Environmental and Resource Economics

, Volume 31, Issue 4, pp 477–499

Context-Sensitive Benefit Transfer Using Stated Choice Models: Specification and Convergent Validity for Policy Analysis

  • Yong Jiang
  • Stephen K. Swallow
  • Michael P. Mcgonagle
Article

Abstract.

Benefit transfer has been an important, practical policy tool appealing to government agencies, especially when time or budget is constrained. However, the literature fails to support convergent validity of benefit transfer using the stated-preference method. This empirical study conducts four convergent validity assessments of benefit transfer using the choice modeling method and data from Rhode Island and Massachusetts, regarding coastal land management. The comparisons evaluate how individual characteristics improve benefit transfer and yield insights relevant to research specifications to produce studies adaptable for transfer applications. Empirical tests show benefit transfer using choice modeling may be acceptable, and even empirically valid, depending on the policy objectives and the context.

Keywords

benefit transfer choice experiment convergent validity land management policy decision stated choice land conservation 

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Copyright information

© Springer 2005

Authors and Affiliations

  • Yong Jiang
    • 1
  • Stephen K. Swallow
    • 1
  • Michael P. Mcgonagle
    • 2
  1. 1.Department of Environmental and Natural Resources EconomicsUniversity of Rhode IslandKingstonUSA
  2. 2.Rhode Island Resource Recovery CorporationJohnstonUSA

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