Assessing the spatial dependence of welfare estimates obtained from discrete choice experiments

Campbell, D; Scarpa, R; Hutchinson, WG

Assessing the spatial dependence of welfare estimates obtained from discrete choice experiments

Campbell, D Scarpa, R Hutchinson, WG

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Publisher:: Springer
Publication Type:: Journal Article
Citation:: Letters in Spatial and Resource Sciences, 2008, 1 (2-3), pp. 117 - 126
Issue Date:: 2008-01

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Field	Value	Language
dc.contributor.author	Campbell, D	en_US
dc.contributor.author	Scarpa, R	en_US
dc.contributor.author	Hutchinson, WG	en_US
dc.date.issued	2008-01	en_US
dc.identifier.citation	Letters in Spatial and Resource Sciences, 2008, 1 (2-3), pp. 117 - 126	en_US
dc.identifier.issn	1864-4031	en_US
dc.identifier.uri	http://hdl.handle.net/10453/31445
dc.description.abstract	We report results from a discrete choice experiment designed to assess the general publics 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 Morans I test statistic to gauge the spatial dependence of these estimates for a range of spatial extents. We ?nd 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.	en_US
dc.publisher	Springer	en_US
dc.relation.ispartof	Letters in Spatial and Resource Sciences	en_US
dc.relation.isbasedon	10.1007/s12076-008-0012-6	en_US
dc.title	Assessing the spatial dependence of welfare estimates obtained from discrete choice experiments	en_US
dc.type	Journal Article
utslib.citation.volume	2-3	en_US
utslib.citation.volume	1	en_US
utslib.for	1402 Applied Economics	en_US
utslib.for	1205 Urban and Regional Planning	en_US
pubs.embargo.period	Not known	en_US
pubs.organisational-group	/University of Technology Sydney
pubs.organisational-group	/University of Technology Sydney/Faculty of Business
pubs.organisational-group	/University of Technology Sydney/Strength - CENSOC - Study of Choice
utslib.copyright.status	closed_access
pubs.consider-herdc	false	en_US
pubs.issue	2-3	en_US
pubs.volume	1	en_US

Abstract:

We report results from a discrete choice experiment designed to assess the general publics 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 Morans I test statistic to gauge the spatial dependence of these estimates for a range of spatial extents. We ?nd 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.

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http://hdl.handle.net/10453/31445