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논문 리스트

2013
Valuation on Attributes of Milk Produced under Farm Animal Welfare Valuation on Attributes of Milk Produced under Farm Animal Welfare
한국농업경제학회
배정환
논문정보
Publisher
농업경제연구
Issue Date
2013-12-31
Keywords
-
Citation
-
Source
-
Journal Title
-
Volume
54
Number
5
Start Page
215
End Page
242
DOI
ISSN
05496047
Abstract
A choice experiment (CE) has been popularly applied to various fields, including environmental economics and agricultural economics. Concerning farm animal welfare (FAW), there have been several valuation studies, yet, the CE has rarely been employed to estimate the willingness to pay (WTP) for individual attributes of FAW. This study attempts to apply the CE in order to estimate WTP for FAW, which uses a mixed logit model, allowing for correlations among random coefficients of attributes of FAW. A panel logit and rank ordered logit models were employed to compare the estimates with those based on the mixed logit model. The estimation results show that mixed logit with allowing for correlations among random parameters is best fitted based on the AIC test and direct use value (banning usage of hormone) was evaluated more highly than indirect use value (providing balanced feed or humane breeding space) associated with the attributes of FAW. Furthermore, positive correlations exist among the random coefficients of the attributes.

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이름 소속
배정환 경제학과