Wetlands

, Volume 31, Issue 2, pp 295–307 | Cite as

Preferences for Timing of Wetland Loss Prevention in Louisiana

  • Daniel R. Petrolia
  • Ross G. Moore
  • Tae-goun Kim
Article

Abstract

Data obtained through a contingent-valuation survey were used to analyze preferences for wetland-loss prevention in coastal Louisiana. Results indicate a strong preference for a short-run program over a long-run program or no action. Respondents that had higher incomes, were white, had prior knowledge of ongoing restoration efforts, and had confidence in government were more likely to vote yes relative to no action, as were those citing hurricane, environmental, or climate-change protection as their primary concern. Turnbull Lower-Bound median willingness to pay (willingness to accept compensation) was estimated at $3,547 ($5,313) per household for the short-run program and $2,765 ($5,101) per household for the long-run program.

Keywords

Contingent valuation Multinomial logit Turnbull Lower-Bound Wetland restoration 

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Copyright information

© Society of Wetland Scientists 2011

Authors and Affiliations

  • Daniel R. Petrolia
    • 1
  • Ross G. Moore
    • 2
  • Tae-goun Kim
    • 3
  1. 1.Department of Agricultural EconomicsMississippi State UniversityMississippi StateUSA
  2. 2.USDA - McNairy/Chester County Farm Service AgencySelmerUSA
  3. 3.Division of Maritime Transportation ScienceKorea Maritime UniversityBusanSouth Korea

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