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ECONOMIC BENEFITS OF CRITICAL HABITAT FOR THE MEXICAN SPOTTED OWL: A SCOPE TEST USING A MULTIPLE-BOUNDED CONTINGENT VALUATION SURVEY

63 citations0/0 files storedRePEc: Research Papers in Economics

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Economic and Environmental Valuation Conservation, Biodiversity, and Resource Management Socioeconomics of Resources and Conservation

Abstract

A split-sample design is used to test for a difference between mean willingness to pay (WTP) for protecting the Mexican spotted owl versus protecting 62 threatened/endangered species which includes the Mexican spotted owl. The multiple bounded contingent valuation method is used in a mail survey of U.S. residents. The mean WTP amounts are statistically different at the 0.1 confidence level indicating the multiple-bounded mail survey passes the scope test. The range of estimated benefits of preserving the 4.6 million acres of critical habitat for the Mexican spotted owl substantially outweighs the costs of the recovery effort.

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References

1982Mail and Telephone Surveys: The Total Design Method.1989Using surveys to value public goods: the contingent valuation method 1984Welfare Evaluations in Contingent Valuation Experiments with Discrete Responses 1994Contingent Valuation: Is Some Number Better than No Number?1991Statistical Efficiency of Double‐Bounded Dichotomous Choice Contingent Valuation 2010The Measurement of Environmental and Resource Values 1989OLS versus ML estimation of non-market resource values with payment card interval data 1995Homegrown Values and Hypothetical Surveys: Is the Dichotomous Choice Approach Incentive-Compatible?

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