Location differences in communities’ preferences for environmental improvements in selected NSW catchments: A Choice Modelling approach

To elicit household willingness to pay (WTP) for improvements in environmental quality in three NSW catchments (Lachlan, Namoi and Hawkesbury-Nepean), a choice modelling (CM) study was conducted. This report presents results of research designed to investigate variations in WTP across different communities. The communities included local residents, distant/urban and distant/rural residents. Nine split samples were established to test for ‘location effects’. The analysis involved both conditional logit and random-parameters logit models. Natural resource management (NRM), including Catchment Management Authorities (CMAs), can use the non-market values obtained from this study to guide their investment decisions.


Issue Date:
2009-03
Publication Type:
Report
DOI and Other Identifiers:
ISSN 1835-9728 (Other)
Record Identifier:
http://ageconsearch.umn.edu/record/94821
PURL Identifier:
http://purl.umn.edu/94821
Total Pages:
41
Series Statement:
Environmental Economics Research Hub Research Reports
21




 Record created 2017-04-01, last modified 2018-01-22

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