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Rural Amenity Values and Length of Residency

Author

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  • Robert J. Johnston
  • Stephen K. Swallow
  • Timothy J. Tyrrell
  • Dana Marie Bauer

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.

Suggested Citation

  • Robert J. Johnston & Stephen K. Swallow & Timothy J. Tyrrell & Dana Marie Bauer, 2003. "Rural Amenity Values and Length of Residency," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 85(4), pages 1000-1015.
    • Handle: RePEc:oup:ajagec:v:85:y:2003:i:4:p:1000-1015
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    File URL: http://hdl.handle.net/10.1111/1467-8276.00503
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    Citations

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    Cited by:

    1. Chris Moore & Dennis Guignet & Kelly B. Maguire & Chris Dockins & Nathalie B. Simon, 2015. "A Stated Preference Study of the Chesapeake Bay and Watershed Lakes," NCEE Working Paper Series 201506, National Center for Environmental Economics, U.S. Environmental Protection Agency, revised Nov 2015.
    2. Bauer, Dana & Liu, Pengfei & Swallow, Stephen K. & Johnston, Robert J., 2013. "Do Exurban Communities Want More Development?," Working Papers 25, University of Connecticut, Department of Agricultural and Resource Economics, Charles J. Zwick Center for Food and Resource Policy.
    3. Zack Dorner & Daniel A. Brent & Anke Leroux, 2019. "Preferences for Intrinsically Risky Attributes," Land Economics, University of Wisconsin Press, vol. 95(4), pages 494-514.
    4. Dahal, Ram P. & Grala, Robert K. & Gordon, Jason S. & Petrolia, Daniel R. & Munn, Ian A., 2018. "Estimating the willingness to pay to preserve waterfront open spaces using contingent valuation," Land Use Policy, Elsevier, vol. 78(C), pages 614-626.
    5. Johnston, Robert J., 2006. "Context Similarity and the Validity of Benefits Transfer: Is the Common Wisdom Correct?," 2006 Annual meeting, July 23-26, Long Beach, CA 21221, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    6. Dorner, Zach & Brent, Daniel A. & Leroux, Anke, 2016. "Eliciting Risk Preferences for Intrinsic Attributes," 2016 Annual Meeting, July 31-August 2, Boston, Massachusetts 236644, Agricultural and Applied Economics Association.
    7. Sahan T. M. Dissanayake & Andrew G. Meyer, 2021. "Incorporating Beliefs and Experiences into Choice Experiment Analysis: Implications for Policy Recommendations," Applied Economic Perspectives and Policy, John Wiley & Sons, vol. 43(2), pages 823-848, June.
    8. Cho, Seong-Hoon & Newman, David H. & Bowker, J.M., 2005. "Measuring rural homeowners' willingness to pay for land conservation easements," Forest Policy and Economics, Elsevier, vol. 7(5), pages 757-770, August.
    9. Cho, Seong-Hoon & Yen, Steven T. & Bowker, J.M. & Newman, David H., 2008. "Modeling Willingness to Pay for Land Conservation Easements: Treatment of Zero and Protest Bids and Application and Policy Implications," Journal of Agricultural and Applied Economics, Cambridge University Press, vol. 40(1), pages 267-285, April.
    10. Chattopadhyay, Sudip, 2009. "The random expenditure function approach to welfare in RUM: The case of hazardous waste clean-up," Resource and Energy Economics, Elsevier, vol. 31(1), pages 58-74, January.
    11. Thøgersen, John & Noblet, Caroline, 2012. "Does green consumerism increase the acceptance of wind power?," Energy Policy, Elsevier, vol. 51(C), pages 854-862.

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