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Título: | Testing convergent validity in choice experiments: application to public recreation in Spanish Stone pine and Cork oak forests |
Autor: | Oviedo Pro, José Luis CSIC ORCID; Caparrós Gass, Alejandro CSIC ORCID ; Ruiz Gauna, Itziar CSIC; Campos Palacín, Pablo CSIC | Palabras clave: | Compensating variation Exchange value Non-market values Stated preferences |
Fecha de publicación: | jun-2015 | Editor: | Consejo Superior de Investigaciones Científicas (España) | Citación: | Instituto de Políticas y Bienes Públicos (IPP) CSIC, Working Paper 2015-04 | Resumen: | We perform two convergent validity tests in a choice experiment applied to public recreation in Stone pine and Cork oak forests in Spain. We compare choice and ranking recoded as a choice in an experiment with three alternatives plus status quo. Our results show convergent validity for both structural models and willingness to pay estimates. The same experiment includes two payment-vehicles, an entrance-fee to access the forest and an increase in trip-expenditures due to an increase in gas prices, simultaneously in the choice sets. We obtain significant differences in willingness to pay values, which are 2.6-2.7 times higher when using the latter. Our empirical results present compensating variations and the (simulated) exchange value that the forest owner would obtain if a payment system for accessing these forests were established. The latter values fall below the former ones. | Versión del editor: | http://ipp.csic.es/es/workpaper/testing-convergent-validity-choice-experiments-application-public-recreation-spanish-stone | URI: | http://hdl.handle.net/10261/223237 |
Aparece en las colecciones: | (CCHS-IPP) Informes y documentos de trabajo |
Ficheros en este ítem:
Fichero | Descripción | Tamaño | Formato | |
---|---|---|---|---|
2015_04_ippwp_oviedocaparrosruizcampos.pdf | Documento de trabajo | 2,45 MB | Adobe PDF | Visualizar/Abrir |
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