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Measuring the indirect costs associated with the establishment of a wind farm: An application of the Contingent Valuation Model

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Listed:
  • Gordon Menzies
  • Mario du Preez
  • Michael C. Sale
  • Stephen G. Hosking

Abstract

Although a green energy source, the location of electrical generating windmills may cause a disamenity effect (negative externality). The establishment of a wind farm is known as a locally undesirable land use (LULU) and leads to the not-in-my-backyard syndrome (NIMBY). In an application of the contingent valuation method, a willingness-to-accept framework was used to estimate […]

Suggested Citation

  • Gordon Menzies & Mario du Preez & Michael C. Sale & Stephen G. Hosking, 2011. "Measuring the indirect costs associated with the establishment of a wind farm: An application of the Contingent Valuation Model," Working Papers 258, Economic Research Southern Africa.
    • Handle: RePEc:rza:wpaper:258
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    References listed on IDEAS

    as
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    More about this item

    Keywords

    Infrastructure; Sustainable Developement Goals (SDG); Tourism and Development;
    All these keywords.

    JEL classification:

    • C25 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Discrete Regression and Qualitative Choice Models; Discrete Regressors; Proportions; Probabilities
    • Q42 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Alternative Energy Sources

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