Abstract
The purpose of this paper is to test the transferability of benefit estimates and benefit functions obtained at two different sites, Kanagawa and Tokyo. An empirical comparison is presented by applying contingent valuation method and choice modeling to value environmental quality improvement by a hypothetical headwater conservation tax. In this study, two policy instruments, forest conservation and construction of sewerage facilities, were bundled into a single policy package. Questionnaires were mailed to samples of residents of Kanagawa and Tokyo in March 2003. Of 576 samples, 373 completed and retuned the questionnaires. Empirical results of benefit transfer demonstrated that both benefit estimates and functions were not significantly different from each other.
