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Preferences for Mitigation of the Negative impacts of the Oil and Gas Industry in the Niger Delta Region of Nigeria

Ukpong, I. G., Balcombe, Kelvin, Fraser, Iain M., Areal, F. J. (2019) Preferences for Mitigation of the Negative impacts of the Oil and Gas Industry in the Niger Delta Region of Nigeria. Environmental and Resource Economics, . ISSN 0924-6460. (doi:10.1007/s10640-019-00349-4)

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Abstract

We examine Nigerian preferences for the mitigation of negative impacts associated with oil and gas production using a discrete choice experiment. Our data are estimated using a Bayesian "infinite mixtures" model, which given its flexibility can approximate an array of existing model specifications including the mixed logit and finite mixture specifications. The application of this model to our data suggest multimodality in the distributions describing respondents' willingness to pay to mitigate the negative impacts of oil and gas production. Individuals are willing to pay for mitigation of negative impacts, but are not necessarily willing to trade-off very large increases in unemployment or poverty to achieve these benefits.

Item Type: Article
DOI/Identification number: 10.1007/s10640-019-00349-4
Uncontrolled keywords: Discrete Choice Experiment; Bayesian Infnite Mixture; Dirichlet Process; Nigeria
Subjects: H Social Sciences > HB Economic Theory
Divisions: Faculties > Social Sciences > School of Economics
Depositing User: Iain Fraser
Date Deposited: 07 May 2019 12:44 UTC
Last Modified: 01 Aug 2019 10:44 UTC
Resource URI: https://kar.kent.ac.uk/id/eprint/73781 (The current URI for this page, for reference purposes)
Fraser, Iain M.: https://orcid.org/0000-0002-4689-6020
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