Back to Search Start Over

Rural Amenity Values and Length of Residency

Authors :
Dana Marie Bauer
Timothy J. Tyrrell
Robert J. Johnston
Stephen K. Swallow
Source :
American Journal of Agricultural Economics. 85:1000-1015
Publication Year :
2003
Publisher :
Wiley, 2003.

Abstract

New residents of rural communities are often assumed to have preferences for development and conservation that differ from those of longer-term residents. However, the literature offers little to quantify presumed preference heterogeneity. This article assesses whether stated preferences differ according to length of residency. Results are based on a conjoint (choice experiment) survey of Rhode Island rural residents. Heterogeneity—according to length of town residency—is modeled using dummy variables, multiplicative interactions, and Lagrangian interpolation polynomials. Results are compared across the three models, and identify a range of attributes for which willingness to pay depends on length of residency. Copyright 2003, Oxford University Press.

Details

ISSN :
14678276 and 00029092
Volume :
85
Database :
OpenAIRE
Journal :
American Journal of Agricultural Economics
Accession number :
edsair.doi.dedup.....a9b78ac433ff6ad9b2a72385d52a6f98
Full Text :
https://doi.org/10.1111/1467-8276.00503