Rural Amenity Values and Length of Residency

16 Pages Posted: 2 Apr 2020

See all articles by Robert J. Johnston

Robert J. Johnston

University of Connecticut - College of Agricultural, Health and Natural Resources

Stephen K. Swallow

University of Rhode Island - Department of Environmental and Natural Resource Economics

Timothy J. Tyrrell

University of Rhode Island - Department of Environmental and Natural Resource Economics

Dana Marie Bauer

University of Rhode Island - Department of Environmental and Natural Resource Economics

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Date Written: November 2003

Abstract

New residents of rural communities are often assumed to have preferences for development and conservation that differ from those of longer‐term residents. However, the literature offers little to quantify presumed preference heterogeneity. This article assesses whether stated preferences differ according to length of residency. Results are based on a conjoint (choice experiment) survey of Rhode Island rural residents. Heterogeneity—according to length of town residency—is modeled using dummy variables, multiplicative interactions, and Lagrangian interpolation polynomials. Results are compared across the three models, and identify a range of attributes for which willingness to pay depends on length of residency.

Keywords: contingent valuation, Lagrangian interpolation polynomial, length of residency, rural amenity values

Suggested Citation

Johnston, Robert J. and Swallow, Stephen K. and Tyrrell, Timothy J. and Bauer, Dana Marie, Rural Amenity Values and Length of Residency (November 2003). American Journal of Agricultural Economics, Vol. 85, Issue 4, pp. 1000-1015, 2003. Available at SSRN: https://ssrn.com/abstract=3566380 or http://dx.doi.org/10.1111/1467-8276.00503

Robert J. Johnston (Contact Author)

University of Connecticut - College of Agricultural, Health and Natural Resources ( email )

1080 Shennecossett Road
Groton, CT 06340-6048
United States
860-405-9278 (Phone)
860-405-9109 (Fax)

Stephen K. Swallow

University of Rhode Island - Department of Environmental and Natural Resource Economics ( email )

Kingston, RI 02881
United States

Timothy J. Tyrrell

University of Rhode Island - Department of Environmental and Natural Resource Economics ( email )

CELS-ENRE
Coastline Institution in Kingston
Kingston, RI 02881
United States
401-874-4580 (Phone)
401-782-4766 (Fax)

Dana Marie Bauer

University of Rhode Island - Department of Environmental and Natural Resource Economics ( email )

Kingston, RI 02881
United States

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