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

Lookup NU author(s): Dr Francisco Areal

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This work is licensed under a Creative Commons Attribution 4.0 International License (CC BY 4.0).


Abstract

We examine Nigerian preferences for the mitigation of negative impacts associated with oil and gas production using a discrete choice experiment. We analyse the data 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 marginal willingness to pay distributions associated with mitigation policy characteristics. 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.


Publication metadata

Author(s): Ukpong IG, Balcombe KG, Fraser IM, Areal FJ

Publication type: Article

Publication status: Published

Journal: Environmental and Resource Economics

Year: 2019

Pages: ePub ahead of Print

Online publication date: 14/05/2019

Acceptance date: 07/05/2019

Date deposited: 17/05/2019

ISSN (print): 0924-6460

ISSN (electronic): 1573-1502

Publisher: Springer

URL: https://doi.org/10.1007/s10640-019-00349-4

DOI: 10.1007/s10640-019-00349-4


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