Integrating landscape improvement indices and discrete choice experiments: evidence from the Rural Environment Protection Scheme in Ireland

Danny Campbell (), George Hutchinson and Riccardo Scarpa
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George Hutchinson: Institute of Agri-Food and Land Use, Queen’s University Belfast

No 609, Working Papers from Rural Economy and Development Programme,Teagasc

Abstract: This paper reports findings from two discrete choice experiments that were carried out to value landscape improvement measures within the Rural Environment Protection (REP) Scheme in Ireland. Using a mixed logit specification willingness to pay (WTP) distributions based on the parameter estimates obtained from the individual conditional distributions are derived. These estimates are subsequently adjusted using landscape improvement indices to reflect landscape improvements actually arising from the REP Scheme. Individual-specific WTP estimates are contrasted with the cost of the REP Scheme. Results indicate that the REP Scheme contributes substantial benefits to rural landscapes.

Keywords: Discrete choice experiments; mixed logit; landscape improvement indices; willingness to pay (search for similar items in EconPapers)
Pages: 32 pages
Date: 2006
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Citations: View citations in EconPapers (7)

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