Willingness to Pay for Precision Application Technology: The Case of Mississippi

Journal of Agricultural and Resource Economics, Vol. 27, No. 2, December 2002

Posted: 14 Jul 2003

See all articles by Diane Hite

Diane Hite

Auburn University - Department of Agricultural Economics and Rural Sociology

Darren Hudson

Mississippi State University - Department of Agricultural Economics

Walaiporn Intarapapong

Mississippi State University - Department of Agricultural Economics

Abstract

A contingent valuation survey conducted in Mississippi is used to assess public willingness to pay for reductions in agricultural nonpoint pollution. We focus on implementation of a policy to provide farmers with precision application equipment to reduce nutrient runoff. Findings suggest public support exists for such policies. This paper also finds that inclusion of debriefing questions can be used to refine willingness-to-pay estimates in contingent valuation studies. Nonparametric and econometric scope tests suggests respondents are sensitive to level of runoff reduction and associated water-quality benefits.

Keywords: Contingent Valuation, Econometrics, Site-Specific Management, Variable Rate Technology

JEL Classification: Q26, Q25, Q28

Suggested Citation

Hite, Diane and Hudson, Darren and Intarapapong, Walaiporn, Willingness to Pay for Precision Application Technology: The Case of Mississippi. Journal of Agricultural and Resource Economics, Vol. 27, No. 2, December 2002, Available at SSRN: https://ssrn.com/abstract=414201

Diane Hite (Contact Author)

Auburn University - Department of Agricultural Economics and Rural Sociology ( email )

Comer Hall
Auburn, AL 36849
United States
334-844-5655 (Phone)
334-844-5639 (Fax)

Darren Hudson

Mississippi State University - Department of Agricultural Economics ( email )

Box 5187
Mississippi State, MS 39762
United States
(662) 325-7998 (Phone)
(662) 325-6614 (Fax)

HOME PAGE: http://www.agecon.msstate.edu/hudson/

Walaiporn Intarapapong

Mississippi State University - Department of Agricultural Economics ( email )

Box 5187
Mississippi State, MS 39762
United States

Do you have a job opening that you would like to promote on SSRN?

Paper statistics

Abstract Views
1,001
PlumX Metrics