Skip to Main Content
An economic analysis of localized pollution: rendering emissions in a residential settingAuthor(s): J. Michael Bowker; H.F. MacDonald
Source: Canadian Journal of Agricultural Economics, Vol. 41: 45-59
Publication Series: Miscellaneous Publication
PDF: Download Publication (883 KB)
DescriptionThe contingent value method is employed to estimate economic damages to households resulting from rendering plant emissions in a small town. Household willingness to accept (WTA) and willingness to pay (WTP) are estimated individually and in aggregate. The influence of household characteristics on WTP and WTA is examined via regression models. The perception of health risk is an important determinant of household valuation, while income appears insignificant. Both WTA and WTP results indicate that a potential pareto-improvement is possible with the incorporation of current abatement technology.
- You may send email to email@example.com to request a hard copy of this publication.
- (Please specify exactly which publication you are requesting and your mailing address.)
- We recommend that you also print this page and attach it to the printout of the article, to retain the full citation information.
- This article was written and prepared by U.S. Government employees on official time, and is therefore in the public domain.
CitationBowker, J. Michael; MacDonald, H.F. 1991. An economic analysis of localized pollution: rendering emissions in a residential setting. Canadian Journal of Agricultural Economics, Vol. 41: 45-59
- Why the WTA - WTP disparity matters
- Does prompting for revision influence subjects' offers in willingness to accept - willingness to pay lab experiments?
- The endowment effect and WTA: a quasi-experimental test
XML: View XML