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Willingness to Pay for Agricultural Research and Extension Programs

Published online by Cambridge University Press:  28 April 2015

John C. Whitehead
Affiliation:
Department of Economics, East Carolina University, Greenville, North Carolina
Thomas J. Hoban
Affiliation:
Department of Sociology and Anthropology, North Carolina State University, Raleigh, North Carolina
William B. Clifford
Affiliation:
Department of Sociology and Anthropology, North Carolina State University, Raleigh, North Carolina

Abstract

The North Carolina Agriculture Survey was designed to estimate the willingness to pay for agricultural research and extension programs. We find that North Carolina households are willing to pay between $218 and $401 million for food production programs and between $251 and $698 million for water quality programs annually. We find evidence of divergent validity and differences in the willingness to pay estimates from the single-bound and multiple-bound data.

Type
Articles
Copyright
Copyright © Southern Agricultural Economics Association 2001

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