Parametric and non-parametric estimates of willingness to pay for forest recreation in Northern Ireland: A discrete choice contingent valuation studywith follow-ups

Citation
Wg. Hutchinson et al., Parametric and non-parametric estimates of willingness to pay for forest recreation in Northern Ireland: A discrete choice contingent valuation studywith follow-ups, J AGR ECON, 52(1), 2001, pp. 104-122
Citations number
54
Categorie Soggetti
Agriculture/Agronomy,Economics
Journal title
JOURNAL OF AGRICULTURAL ECONOMICS
ISSN journal
0021857X → ACNP
Volume
52
Issue
1
Year of publication
2001
Pages
104 - 122
Database
ISI
SICI code
0021-857X(200101)52:1<104:PANEOW>2.0.ZU;2-2
Abstract
In this study we show that forest areas contribute significantly to the est imated benefits from om outdoor recreation in Northern Ireland. Secondly we provide empirical evidence of the gains in the statistical efficiency of b oth benefit and parameter estimates obtained by analysing follow-up respons es with Double Bounded interval data analysis. As these gains are considera ble, it is clearly worth considering this method in CVM survey design even when moderately large sample sizes are used. Finally we demonstrate that es timates of means and medians of WTP distributions for access to forest recr eation show plausible magnitude, are consistent with previous UK studies, a nd converge across parametric and non-parametic methods of estimation.