Scale and scope effects on communities’ values for environmental improvements in the Namoi catchment: A choice modelling approach

Kasia Mazur () and Jeffrey Bennett
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Kasia Mazur: Crawford School of Public Policy, College of Asia and Pacific, Australian National University

Environmental Economics Research Hub Research Reports from Environmental Economics Research Hub, Crawford School of Public Policy, The Australian National University

Abstract: This report presents results of research designed to investigate variations in willingness to pay (WTP) estimates across different scales and scopes of environmental investments. The goal is to help catchment management authorities better prioritise their natural resource management actions at both catchment and farm levels. Five split samples were used to test for scale and scope effects. A choice modelling (CM) analysis that involved the estimation of conditional logit was used to elicit household WTP for improvements in environmental quality attributes in the Namoi catchment. The approach was developed to facilitate the more accurate transfer of value estimates between different scopes of actions.

Keywords: Choice modelling; Scale effect; Scope effect; Embedding; Non-market valuation; Catchment planning; Environment (search for similar items in EconPapers)
Date: 2009-12
New Economics Papers: this item is included in nep-dcm and nep-env
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Citations: View citations in EconPapers (3)

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Working Paper: Scale and scope effects on communities’ values for environmental improvements in the Namoi catchment: A choice modelling approach (2009)
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Persistent link: https://EconPapers.repec.org/RePEc:een:eenhrr:0942

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