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Please use this identifier to cite or link to this item: http://purl.umn.edu/43648

Title: Meta Analysis for Benefits Transfer – Toward Value Estimates for Some Outputs of Multifunctional Agriculture
Authors: Randall, Alan
Kidder, Ayuna
Chen, Ding-Rong
Keywords: meta analysis
benefits transfer
multifunctional agriculture
Issue Date: 2008
Abstract: As a contribution to valuing the outputs of multifunctional agriculture, we report three new meta analyses estimating value functions for agricultural conservation program impacts on water quality, wetlands, and upland habitat and open space. As is often the case in valuation, where methods have yet to be standardized, the data sets are relatively small and noisy. With a clear objective of benefits transfer, we seek robust parameter estimates for key RHS variables, even at the cost of some loss of goodness of fit. We present our estimated full equations, and benefits transfer values calculated from equations estimated after backward elimination of insignificant variables, and offer a rationale for this approach to benefits transfer.
URI: http://purl.umn.edu/43648
Institution/Association: European Association of Agricultural Economists>2008 International Congress, August 26-29, 2008, Ghent, Belgium
Total Pages: 9
Collections:2008 International Congress, August 26-29, 2008, Ghent, Belgium

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