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Valuation Of Water Quality In Livestock Regions: An Application To Rural Watersheds In Iowa

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Listed:
  • Hurley, Terrance M.
  • Otto, Daniel M.
  • Holtkamp, Janice

Abstract

This paper investigates rural residents' perceptions of the risk to water quality from large confinement facilities and their willingness to pay to delay nitrate contamination from these facilities. Rural residents are concerned about the environmental impact of confinement facilities and are willing to pay as much as $82 annually to delay nitrate contamination in their water for 20 years. These contingent valuation results are consistent with the result obtained in similar studies that used hedonic valuation methods.

Suggested Citation

  • Hurley, Terrance M. & Otto, Daniel M. & Holtkamp, Janice, 1999. "Valuation Of Water Quality In Livestock Regions: An Application To Rural Watersheds In Iowa," Journal of Agricultural and Applied Economics, Southern Agricultural Economics Association, vol. 31(01), pages 1-8, April.
  • Handle: RePEc:ags:joaaec:15134
    DOI: 10.22004/ag.econ.15134
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    References listed on IDEAS

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    1. Kevin J. Boyle & Richard C. Bishop & Michael P. Welsh, 1985. "Starting Point Bias in Contingent Valuation Bidding Games," Land Economics, University of Wisconsin Press, vol. 62(2), pages 188-194.
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    5. Dermot J. Hayes & Daniel M. Otto & John D. Lawrence, 1996. "Pork Production in Iowa: An Industry at a Crossroads," Center for Agricultural and Rural Development (CARD) Publications 96-bp10, Center for Agricultural and Rural Development (CARD) at Iowa State University.
    6. W. Michael Hanemann, 1994. "Valuing the Environment through Contingent Valuation," Journal of Economic Perspectives, American Economic Association, vol. 8(4), pages 19-43, Fall.
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    8. Raymond B. Palmquist & Fritz M. Roka & Tomislav Vukina, 1997. "Hog Operations, Environmental Effects, and Residential Property Values," Land Economics, University of Wisconsin Press, vol. 73(1), pages 114-124.
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    Cited by:

    1. Francesco Jacopo Pintus, 2023. "Valuing drinking water quality after a PFAS contamination event: results from a meta-analysis benefit transfer," "Marco Fanno" Working Papers 0308, Dipartimento di Scienze Economiche "Marco Fanno".
    2. John C. Whitehead, 2006. "Improving Willingness to Pay Estimates for Quality Improvements through Joint Estimation with Quality Perceptions," Southern Economic Journal, John Wiley & Sons, vol. 73(1), pages 100-111, July.
    3. D'Souza, Gerard E. & Collins, Alan R. & Benson, Matt & Borisova, Tatiana, 2006. "Differences among Watershed Sub-Populations in Willingness to Pay for Water Quality Improvements: The Impact of TMDL Development," 2006 Annual meeting, July 23-26, Long Beach, CA 21195, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    4. Eduardo Beamonte Córdoba & José D. Bermúdez Edo & Alejandro Casino Martínez & Ernesto J. Veres Ferrer, 2007. "Medición de la calidad del agua del trasvase del Ebro (tramo Castellón-Mijares): valoración del coste económico asociado a la adecuación de calidades/Water Quality Measurement in the Ebro Transfer (Ca," Estudios de Economia Aplicada, Estudios de Economia Aplicada, vol. 25, pages 573-586, Abril.

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