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Improving Value Transfer Through Socio-Economic Adjustments in a Multicountry Choice Experiment of Water Conservation Alternatives
Roy Brouwer
Julia Martin-Ortega
Thijs Dekker
Laura Sardonini
Joaquin Andreu
Areti Kontogianni
Michalis Skourtos
Meri Raggi
Davide Viaggi
Manuel Pulido-Velazquez
John Rolfe
Jill Windle
出版
SSRN
, 2015
URL
http://books.google.com.hk/books?id=623jzwEACAAJ&hl=&source=gbs_api
註釋
This study tests the transferability of the nonmarket values of water conservation for domestic and environmental purposes across three south European countries and Australia applying a common choice experiment design. Different approaches are followed to test the transferability of the estimated values, aiming to minimise transfer errors for use in policy analysis, comparing both single- and multicountry transfers, with and without socio-economic adjustments. Within Europe, significant differences are found between implicit prices for environmental water use, but not for domestic water use. In the Australian case study, alleviating restrictions on domestic water use has no significant value. Pooling the three European samples improves the transferability of the environmental flow values between Europe and Australia. Results show that a reduction in transfer error is achieved when controlling for unobserved and observed preference heterogeneity in the single- and multicountry transfers, providing additional support for the superiority of socio-economic adjustment procedures in value transfer.