| ID | 091581 |
| Title Proper | Influence of home-site factors on residents' willingness to pay |
| Other Title Information | an application for power generation from scrubland in Galicia, Spain |
| Language | ENG |
| Author | Solino, Mario ; Farizo, Begoña A. ; Campos, Pablo |
| Publication | 2009. |
| Summary / Abstract (Note) | The main objective of this paper is to measure how much home-site factors can help to explain the individual WTP for an environmental improvement in power generation in Galicia, Spain. The results show that home-site variables such as a dispersed population, local community income, population growth and coastal/inland emplacements have significant effects on the residents' WTP. Individual and home-site models are compared using goodness-of-fit measures, and implications for forestry resources management and energy planning are discussed. The results favor to take into account the home-site variables into the WTP function. Moreover, a different structure of preferences for coastal and inland inhabitants is identified. A cross-validity analysis shows that some home-site coefficients are common to both sub-samples, but the scale parameters are not homogenous. This analysis could be useful to inform and support the public energy policy when designing incentives that promote the electric use of biomass. |
| `In' analytical Note | Energy Policy vol. 37, No. 10; Oct 2009: p4055-4065 |
| Journal Source | Energy Policy vol. 37, No. 10; Oct 2009: p4055-4065 |
| Key Words | Contingent Valuation ; Cross Validity ; Power Production ; Forest Biomass ; Spain |