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Journal of Agricultural and Resource Economics >
Volume 30, Number 03, December 2005 >
Please use this identifier to cite or link to this item:
http://purl.umn.edu/30972
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| Title: | Asymmetric Willingness-to-Pay Distributions for Livestock Manure |
| Authors: | Norwood, F. Bailey
Luter, Ryan L.
Massey, Raymond E. |
| Keywords: | animal waste
asymmetric distribution
contingent valuation
manure
nonmarket valuation
pollution
willingness to pay |
| Issue Date: | 2005-12 |
| Abstract: | The Environmental Protection Agency's new Concentrated Animal Feeding Operations (CAFO) regulations are forcing some farms to export livestock manure to off-farm acres. The regulation compliance cost depends on the willingness of neighboring crop producers to accept or pay for the manure. This study estimates a manure willingness-to-pay distribution for crop producers using a contingent valuation mail survey. A flexible parametric distribution is borrowed from the crop yield literature, which shows that manure willingness to pay is left-skewed. Most crop producers in our sample will pay a positive price close to the savings in commercial fertilizer, but approximately 25% require a payment before accepting manure. |
| URI: | http://purl.umn.edu/30972 |
| Institution/Association: | Journal of Agricultural and Resource Economics>Volume 30, Number 03, December 2005 |
| Total Pages: | 18 |
| Language: | English |
| From Page: | 431 |
| To Page: | 448 |
| Collections: | Volume 30, Number 03, December 2005
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| 30030431.pdf | 881Kb | PDF | View/Open |
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