Investigating Distance Effects on Environmental Values: A Choice Modelling Approach

Giovanni Concu

No 25566, 2006 Annual Meeting, August 12-18, 2006, Queensland, Australia from International Association of Agricultural Economists

Abstract: This paper describes a Choice Modelling experiment set up to investigate the relationship between distance and willingness to pay for environmental quality changes. The issue is important for the estimation and transfer of benefits. The Choice Modelling experiment allows testing distance effects on parameters of environmental attributes that imply different trade-offs between use and non-use values. The sampling procedure is designed to provide a "geographically balanced" sample. Several specifications of the distance covariate are compared and distance effects are shown to take complex shapes. Welfare analysis shows that disregarding distance produces under-estimation of individual and aggregated benefits and losses, seriously hindering the reliability of cost-benefit analyses.

Keywords: Environmental; Economics; and; Policy (search for similar items in EconPapers)
Pages: 15
Date: 2006
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Citations: View citations in EconPapers (1)

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Related works:
Journal Article: Investigating distance effects on environmental values: a choice modelling approach (2007)
Journal Article: Investigating distance effects on environmental values: a choice modelling approach * (2007)
Working Paper: Investigating distance effects on environmental values: A choice modelling approach (2005)
Working Paper: Investigating distance effects on environmental values: A choice modelling approach (2005)
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Persistent link: https://EconPapers.repec.org/RePEc:ags:iaae06:25566

DOI: 10.22004/ag.econ.25566

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