Please use this identifier to cite or link to this item: http://hdl.handle.net/1893/10487
Appears in Collections:Economics Journal Articles
Peer Review Status: Refereed
Title: Assessing the spatial dependence of welfare estimates obtained from discrete choice experiments
Authors: Campbell, Danny
Scarpa, Riccardo
Hutchinson, W George
Contact Email: danny.campbell@stir.ac.uk
Keywords: Discrete choice experiments
Moran’s I
Random parameters logit
Spatial dependence
Willingness to pay
Issue Date: Dec-2008
Publisher: Springer
Citation: Campbell D, Scarpa R & Hutchinson WG (2008) Assessing the spatial dependence of welfare estimates obtained from discrete choice experiments, Letters in Spatial and Resource Sciences, 1 (2-3), pp. 117-126.
Abstract: We report results from a discrete choice experiment designed to assess the general public's preferences regarding rural landscape improvements. Using a random parameters logit model to account for unobserved taste heterogeneity, we exploit the panel nature of the dataset to retrieve partworths, or willingness to pay (WTP) values, for every individual in the sample. We subsequently use the Moran's I test statistic to gauge the spatial dependence of these estimates for a range of spatial extents. We find that WTP estimates are positively spatially autocorrelated, but the degree of homogeneity diminishes as the spatial extent becomes larger before it eventually becomes relatively stable.
Type: Journal Article
URI: http://hdl.handle.net/1893/10487
DOI Link: http://dx.doi.org/10.1007/s12076-008-0012-6
Rights: The publisher does not allow this work to be made publicly available in this Repository. Please use the Request a Copy feature at the foot of the Repository record to request a copy directly from the author. You can only request a copy if you wish to use this work for your own research or private study.
Affiliation: Economics
University of Waikato
Queen's University Belfast

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