Valuing water quality as a function of water quality measures

Kevin J. Egan, Joseph A. Herriges, Catherine L. Kling, John A. Downing

Research output: Contribution to journalArticle

74 Scopus citations

Abstract

Employing a unique and rich data set of water quality attributes in conjunction with detailed household characteristics and trip information, we develop a mixed logit model of recreational lake usage and undertake thorough model specification and fitting procedures to identify the best set of explanatory variables, and their functional form for the estimated model. Our empirical analysis shows that individuals are responsive to the full set of water quality measures used by biologists to identify the impaired status of lakes. Thus, changes in these quality measures are not simply a scientific exercise, but they also translate into changes in the recreational usage patterns and well-being of individual households. Willingness-to-pay (WTP) estimates are reported based on improvements in these physical measures.

Original languageEnglish (US)
Pages (from-to)106-123
Number of pages18
JournalAmerican Journal of Agricultural Economics
Volume91
Issue number1
DOIs
StatePublished - 2009
Externally publishedYes

Keywords

  • Nonmarket valuation
  • Recreation demand
  • Water quality

Fingerprint Dive into the research topics of 'Valuing water quality as a function of water quality measures'. Together they form a unique fingerprint.

  • Cite this