STATED PREFERENCES AND LENGTH OF RESIDENCY IN RURAL COMMUNITIES: ARE DEVELOPMENT AND CONSERVATION VALUES HETEROGENEOUS?
Robert Johnston,
Stephen Swallow () and
Dana Marie Bauer
No 19683, 2002 Annual meeting, July 28-31, Long Beach, CA from American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association)
Abstract:
Newer residents of rural, urban-fringe communities are often assumed to have preferences for the development and conservation of rural lands that differ from those of longer-term residents. The existing literature offers little to verify or quantify presumed preference shifts. This paper provides a systematic, quantitative examination of whether stated preferences for development and conservation tradeoffs differ according to length of residency in a rural community, and explores implications of these findings for assumptions regarding development and conservation preferences. Results are based on stated preferences estimated from a multi-attribute contingent choice survey of Rhode Island rural residents. Heterogeneity-according to length of town residency-is incorporated using Lagrangian Interpolation Polynomials. This approach models the influence of policy attributes as a polynomial function of residence time, thereby allowing estimated coefficient values to vary as a continuous function of residence duration.
Keywords: Community/Rural/Urban Development; Land Economics/Use (search for similar items in EconPapers)
Pages: 29
Date: 2002
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Citations: View citations in EconPapers (2)
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Persistent link: https://EconPapers.repec.org/RePEc:ags:aaea02:19683
DOI: 10.22004/ag.econ.19683
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