Economic evaluation of bottled water consumption as an averting means: evidence from a hedonic price analysis

被引：11

作者：

He, Senhui ^{[2
]}

Jordan, Jeffrey ^{[3
]}

Paudel, Krishna ^{[1
]}

机构：

[1] Louisiana State Univ, Dept Agr Econ & Agribusiness, Baton Rouge, LA 70803 USA

[2] Amer Express, Phoenix, AZ USA

[3] Univ Georgia, Griffin, GA 30223 USA

来源：

APPLIED ECONOMICS LETTERS | 2008年 / 15卷 / 05期

关键词：

D O I：

10.1080/13504850600706040

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

This study alerts researchers and policy makers to the importance of the price effect of bottle size in an economic evaluation of using bottled water as a means to avoid health risks from drinking home tap water. It derived a proxy for the economic value of smaller bottle size by analysing a hedonic price model. The results show that, by not accounting for the economic value of smaller bottle size, we can overstate consumer willingness-to-pay for safer drinking water by more than 100%.

引用

收藏

页码：337 / 342

页数：6

相关论文

共 12 条

[1] Joint production and averting expenditure measures of willingness to pay: Do water expenditures really measure avoidance costs? [J].

Abrahams, NA ;

Hubbell, BJ ;

Jordan, JL .

AMERICAN JOURNAL OF AGRICULTURAL ECONOMICS, 2000, 82 (02) :427-437

[2] CHOICE OF FUNCTIONAL FORM AND THE DEMAND FOR AIR-QUALITY [J].

BENDER, B ;

GRONBERG, TJ ;

HWANG, HS .

REVIEW OF ECONOMICS AND STATISTICS, 1980, 62 (04) :638-643

[3] What explains Bordeaux wine prices? [J].

Cardebat, JM ;

Figuet, JM .

APPLIED ECONOMICS LETTERS, 2004, 11 (05) :293-296

[4]

Chowdhury ME, 1996, J AGR RESOUR ECON, V21, P82

[5] Estimation of a hedonic price equation for Burgundy wine [J].

Combris, P ;

Lecocq, S ;

Visser, M .

APPLIED ECONOMICS, 2000, 32 (08) :961-967

[6] Hedonic prices, goods-specific effects and functional form: Inferences from cross-section time series data [J].

Dickie, M ;

Delorme, CD ;

Humphreys, JM .

APPLIED ECONOMICS, 1997, 29 (02) :239-249

[7] THE ENVIRONMENTAL ECONOMIC-IMPACT OF WOODLAND - A 2-STAGE HEDONIC PRICE MODEL OF THE AMENITY VALUE OF FORESTRY IN BRITAIN [J].

GARROD, G ;

WILLIS, K .

APPLIED ECONOMICS, 1992, 24 (07) :715-728

[8] An economic analysis of groundwater contamination from agricultural nitrate emissions in southern Ontario [J].

Giraldez, C ;

Fox, G .

CANADIAN JOURNAL OF AGRICULTURAL ECONOMICS-REVUE CANADIENNE D ECONOMIE RURALE, 1995, 43 (03) :387-402

[9] CHOICE OF FUNCTIONAL FORM FOR HEDONIC PRICE EQUATIONS [J].

HALVORSEN, R ;

POLLAKOWSKI, HO .

JOURNAL OF URBAN ECONOMICS, 1981, 10 (01) :37-49

[10] Market and cost structure in the US beef packing industry: A plant-level analysis [J].

Paul, CJM .

AMERICAN JOURNAL OF AGRICULTURAL ECONOMICS, 2001, 83 (01) :64-76