文章基本信息

标题：Estimating Ricardian Models With Panel Data
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作者：Massetti, Emanuele ; Mendelsohn, Robert
期刊名称：Journal of Agribusiness
印刷版ISSN：0738-8950
出版年度：2011
出版社：Journal of Agribusiness
摘要：Many nonmarket valuation models, such as the Ricardian model, have been estimated using cross sectional methods with a single year of data. Although multiple years of data should increase the robustness of such methods, repeated cross sections suggest the results are not stable. We argue that repeated cross sections do not properly specify the model. Panel methods that correctly specify the Ricardian model are stable over time. The results suggest that many cross sectional methods including hedonic studies and travel cost studies could be enhanced using panel data.
关键词：Climate Change;Impacts;Agriculture;Hedonic Models