Valuing the multiple impacts of pesticide use in the UK: A contingent ranking approach

Citation
V. Foster et S. Mourato, Valuing the multiple impacts of pesticide use in the UK: A contingent ranking approach, J AGR ECON, 51(1), 2000, pp. 1-21
Citations number
32
Categorie Soggetti
Agriculture/Agronomy,Economics
Journal title
JOURNAL OF AGRICULTURAL ECONOMICS
ISSN journal
0021857X → ACNP
Volume
51
Issue
1
Year of publication
2000
Pages
1 - 21
Database
ISI
SICI code
0021-857X(200001)51:1<1:VTMIOP>2.0.ZU;2-V
Abstract
The contingent ranking method was used to estimate the value of the human h ealth and biodiversity impacts associated with pesticide applications, usin g a "green" consumer product as a payment vehicle. Specification testing sh owed that the standard conditional logit model provides a representation of these data preferable to the rank-ordered logit variant. The resulting est imates - which perform well in terms of standard validity tests - show that , on average, consumers are only willing to tolerate between six and eight cases of human illness to save an entire species of farmland birds.