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Willingness To Pay For Water Quality Improvements: The Case Of Precision Application Technology

Author:
Hite, Diane, Hudson, Darren, Intarapapong, Walaiporn
Source:
Journal of agricultural and resource economics 2002 v.27 no.2 pp. 433-449
ISSN:
1068-5502
Subject:
application equipment, contingent valuation, farmers, issues and policy, nonpoint source pollution, runoff, surveys, water quality, willingness to pay, Mississippi
Abstract:
A contingent valuation survey conducted in Mississippi is used to assess public willingness to pay for reductions in agricultural nonpoint pollution. The analysis focuses on implementation of a policy to provide farmers with precision application equipment to reduce nutrient runoff. Findings suggest public support exists for such policies. This study also finds that inclusion of debriefing questions can be used to refine willingness-to-pay estimates in contingent valuation studies. A nonparametric scope test suggests respondents are sensitive to level of runoff reduction and associated water-quality benefits.
Agid:
315166