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Household willingness to pay for stream restoration on private and public land: Evidence from the Baltimore metropolitan region
Authors:Andrew B Rosenberg  David A Newburn  Charles A Towe
Institution:1. Economic Research Service, United States Department of Agriculture, Kansas City, Missouri, USA;2. Department of Agricultural and Resource Economics, University of Maryland, College Park, Maryland, USA

Contribution: Conceptualization, Funding acquisition, ​Investigation, Methodology, Project administration, Supervision, Writing - review & editing;3. Department of Agricultural and Resource Economics, University of Connecticut, Storrs, Connecticut, USA

Contribution: Conceptualization, Writing - review & editing

Abstract:Stream restoration is one of the most widely used interventions to mitigate urban stormwater impacts and improve water quality. Government agencies have typically focused urban stream restoration efforts on public lands that they already own, even though a substantial portion of stream miles in highly urbanized areas occur on privately owned land. Yet, limited research exists to distinguish household willingness to pay (WTP) for stream restoration occurring on private versus public land. In this study, we use a choice experiment to analyze how household WTP for stream restoration attributes vary by land ownership and distance to the restoration project. Our empirical results indicate that streambank stabilization approaches have positive WTP estimates that are substantially larger in magnitude than those related to riparian vegetation management for clearing or planting trees. In general, estimated total household WTP for each of the four restoration design scenarios on public land is higher than when the same restoration design is located on private land. Nonetheless, estimated household WTP for each restoration design scenario on private land is substantial, retaining the majority of the value found on public land in all cases.
Keywords:stated preference  choice experiment  nonmarket valuation  stormwater management  water quality  water quality economics
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