VALUATION OF OPEN SPACE AS A COMPOSITE ENVIRONMENTAL GOOD VIA CONJOINT ANALYSIS

John Mackenzie

No 271166, 1991 Annual Meeting, August 4-7, Manhattan, Kansas from American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association)

Abstract: This paper analyzes individuals' preferences for protection of open space parcels, described by their constituent environmental amenities, within the public choice framework of a statewide open space preservation initiative. An indirect utility index estimated from these preferences yields marginal valuations of individual amenities with acceptably narrow confidence intervals.

Keywords: Agricultural and Food Policy; Environmental Economics and Policy (search for similar items in EconPapers)
Pages: 22
Date: 1991-08-04
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Persistent link: https://EconPapers.repec.org/RePEc:ags:aaea91:271166

DOI: 10.22004/ag.econ.271166

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