AgEcon Search

AgEcon Search >
       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

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

Files in This Item:

File SizeFormat
30030431.pdf881KbPDFView/Open
Recommend this item

All items in AgEcon Search are protected by copyright.

 

 

Brought to you by the University of Minnesota Department of Applied Economics and the University of Minnesota Libraries with cooperation from the Agricultural and Applied Economics Association.

All papers are in Acrobat (.pdf) format. Get Adobe Reader

Contact Us

Powered by: