Valuing Local Public Goods with Advanced Stated Preference Models: Traffic Calming Schemes in Northern England

34 Pages Posted: 12 Dec 2001

See all articles by Riccardo Scarpa

Riccardo Scarpa

University of Waikato - Management School

Guy Garrod

Centre for Rural economy, Newcastle University

Kenneth G. Willis

CREAM, Centre for Research on Environmental Appraisal & Management, UK; University of Newcastle

Date Written: December 2001

Abstract

The paper reports the results of three stated preference surveys in urban-rural areas in Northern England. The objective is that of valuing the economic benefits from traffic calming schemes in two areas with different traffic problems from stated preference observations. Both choice-experiments and contingent valuation methods are employed using advanced modelling. Fixed and random coefficient utility models are estimated from responses of the choice-experiments, while double-bound spike models are used for contingent valuation. Welfare estimates from the different methods are compared. The role of accounting for repeated choices is found to be of relevance. Choice modelling is designed to disentangle the values of benefits from 5 major attributes of traffic calming schemes (noise abatement, speed control, community severance, aesthetic layout and tax burden).

Keywords: Keywords: Local public goods, non-market valuation, stated preference, choice experiments, traffic calming

Suggested Citation

Scarpa, Riccardo and Garrod, Guy and Willis, Kenneth G., Valuing Local Public Goods with Advanced Stated Preference Models: Traffic Calming Schemes in Northern England (December 2001). FEEM Working Paper No. 93.2001. Available at SSRN: https://ssrn.com/abstract=293682 or http://dx.doi.org/10.2139/ssrn.293682

Riccardo Scarpa (Contact Author)

University of Waikato - Management School ( email )

Hamilton
New Zealand

Guy Garrod

Centre for Rural economy, Newcastle University ( email )

United Kingdom

Kenneth G. Willis

CREAM, Centre for Research on Environmental Appraisal & Management, UK ( email )

University of Newcastle
NE1 7RU Newcastle Upon Tyne
United Kingdom

University of Newcastle

5 Barrack Road
Devonshire Building
NE1 7RU Newcastle upon Tyne, NE1 7RU
United Kingdom

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