Ngugi, Daniel; Mullen, Jeffrey D.; Bergstrom, John C. - Agricultural and Applied Economics Association - AAEA - 2008
under risk neutrality. The econometric land use model was analyzed as an equation by equation SURE model as all the … independent variables were the same for both equations. In analyzing effect of land use change on water quality, we took year 2005 … as our baseline and postulated three land use scenarios. We applied Benefit Transfer techniques to value water quality …