Accounting for environmental attitude to explain variations in willingness to pay for forest ecosystem services using the new environmental paradigm

No Thumbnail Available
File version
Author(s)
Taye, Fitalew Agimass
Vedel, Suzanne Elizabeth
Jacobsen, Jette Bredahl
Griffith University Author(s)
Primary Supervisor
Other Supervisors
Editor(s)
Date
2018
Size
File type(s)
Location
License
Abstract

In the environmental psychology literature, the new environmental paradigm (NEP) scale has been used to measure environmental attitude as a multidimensional concept. This study is conducted based on this multidimensionality concept to analyse willingness to pay for forest management targeting non-use value ecosystem services. In most previous studies, the NEP scale has been considered as a unidimensional measure and directly incorporated into the modelling. Here, we outline the relevance of considering such multidimensionality of the NEP scale using a different modelling procedure. This is performed following two modelling approaches (1) a random parameters logit model where the NEP score is incorporated directly and (2) a hybrid choice model in which latent variables identified from the NEP scale are incorporated in simultaneous equations setup. In both models, the environmental attitude influences preferences and willingness to pay estimates, but the first one ignoring the multidimensionality tends to exaggerate its impact. The hybrid choice model shows slightly lower statistical performance. However, in this model, the use of two latent variables reveal a non-uniform effect and thereby clearly shows the relevance of considering a multidimensional NEP scale for a better understanding of variations.

Journal Title

Journal of Environmental Economics and Policy

Conference Title
Book Title
Edition
Volume

7

Issue

4

Thesis Type
Degree Program
School
Publisher link
Patent number
Funder(s)
Grant identifier(s)
Rights Statement
Rights Statement
Item Access Status
Note
Access the data
Related item(s)
Subject

Applied economics

Science & Technology

Life Sciences & Biomedicine

Environmental Studies

Environmental Sciences & Ecology

Anthropocentrism

Persistent link to this record
Citation

Taye, FA; Vedel, SE; Jacobsen, JB, Accounting for environmental attitude to explain variations in willingness to pay for forest ecosystem services using the new environmental paradigm, Journal of Environmental Economics and Policy, 2018, 7 (4), pp. 420-440

Collections