Solid waste pollution concern in economic value assessment: is it uni-dimensional or multi-dimensional?
Pollution concern has been established as an important predictor of economic value ascription related to solid waste service improvement, such as recycling. However, the variable is not directly observable and as such, its influence is captured by existing applied economics papers via “yes” or “no”...
| Main Authors: | , , , , |
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| Format: | Article |
| Language: | English |
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Elsevier BV
2015
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| Online Access: | http://psasir.upm.edu.my/id/eprint/46333/1/Solid%20waste%20pollution%20concern%20in%20economic%20value%20assessment%3B%20Is%20it%20uni-dimensional%20or%20multi-dimensional_new.pdf |
| _version_ | 1825929674332569600 |
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| author | Adam, Shehu Usman Shamsudin, Mad Nasir Sidique, Shaufique F. Abdul Rahim, Khalid Radam, Alias |
| author_facet | Adam, Shehu Usman Shamsudin, Mad Nasir Sidique, Shaufique F. Abdul Rahim, Khalid Radam, Alias |
| author_sort | Adam, Shehu Usman |
| collection | UPM |
| description | Pollution concern has been established as an important predictor of economic value ascription related to solid waste service improvement, such as recycling. However, the variable is not directly observable and as such, its influence is captured by existing applied economics papers via “yes” or “no” discrete-nominal measure. Such measure assumes the variable has one dimension. This leads to loss of information, considering its multi-dimensional structure in theory. It thus implies that, if a respondent in an economic valuation study indicates a support for an improvement signified by a “yes” response to valuation question, a uni-dimensional dummy variable cannot tell what dimension of concern the respondent subscribes to. Despite this importance of understanding the variable’s dimension, it has rarely been explored. This study investigates such dimensions and our findings support the existence of both the theoretically espoused dual and tripartite factor models. This implies a possible misspecification in existing solid waste related studies that have most often captured the variables via uni-dimensional nominal-discrete measure. |
| first_indexed | 2024-03-06T09:00:10Z |
| format | Article |
| id | upm.eprints-46333 |
| institution | Universiti Putra Malaysia |
| language | English |
| last_indexed | 2024-03-06T09:00:10Z |
| publishDate | 2015 |
| publisher | Elsevier BV |
| record_format | dspace |
| spelling | upm.eprints-463332022-06-17T08:07:15Z http://psasir.upm.edu.my/id/eprint/46333/ Solid waste pollution concern in economic value assessment: is it uni-dimensional or multi-dimensional? Adam, Shehu Usman Shamsudin, Mad Nasir Sidique, Shaufique F. Abdul Rahim, Khalid Radam, Alias Pollution concern has been established as an important predictor of economic value ascription related to solid waste service improvement, such as recycling. However, the variable is not directly observable and as such, its influence is captured by existing applied economics papers via “yes” or “no” discrete-nominal measure. Such measure assumes the variable has one dimension. This leads to loss of information, considering its multi-dimensional structure in theory. It thus implies that, if a respondent in an economic valuation study indicates a support for an improvement signified by a “yes” response to valuation question, a uni-dimensional dummy variable cannot tell what dimension of concern the respondent subscribes to. Despite this importance of understanding the variable’s dimension, it has rarely been explored. This study investigates such dimensions and our findings support the existence of both the theoretically espoused dual and tripartite factor models. This implies a possible misspecification in existing solid waste related studies that have most often captured the variables via uni-dimensional nominal-discrete measure. Elsevier BV 2015-11 Article PeerReviewed text en http://psasir.upm.edu.my/id/eprint/46333/1/Solid%20waste%20pollution%20concern%20in%20economic%20value%20assessment%3B%20Is%20it%20uni-dimensional%20or%20multi-dimensional_new.pdf Adam, Shehu Usman and Shamsudin, Mad Nasir and Sidique, Shaufique F. and Abdul Rahim, Khalid and Radam, Alias (2015) Solid waste pollution concern in economic value assessment: is it uni-dimensional or multi-dimensional? Resources Conservation and Recycling, 104 (pt. A). pp. 49-60. ISSN 0921-3449; ESSN:1879-0658 https://www.sciencedirect.com/science/article/pii/S0921344915000294?via%3Dihub 10.1016/j.resconrec.2015.02.007 |
| spellingShingle | Adam, Shehu Usman Shamsudin, Mad Nasir Sidique, Shaufique F. Abdul Rahim, Khalid Radam, Alias Solid waste pollution concern in economic value assessment: is it uni-dimensional or multi-dimensional? |
| title | Solid waste pollution concern in economic value assessment: is it uni-dimensional or multi-dimensional? |
| title_full | Solid waste pollution concern in economic value assessment: is it uni-dimensional or multi-dimensional? |
| title_fullStr | Solid waste pollution concern in economic value assessment: is it uni-dimensional or multi-dimensional? |
| title_full_unstemmed | Solid waste pollution concern in economic value assessment: is it uni-dimensional or multi-dimensional? |
| title_short | Solid waste pollution concern in economic value assessment: is it uni-dimensional or multi-dimensional? |
| title_sort | solid waste pollution concern in economic value assessment is it uni dimensional or multi dimensional |
| url | http://psasir.upm.edu.my/id/eprint/46333/1/Solid%20waste%20pollution%20concern%20in%20economic%20value%20assessment%3B%20Is%20it%20uni-dimensional%20or%20multi-dimensional_new.pdf |
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