首页 | 本学科首页   官方微博 | 高级检索  
     检索      


Preventing land loss in coastal Louisiana: estimates of WTP and WTA
Authors:Petrolia Daniel R  Kim Tae-Goun
Institution:Department of Agricultural Economics, Mississippi State University, Box 5187, Mississippi State, MS 39762, USA. petrolia@agecon.msstate.edu
Abstract:A dichotomous-choice contingent-valuation survey was conducted in the State of Louisiana (USA) to estimate compensating surplus (CS) and equivalent surplus (ES) welfare measures for the prevention of future coastal wetland losses in Louisiana. Valuations were elicited using both willingness to pay (WTP) and willingness to accept compensation (WTA) payment vehicles. Mean CS (WTP) estimates based on a probit model using a Box-Cox specification on income was $825 per household annually, and mean ES (WTA) was estimated at $4444 per household annually. Regression results indicate that the major factors influencing support for land-loss prevention were income (positive, WTP model only), perceived hurricane protection benefits (positive), environmental and recreation protection (positive), distrust of government (negative), age (positive, WTA model only), and race (positive for whites).
Keywords:H41  Q24  Q26  Q51  Q57
本文献已被 ScienceDirect PubMed 等数据库收录!
设为首页 | 免责声明 | 关于勤云 | 加入收藏

Copyright©北京勤云科技发展有限公司  京ICP备09084417号