Valuing water quality as a function of water quality measures

American Journal of Agricultural Economics

Volumn 91, Issue 1, 2009, Pages 106-123

  Egan, Kevin J ^a   Herriges, Joseph A ^b   Kling, Catherine L ^b   Downing, John A ^b  

^a UNIVERSITY OF TOLEDO   (United States)

^b IOWA STATE UNIVERSITY   (United States)

Author keywords

Nonmarket valuation; Recreation demand; Water quality

Indexed keywords

EMPIRICAL ANALYSIS; ENVIRONMENTAL ECONOMICS; ESTIMATION METHOD; LOGIT ANALYSIS; VALUATION; WATER QUALITY; WILLINGNESS TO PAY;

EID: 58149482589     PISSN: 00029092     EISSN: 14678276     Source Type: Journal    
DOI: 10.1111/j.1467-8276.2008.01182.x     Document Type: Article

References (39)

1. Adamowicz, W., J. Swait, P. Boxall, J. Louviere, and M. Williams. 1997. "Perceptions vs. Objective Measures of Environmental Quality in Combined Revealed and Stated Preference Models of Environmental Valuation." Journal of Environmental Economics and Management 32:65-84.
2. Arbuckle, K.E., and J.A. Downing. 2001. "The Influence of Watershed Land Use on Lake N:P in a Predominantly Agricultural Landscape." Limnology and Oceanography 46:970-75.
3. Atasoy, M., R. Palmquist, and D. Phaneuf. 2006. "Estimating the Effects of Urban Residential Development on Water Quality Using Micro Data." Journal of Environmental Management 79:399-408.
4. Azevedo, C.D., K.J. Egan, J.A. Herriges, and C.L. Kling. 2003. Iowa Lakes Valuation Project: Summary and Findings from Year One. Final Report to the Iowa Department of Natural Resources, August.
5. Bockstael, N.E., W.M. Hanemann, and I.E. Strand. 1986. Measuring the Benefits of Water Quality Improvements Using Recreation Demand Models. Report Presented to the Environmental Protection Agency under Cooperative Agreement CR-811043-01-0, Washington, D.C.
6. Chen, H.Z., F. Lupi, and J.P. Hoehn. 1999. "An Empirical Assessment of Multinomial Probit and Logit Models for Recreation Demand." In Herriges, J.A., and C.L. Kling, eds. Valuing Recreation and the Environment: Revealed Preference Methods in Theory and Practice, Cheltenham, UK: Edward Elgar, pp. 141-61.
7. Creel, M.D., and J.B. Loomis. 1990. "Theoretical and Empirical Advantages of Truncated Count Data Estimators for Analysis of Deer Hunting in California." American Journal of Agricultural Economics 72(2):434-41.
8. Creel, M.D., and J.B. Loomis. 1992. "Modeling Hunting Demand in the Presence of a Bag Limit, with Tests of Alternative Specifications." Journal of Environmental Economics and Management 22(2):99-113.
9. Dillman, D.A. 1978. Mail and Telephone Surveys-The Total Design Method. New York: Wiley.
10. Egan, K.J., J.A. Herriges, C.L. Kling, and J.A. Downing. 2008. "AJAE Appendix: Valuing Water Quality as a Function of Water Quality Measures." Unpublished manuscript. Available at http://agecon.lib.umn.edu, accessed February 2008.
11. Greene, W.H. 2000. Econometric Analysis. Upper Saddle River, NJ: Prentice Hall.
12. Haener, M., P. Boxall, and W. Adamowicz. 2001. "Modeling Recreation Site Choice: Do Hypothetical Choices Reflect Actual Behavior?" American Journal of Agricultural Economics 83:629-42.
13. Hensher, D., and W. Greene. 2003. "The Mixed Logit Model: The State of Practice." Transportation 30:133-76.
14. Herriges, J., and D. Phaneuf. 2002. "Inducing Patterns of Correlation and Substitution in Repeated Logit Models of Recreation Demand." American Journal of Agricultural Economics 84:1076-90.
15. Hess, S., K.E. Train, and J.W. Polak. 2006. "On the Use of a Modified Latin Hypercube Sampling (MLHS) in the Estimation of a Mixed Logit Model for Vehicle Choice." Transportation Research: Part B: Methodological 40(2):147-63.
16. Hilger, J. and M. Hanemann. 2006. "Heterogeneous Preference for Water Quality: A Finite Mixture Model of Beach Recreation in Southern California." Research Report California Sea Grant College Program, Econ 06-01.
17. Iowa Department of Natural Resources. 2004a. Fishing Guide for Iowa Lakes.
18. Iowa Department of Natural Resources. 2004b, "The Value of Water Quality in Iowa Lakes," Iowa Conservationist 63(2):7-25.
19. Jeon, Y., J. Herriges, C. Kling, and J. Downing. 2005. "The Role of Water Quality Perceptions in Modeling Lake Recreation Demand." Iowa State University, Department of Economics, Staff research papers.
20. Kaoru, Y., V.K. Smith, and J. Long Liu. 1995. "Using Random Utility Models to Estimate the Recreational Value of Estuarine Resources." American Journal of Agricultural Economics 77:141-51.
21. Krinsky, I., and L. Robb. 1986. "On Approximating the Statistical Properties of Elasticities." Review of Economics and Statistics 68: 715-19.
22. Leamer, E.E. 1983. "Let's Take the Con Out of Econometrics." American Economic Review 73(1):31-43.
23. McConnell, K. 1993. "Indirect Methods for Assessing Natural Resource Damages under CERCLA." In J. Kopp, and V.K. Smith, eds. Valuing Natural Assets, pp. 203-37. Resources for the Future, Washington DC.
24. McFadden, D., and K. E. Train. 2000. "Mixed MNL Models for Discrete Response." Journal of Applied Econometrics 15:447-70.
25. Morey, E.R., R.D. Rowe, and M. Watson. 1993. "A Repeated Nested-Logit Model of Atlantic Salmon Fishing." American Journal of Agricultural Economics 75:578-92.
26. Morey, E.R., J. Thacher, and W. Breffle. 2006. "Using Angler Characteristics and Attitudinal Data to Identify Environmental Preference Classes: A Latent-Class Model." Environmental and Resource Economics 34(1):91-115.
27. Parsons, G.R., E.C. Helm, and T. Bondelid. 2003. "Measuring the Economic Benefits of Water Quality Improvements to Recreational Users in Six Northeastern States: An Application of the Random Utility Maximization Model." Working paper, University of Delaware, July.
28. Parsons, G.R., and M.J. Kealy. 1992. "Randomly Drawn Opportunity Sets in a Random Utility Model of Lake Recreation." Land Economics 68(1):93-106.
29. Phaneuf, D.J. 2002. "A Random Utility Model for TMDLs: Estimating the Benefits Water Quality Improvements." Water Resources Research 38:471-95.
30. Phaneuf, D.J., C.L. Kling, and J.A. Herriges. 2000. "Estimation and Welfare Calculations in a Generalized Corner Solution Model with an Application to Recreation Demand." The Review of Economics and Statistics 82(1):83-92.
31. Pollak, R. A., and T. J. Wales. 1991. "The Likelihood Dominance Criterion: A New Approach to Model Selection." Journal of Econometrics 47(2-3):227-42.
32. Revelt, D., and K. Train. 1998. "Mixed Logit with Repeated Choices: Households' Choices of Appliance Efficiency Level." The Review of Economics and Statistics 80:647-57.
33. Ribaudo, M., and S. Piper. 1991. "Estimating Changes in Recreational Fishing Participation from National Water Quality Policies." Water Resources Research 27(7):1757-63.
34. Russell, C., and W. Vaughan. 1982. "The National Recreational Fishing Benefits of Water Pollution Control." Journal of Environmental Economics and Management 9(4):328-54.
35. Stevens, J. 1966. "Recreation Benefits from Water Pollution Control." Water Resources Research 2(2):167-82.
36. Train, K. 1998. "Recreation Demand Models with Taste Differences Over People." Land Economics 74(2):230-39.
37. U.S. Environmental Protection Agency (USEPA). 2000. "Nutrient Criteria Technical Guidance Manual: Lakes and Reservoirs." Office of Water, Office of Science and Technology, Report EPA-822-B00-001, Washington, D.C.
38. Von Haefen, R. 2003. "Incorporating Observed Choice into the Construction of Welfare Measures from Random Utility Models." Journal of Environmental Economics and Management 45:145-65.
39. von Haefen, R.H., D.M. Massey, and W.L. Adamowicz. 2005. "Serial Nonparticipation in Repeated Discrete Choice Models." American Journal of Agricultural Economics 87(4):1061-76.