Stated environmental preferences in a Romanian rural community
Luiza Toma and
Erik Mathijs
Post-Communist Economies, 2004, vol. 16, issue 2, 215-227
Abstract:
This article uses random utility theory to analyse the economic and environmental trade-offs at farm level in a Romanian rural area confronting water pollution on the basis of survey data. To underline the impact of socio-economic variables in the decision-making process at farm level as regards environmental choices, a binary logit model is estimated that includes socio-economic variables in addition to the attributes in the choice set. The study shows that heterogeneity in tastes is partially captured by the inclusion of socio-economic variables such as age, education, access to agri-environmental information, number of children, land ownership and investment behaviour.
Date: 2004
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Persistent link: https://EconPapers.repec.org/RePEc:taf:pocoec:v:16:y:2004:i:2:p:215-227
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DOI: 10.1080/1463137042000223895
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