Q13 Q14 Q15 Q16 Q17 Q18 (search for similar items in EconPapers)
Date: 2024
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://www.mdpi.com/2077-0472/14/7/1166/pdf (application/pdf)
https://www.mdpi.com/2077-0472/14/7/1166/ (text/html)

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:gam:jagris:v:14:y:2024:i:7:p:1166-:d:1436807

Access Statistics for this article

Agriculture is currently edited by Ms. Leda Xuan

More articles in Agriculture from MDPI
Bibliographic data for series maintained by MDPI Indexing Manager ().