THE ECONOMETRICS OF NON-MARKET VALUATION
PLEASE NOTE: The data and programs on this page are for teaching and demonstration programs only. Any other uses of the data without prior approval of the authors of the data is prohibited.
Ted McConnell made this data available to us. The Montevideo data is used in examples in Chapters 4. A description of the data can be found on page 93.
The data is in an excel file entitled montevideo.xls.
A SAS (version 8.2) program to duplicate the examples in chapter 4 is available here: montevideo_c4.sas. The excel data set montevideo.xls is needed for this program (Thanks to Heechan Kang, Ohio State University for this program).
Click the following links for the chapter 4 LIMDEP (version 7.0) program (montevideo_c4.lim) and data files (montevideo_c4.lpj) (Thanks to Soo-Il Kim, Ohio State University for this program).
There are 1276 observations on 3 variables. They are:
BID: the offered payment (in US dollars)
YES: =1 if the respondent replied yes to the offered bid, 0 otherwise.
FAMINC: Annual family income (in US dollars)