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Appears in Collections:Economics Journal Articles
Peer Review Status: Refereed
Title: Models of Site-choice for Walks in Rural Ireland: Exploring Cost Heterogeneity
Author(s): Doherty, Edel
Campbell, Danny
Hynes, Stephen
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Keywords: Choice experiments
farmland recreation
non-market valuation
preference heterogeneity
random parameters logit
welfare estimates Q26
Issue Date: Jun-2013
Date Deposited: 20-Jun-2013
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.
DOI Link: 10.1111/1477-9552.12002
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