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Testing transferability of willingness to pay for forest fire prevention among three states of California, Florida, and Montana

Author(s): John B. Loomis, Le Trong Hung, Armando Gonzalez-Caban
Year Published: 2005
Description:

The equivalency of willingness to pay between the states of California, Florida and Montana is tested. Residents in California, Florida and Montana have an average willingness to pay of $417, $305, and $382 for prescribed burning program, and $403, $230, and $208 for mechanical fire fuel reduction program, respectively. Due to wide confidence intervals, household WTP in the three states are not statistically different. Over all tests, there is mixed evidence on transferability, but California and Montana WTP are similar to each other for prescribed burning and Florida and Montana have similar values for the mechanical fuel reduction.

Citation: Loomis, John B.; Le, Hung T.; Gonzalez-Caban, Armando. 2005. Testing transferability of willingness to pay for forest fire prevention among three states of California, Florida, and Montana. Journal of Forest Economics. 11(3): 125-140.
Topic(s): Fire & Economics, Fuels, Fuel Treatments & Effects, Mechanical treatments, Prescribed Fire-use treatments
Ecosystem(s): Subalpine wet spruce-fir forest, Subalpine dry spruce-fir forest, Montane wet mixed-conifer forest, Montane dry mixed-conifer forest, Aspen woodland, Ponderosa pine woodland/savanna, Juniper woodland
Document Type: Book or Chapter or Journal Article
NRFSN number: 7960
FRAMES RCS number: 4600
Record updated: Jul 2, 2018