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Estimating the willingness to pay for Warmer and Drier Homes

Gibson, J.; Scarpa, R.; Rohorua, H.

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Authors

J. Gibson

H. Rohorua



Abstract

New Zealand is one of several countries to use subsidies for retrofitting insulation and installing improved heating devices such as heat pumps. The valuation of these devices by the affected populations remains unknown. We investigate willingness to pay for such devices, using a choice experiment with a sample of Pacific Islanders in the upper North Island. This is a high-risk group for respiratory disease, who typically rent crowded and inadequately heated dwellings. Using both conditional logit and panel mixed logit models, we find reasonably precise estimates of the willingness to pay for four improved heating and humidity control devices, which would cover the capital costs of two of the devices, and about three-quarters of the cost of the other two devices.

Citation

Gibson, J., Scarpa, R., & Rohorua, H. (2017). Estimating the willingness to pay for Warmer and Drier Homes. New Zealand Economic Papers, 51(1), 15-27. https://doi.org/10.1080/00779954.2015.1108356

Journal Article Type Article
Acceptance Date Oct 12, 2015
Online Publication Date Nov 7, 2015
Publication Date Jan 2, 2017
Deposit Date Jun 23, 2016
Publicly Available Date May 7, 2017
Journal New Zealand Economic Papers
Print ISSN 0077-9954
Electronic ISSN 1943-4863
Publisher Taylor and Francis Group
Peer Reviewed Peer Reviewed
Volume 51
Issue 1
Pages 15-27
DOI https://doi.org/10.1080/00779954.2015.1108356
Public URL https://durham-repository.worktribe.com/output/1409081

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