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ID 45447
file
creator
Su Thet Hninn
subject
conjoint experiment
non-parametric welfare analysis
willingness-to-pay
JEL Codes: Q53
JEL Codes: Q56
JEL Codes: Q58
NDC
Economics
abstract
This study proposes a new approach to survey-based empirical welfare analysis, which combines a new design of the conjoint experiment of Hainmueller et al. (2014) and a non-parametric rational choice model. We focus on the welfare impact of a multi-attribute policy and report the identification result of the marginal component effect on the distribution of willingness-to-pay. As an illustration, the paper evaluates a water improvement policy package for the not previously analyzed floating settlements on Inlay Lake, Myanmar. Our estimation result shows that the average surplus gain from the lake water quality improvement is at least as large as 5.9% of the average annual per capita income of those on the lake. Moreover, attributes such as toilet provision have a clear welfare effect.
description
We gratefully acknowledge financial support for the study by the Hiroshima University TAOYAKA Program for creating a flexible, enduring, peaceful-society, funded by the Program for Leading Graduate Schools, Ministry of Education, Culture, Sports, Science and Technology and the Sumitomo Foundation #153421. In addition, the field experiment was in part financially supported by the Japanese Grant Aid for Human Resource Development Scholarship (JDS) Program.
journal title
IDEC DP2 Series
volume
Volume 7
issue
Issue 3
start page
1
end page
33
date of issued
2017-10-20
publisher
広島大学大学院国際協力研究科
language
eng
nii type
Departmental Bulletin Paper
HU type
Departmental Bulletin Papers
DCMI type
text
format
application/pdf
text version
publisher
department
Graduate School for International Development and Cooperation
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