Public Environmental Amenity Benefits of Private Land: The Case of Prime Agricultural Land
| Autor: | B. L. Dillman, John R. Stoll, John C. Bergstrom |
|---|---|
| Rok vydání: | 1985 |
| Předmět: |
Economics and Econometrics
Contingent valuation Public economics business.industry Amenity Public policy Environmental Economics and Policy Land Economics/Use Agricultural and Biological Sciences (miscellaneous) Prime (order theory) Intervention (law) Agriculture Agricultural land Land market Economics business |
| Zdroj: | Journal of Agricultural and Applied Economics. 17:139-149 |
| ISSN: | 2056-7405 1074-0708 |
| DOI: | 10.1017/s0081305200017155 |
| Popis: | Failure of land markets to account for environmental amenity benefits may lend support to public policies to protect agricultural land. The contingent valuation method is employed to estimate willingness to pay for such amenities in Greenville County, South Carolina. Marginal household amenity benefits were estimated at $.06 per thousand acres using a payment card in a mail survey with 53 percent response. Bid payment vehicle was found not to significantly influence bids received. The informational structure of the contingent market was found to influence valuation responses, reinforcing the hypothesis that respondents react to alternative contingent market structures. The relationship between contingent market structure and directional effects upon responses is an important area for future research. |
| Databáze: | OpenAIRE |
| Externí odkaz: |
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