Location differences in communities’ preferences for environmental improvements in selected NSW catchments: A Choice Modelling approach

Kasia Mazur and Jeffrey Bennett

No 94821, Research Reports from Australian National University, Environmental Economics Research Hub

Abstract: To elicit household willingness to pay (WTP) for improvements in environmental quality in three NSW catchments (Lachlan, Namoi and Hawkesbury-Nepean), a choice modelling (CM) study was conducted. This report presents results of research designed to investigate variations in WTP across different communities. The communities included local residents, distant/urban and distant/rural residents. Nine split samples were established to test for ‘location effects’. The analysis involved both conditional logit and random-parameters logit models. Natural resource management (NRM), including Catchment Management Authorities (CMAs), can use the non-market values obtained from this study to guide their investment decisions.

Keywords: Environmental Economics and Policy; Research Methods/ Statistical Methods (search for similar items in EconPapers)
Pages: 41
Date: 2009-03
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Citations: View citations in EconPapers (4)

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https://ageconsearch.umn.edu/record/94821/files/EERH_RR21.pdf (application/pdf)

Related works:
Working Paper: Location differences in communities’ preferences for environmental improvements in selected NSW catchments: A Choice Modelling approach (2009)
Working Paper: Location differences in communities’ preferences for environmental improvements in selected NSW catchments: A Choice Modelling approach (2009)
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Persistent link: https://EconPapers.repec.org/RePEc:ags:eerhrr:94821

DOI: 10.22004/ag.econ.94821

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