EconPapers    
Economics at your fingertips  
 

Valuing Grassland Restoration: Proximity to Substitutes and Trade-offs among Conservation Attributes

Sahan Dissanayake () and Amy Ando ()

Land Economics, 2014, vol. 90, issue 2

Abstract: We demonstrate how choice experiment survey methods can be used to guide ecosystem restoration efforts. We use a choice experiment survey to estimate willingness to pay (WTP) for different attributes of restored grassland ecosystems. We find that the presence of nearby grasslands increases a respondent’s WTP and that species richness, population density, and the presence of endangered species are all significant factors that contribute to the respondent’s WTP. This implies that all these conservation success measures should be taken into account in planning and in research. To our knowledge this is the first study to calculate the WTP for grasslands.

JEL-codes: Q51 Q57 (search for similar items in EconPapers)
Date: 2014
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (14) Track citations by RSS feed

Downloads: (external link)
http://le.uwpress.org/cgi/reprint/90/2/237
A subscripton is required to access pdf files. Pay per article is available.

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:uwp:landec:v:90:y:2014:ii:1:p:237-259

Access Statistics for this article

More articles in Land Economics from University of Wisconsin Press
Bibliographic data for series maintained by ().

 
Page updated 2023-01-19
Handle: RePEc:uwp:landec:v:90:y:2014:ii:1:p:237-259