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

Kasia Mazur () and Jeffrey Bennett
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Kasia Mazur: Crawford School of Public Policy, The Australian National University and Australian Bureau of Agricultural and Resource Economics, Australia

Environmental Economics Research Hub Research Reports from Environmental Economics Research Hub, Crawford School of Public Policy, The Australian National University

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. Key words: Choice modelling, location effects, non-market valuation, catchment planning, environment

Date: 2009-03
New Economics Papers: this item is included in nep-dcm and nep-env
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Citations: View citations in EconPapers (4)

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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:een:eenhrr:0921

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