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Adopt a hypothetical pup’: A count data approach to the valuation of wildlife

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  • Roberto Martinez-Espineira

    (St Francis Xavier University)

Abstract

The willingness to pay for a coyote conservation program is estimated using a novel payment-vehicle, based on how many oyotes respondents would be willing to sponsor. This hypothetical scenario mimics an increasingly popular type of actual market. Data from a phone survey conducted in Prince Edward Island are analyzed using count data models that consider different processes explaining zero responses and the level of positive responses. This is particularly important in the case of coyotes, often regarded as a bad. Estimates of willingness to pay per coyote around $18-$20 and annual consumer surplus per respondent of about $35-$42 are obtained.

Suggested Citation

  • Roberto Martinez-Espineira, 2004. "Adopt a hypothetical pup’: A count data approach to the valuation of wildlife," Others 0410001, University Library of Munich, Germany.
    • Handle: RePEc:wpa:wuwpot:0410001
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    More about this item

    Keywords

    coyotes; wildlife; contingent valuation; count data; zero- inflation;
    All these keywords.

    JEL classification:

    • Q20 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - General
    • Q26 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Recreational Aspects of Natural Resources

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