|Appears in Collections:||Economics Journal Articles|
|Peer Review Status:||Refereed|
|Title:||Assessing the spatial dependence of welfare estimates obtained from discrete choice experiments|
Hutchinson, W George
|Keywords:||Discrete choice experiments|
Random parameters logit
Willingness to pay
|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.|
|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.|
|Campbell et al_LSRS_2008.pdf||322.81 kB||Adobe PDF||Under Permanent Embargo Request a copy|
Note: If any of the files in this item are currently embargoed, you can request a copy directly from the author by clicking the padlock icon above. However, this facility is dependent on the depositor still being contactable at their original email address.
This item is protected by original copyright
Items in the Repository are protected by copyright, with all rights reserved, unless otherwise indicated.
If you believe that any material held in STORRE infringes copyright, please contact email@example.com providing details and we will remove the Work from public display in STORRE and investigate your claim.