|Appears in Collections:||Economics Journal Articles|
|Peer Review Status:||Refereed|
|Title:||Models of Site-choice for Walks in Rural Ireland: Exploring Cost Heterogeneity|
random parameters logit
welfare estimates Q26
|Publisher:||Wiley-Blackwell for the Agricultural Economics Society|
|Citation:||Doherty E, Campbell D & Hynes S (2013) Models of Site-choice for Walks in Rural Ireland: Exploring Cost Heterogeneity, Journal of Agricultural Economics, 64 (2), pp. 446-466.|
|Abstract:||Farmland can confer significant public good benefits to society aside from its role in agricultural production. In this article, we investigate preferences of rural residents for the use of farmland as a recreational resource. In particular, we use a choice experiment to determine preferences for the development of farmland walking trails. Our modelling approach uses a series of mixed logit models to assess the impact of alternative distributional assumptions for the cost coefficient on the welfare estimates associated with the provision of the trails. Our results reveal that using a mixture of discrete and continuous distributions to represent cost heterogeneity leads to a better model fit and lower welfare estimates. Our results further reveal that Irish rural residents show positive preferences for the development of farmland walking trails in the Irish countryside.|
|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:||National University of Ireland - Galway|
National University of Ireland - Galway
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