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ESTIMATING TILE DEMAND FOR PROTECTING FRESHWATER LAKES FROM EUTROPHICATION.
From:
American Journal of Agricultural Economics
| Date:
December 1, 1999| Author:
BOYLE, KEVIN J.; POOR, P. JOAN; TAYLOR, LAURA O.
| COPYRIGHT 1999 American Agricultural Economics Association. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group.Copyright information
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In any discussion of the valuation of public goods, particularly environmental amenities, contingent valuation, travel cost, and hedonics are commonly cited as methods for estimating Hicksian or Marshallian welfare (Freeman). While contingent valuation and travel cost are widely employed, we know of very few applications where hedonic demand functions have been estimated. Palmquist (1984) and Parsons estimated second-stage hedonic demands for characteristics of housing units. Both ...
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