scholarly journals Assessment of the willingness of households to pay for clean water use in Cang Long district, Tra Vinh province

2019 ◽  
Vol 02 ◽  
pp. 12-18
Author(s):  
Dung C. Le
Keyword(s):  
Willingness To Pay ◽  
Water Use ◽  
Rural Areas ◽  
Negative Impact ◽  
Contingent Valuation Method ◽  
Clean Water ◽  
Minimum Volume ◽  
Factors Affecting ◽  
Valuation Method ◽  
The Mean

This study aimed to estimate the willingness of households to pay for domestic clean water use against its price in rural areas of Cang Long district, Tra Vinh province. This research also identified the possibility and factors affecting the willingness to pay for a given price of 6,500 VND or above per m3 of clean water. A contingent valuation method with multiple prices (bidding game) ranging from VND 5,000 to VND 9,000 per m3 of clean water was applied to interview 120 households in Cang Long district. Results showed that the mean willingness to pay was VND 6,200 for each m3 of clean water used. The income positively affected the willingness to pay against the price of 6,500 VND or above whereas the household size had a negative impact on this parameter. It is suggested that the service provider should consider to extent the minimum volume of water used up to 10 m3/month instead of 4 m3/month in accordance with the minimum price of 5,700 VND per m3 of water used.

scholarly journals Household’s Willingness to Pay for the Expansion of Mataasna Bayan and Sinisian East Marine Protected Area in Lemery, Batangas, Philippines

2020 ◽  
pp. 123-134
Author(s):  
Buncag, Mark Joseph J. ◽  
Capunitan, Mary Joy D. ◽  
De Guzman, Angela M. ◽  
Ilagan, Ma. Patricia B. ◽  
Magpantay, Angelica T ◽  
...  
Keyword(s):  
Willingness To Pay ◽  
Protected Area ◽  
Marine Protected Area ◽  
Contingent Valuation Method ◽  
Fish Habitat ◽  
Social Benefit ◽  
Factors Affecting ◽  
Valuation Method ◽  
The Mean ◽  
Socio Economic Variables

The study was conducted primarily to 1) identify the socio-economic and the knowledge, attitude and perception (KAP) factors that affect the WTP of the households; 2) determine the socio-economic factors affecting the KAP of households; and 3) determine the mean willingness to pay (WTP) of households of four barangays of Lemery, Batangas: Mataasna Bayan and Sinisian East as on-site barangays and Balanga and Sinisian West as off-site barangays of the Marine Protected Area (MPA). A total of 316 respondents were surveyed following the contingent valuation method (CVM). Results showed that the mean WTP of the respondents amounts to PhP 46.47 per month. Among factors influencing their WTP are KAP variables such as knowledge on MPA, knowledge on MPA as fish habitat, perception on the need of MPA protection led by the Barangay, perception if there is anything to be changed in MPA management, and socio-economic variables like gender, income-expenses ratio and distance from the MPA. Using the mean WTP, the computed social benefit derived by the on-site and off-site MPA communities from coral reef conservation-based from their WTP amounted to PhP 999,215.734 per year.

scholarly journals Economic Valuation of Green Electricity Sources in Pakistan

2020 ◽  
Vol 10 (3) ◽  
pp. 47
Author(s):  
Muhammad-Jawad Iqbal ◽  
Abdul-Rahim Samad Abdul
Keyword(s):  
Willingness To Pay ◽  
Rural Areas ◽  
Contingent Valuation Method ◽  
Renewable Energy Sources ◽  
Economic Valuation ◽  
Green Electricity ◽  
The Sustainable Development ◽  
Valuation Method ◽  
Bid Price ◽  
The Government

Green electricity, which comes from renewable sources such as wind, hydro and solar, are well appreciated for their being environment friendly. The advantage of these sources are apparent in part of already natural environment. Moreover, this modern form of electricity also contributes in the poverty alleviation in developing countries, which is one of the sustainable development goals (SDG). The objective of this study is to explore electricity consumers’ willingness to pay for the sustainable energy by employing the contingent valuation method (CVM). The respondents were divided into two broad categories of urban and rural consumers. A total of 400 respondents from urban and 405 respondents from rural areas were selected for this study. The CVM calculated the overall price of green electricity for the improvement of environment through increasing the share of electricity from renewable energy sources. The widely used WTP measure double-bounded dichotomous was utilised to elicit the appropriate value of green electricity from the bid price. The results from the logit regressions showed that the respondents with high income and a higher level of education are willing to pay more for green electricity in both urban and rural models. However, results also revealed that the willingness to pay for green electricity is high in younger people than older people. The mean willingness to pay has found 0.33 cents per kWh in the urban model, while is 0.24 in the rural model. The results provided a guideline to the government to charge an appropriate surcharge from the consumers in order to enhance the share of green electricity in energy mix.

scholarly journals Consumers’ willingness to pay for organic products in Thailand

2015 ◽  
Vol 42 (5) ◽  
pp. 480-510 ◽  
Author(s):  
Yaowarat Sriwaranun ◽  
Christopher Gan ◽  
Minsoo Lee ◽  
David A Cohen
Keyword(s):  
Willingness To Pay ◽  
Contingent Valuation Method ◽  
Good Health ◽  
Content Type ◽  
Factors Affecting ◽  
Valuation Method ◽  
Organic Products ◽  
Products Analysis ◽  
Jasmine Rice ◽  
The City

Purpose – The purpose of this paper is to investigate factors affecting consumers’ willingness to pay (WTP) a premium for organics. Design/methodology/approach – A self-administered questionnaire was used to collect data at five retail stores in metropolitan Bangkok. Exploratory factor analysis and the double-bound contingent valuation method were used for analysis. Findings – Results indicate WTP premiums of 88, 51 and 51 per cent for kale, jasmine rice and pork, respectively. Analysis indicates that respondents are willing to pay a premium if they have already purchased organic products, have good health, strong ethical and environmental concerns, think that organic products provide greater quality and health benefits, and reside in the city. Respondents with children, however, are less likely to pay a premium for organic products. Analysis also indicates that the price premium hinders purchase. Practical implications – Efforts should be made by policymakers, together with marketers and producers, to lower the price of organic products to attract more consumers. Originality/value – To enlarge the organic market, one must understand consumers’ preferences for organic products and the premium they will pay for them. This is not well-researched. Though several studies have investigated consumers’ behaviour towards environmentally friendly products in Thailand, there is little research on WTP. This lack is a major impediment to the growth of organic consumption and the development of organic product markets.

scholarly journals Consumers’ Willingness to Pay for Cassava Flour Inclusion in Bread, a Case Study of Lagos State, Nigeria

2015 ◽  
Vol 4 (2) ◽  
pp. 92
Author(s):  
Erih E. A. ◽  
Oni O. A. ◽  
Fashogbon A. E.
Keyword(s):  
Willingness To Pay ◽  
Contingent Valuation Method ◽  
Probit Model ◽  
Cassava Flour ◽  
Bivariate Probit Model ◽  
Valuation Method ◽  
Lagos State ◽  
The Mean ◽  
Structured Questionnaire

<p>The study was conducted to address the issue of consumers’ willingness to pay for inclusion of cassava flour in bread in Lagos State. The data were collected randomly from a sample of 300 respondents in the state through the use of a well structured questionnaire. The contingent valuation method was adopted to estimate both the mean willingness to pay of consumers and the factors that affect their willingness to pay and these were analyzed using the bivariate probit model. The most significant model was the 10percent cassava flour inclusion as it has the highest number of significant variables (eight) followed by 20percent cassava flour inclusion with seven significant variables and 30 and 40percent cassava flour inclusion with six significant variables each. The factors that influenced consumers’ willingness to pay for CCW bread were the respondent’s age, gender, respondents’ awareness, married respondents, respondents with head position<em>,</em>and bread share which is the<em> </em>proportion of respondents income spent on bread to total income. The mean willingness to pay for bread with an inclusion of cassava flour at 10, 20, 30, and 40percent cassava flour inclusion were ?172.70, ?165.00, ?154.07, and ?142.78 respectively for initial bid while the mean willingness-to-pay at 10, 20, 30, and 40percent cassava flour inclusion were ?180.20, ?150.41, ?143.35, and ?127.36 respectively for subsequent bid. Arising from the result of this study, birth control policies were recommended among respondents in the study area.</p>

scholarly journals Willingness to Pay for Teledermoscopy Services at a University Health Center

2018 ◽  
Vol 5 (3) ◽  
pp. 212-218 ◽  
Author(s):  
T S Raghu ◽  
James Yiannias ◽  
Nita Sharma ◽  
Allan L Markus
Keyword(s):  
Willingness To Pay ◽  
Health Center ◽  
Contingent Valuation Method ◽  
Cost Savings ◽  
Likelihood Estimation ◽  
Estimation Procedure ◽  
College Health ◽  
Study Objective ◽  
Valuation Method ◽  
The Mean

Background: The study objective was to investigate the willingness to pay (WTP) for teledermoscopy services among students at a university health center. The hypothesis was that WTP for teledermoscopy among students would exceed the costs for traditional consultation. Methods: Between November 2013 and May 2014, students at a university health center were surveyed for their perceptions of teledermoscopy. One set of responses was collected from students visiting the health center for any reason (anonymous sample). An additional set of responses was collected from students visiting for dermatologic lesions (in-person sample). A contingent valuation method with a maximum likelihood estimation procedure was used to estimate the WTP distribution. Results: A total of 214 surveys were collected for the anonymous sample and 41 responses for the in-person sample. The mean (standard deviation [SD]) WTP for the anonymous sample was $55.27 ($39.11; 95% confidence interval [CI]: $49.99-$60.55). The mean (SD) WTP for the in-person sample was $52.37 ($26.56; 95% CI: $43.99-$60.75). Median WTP for the 2 samples was similar: $48.84 and $48.01. Conclusions: We conclude that students would be willing to pay for teledermoscopy services that would provide the potential for significant system cost savings. This may be especially true in college health or similar settings where dermatology services may not be available.

scholarly journals Evidence for Mangrove Restoration in the Mahakam Delta, Indonesia, Based on Households’ Willingness to Pay

2017 ◽  
Vol 9 (3) ◽  
pp. 30 ◽  
Author(s):  
Heru Susilo ◽  
Yoshifumi Takahashi ◽  
Mitsuyasu Yabe
Keyword(s):  
Willingness To Pay ◽  
Contingent Valuation Method ◽  
Local Communities ◽  
Mangrove Restoration ◽  
Factors Affecting ◽  
Restoration Project ◽  
Valuation Method ◽  
Local Residents ◽  
Transfer Method ◽  
Mahakam Delta

Mangroves provide multiple benefits for local communities’ livelihoods. However, in the Mahakam delta mangroves have declined considerably. This study examines the factors affecting households’ willingness to pay (WTP) for mangrove restoration in three villages in the Mahakam delta and determines whether a mangrove restoration project would be viable and should be implemented in the study area or not. The contingent valuation method was applied through a double-bound dichotomous choice format to estimate the WTP for mangrove restoration. The results showed that over 80% of perception of respondents considered the benefits of mangroves were essential that associated with their livelihoods. Local residents tended to be willing to pay more for mangrove restoration when they acknowledged the benefits of mangroves and when they felt that the sustainability of mangrove ecosystems was their responsibility. The benefits transfer method was also used to estimate the costs and benefits of an ongoing mangrove restoration project in the study area. The benefits provided by mangroves, as estimated based on households’ WTP, clearly outweighed the costs for the mangrove restoration project. We conclude that mangrove restoration should be implemented in the study area by increasing local communities’ awareness and responsibility to protect and manage the mangrove a sustainable.

scholarly journals Consumers Willingness to Pay and Factors Affecting Organic Vegetable Purchasing Decisions

2021 ◽  
Vol 4 (1) ◽  
pp. 01-12
Author(s):  
Sholvia Dwi Rahayuningsih ◽  
Anas Tain
Keyword(s):  
Willingness To Pay ◽  
Sampling Method ◽  
Healthy Lifestyle ◽  
Contingent Valuation Method ◽  
Modern Society ◽  
Purchasing Decisions ◽  
Quality Factors ◽  
Factors Affecting ◽  
Valuation Method ◽  
Organic Vegetables

Along with the development of modern society, it is increasingly aware of a healthy lifestyle. This is indicated by the increasing interest in organic products. The research objective was to determine the characteristics of consumers, the value of willingness to pay and the factors that influence the value of willingness to pay consumers to buy organic vegetables in Malang with the hope of helping CV. Kurnia Kitri Ayu Farm. This study uses nonprobability sampling with accidental sampling method. The data that has been collected is then analyzed quantitatively and qualitatively. Quantitative data were analyzed using the Contingent Valuation Method (CVM) and Factor Test. Qualitative data is presented in graphs and tables. The results showed that the value of willingness to pay (Willingness To Pay) for organic vegetables for kale was IDR 5,870 per 200 grams, for green spinach IDR 5,925 per 200 grams, for caisim commodity IDR 6,000 per 200 grams, while the TWTP value was IDR . 158,500 for kale, Rp. 160,000 for green spinach, and Rp. 162,000 for caisim. The factors that influence willingness to pay are lifestyle factors with an eigenvalue of 3.776, quality factors with an eigenvalue of 2.195, habit factors with an eigenvalue of 1.762, a reference factor with an eigenvalue of 1.184, and comfort and trust factors with an eigenvalue of 1.036.

Assessment of the Value of Air Quality Improvement in Tehran

2017 ◽  
Vol 19 (04) ◽  
pp. 1750018
Author(s):  
Mohamad Hadian ◽  
Mahya Razimoghadam ◽  
Ali Abutorabi
Keyword(s):  
Quality Improvement ◽  
Air Quality ◽  
Willingness To Pay ◽  
Public Transportation ◽  
Contingent Valuation Method ◽  
Capital City ◽  
Positive Effects ◽  
Valuation Method ◽  
Air Quality Improvement ◽  
The Mean

Air pollution in Tehran, the capital city of Iran, has led to poor air quality, with consequences for the health of residents. This study uses a contingent valuation method to estimate the willingness to pay of Tehran’s residents for air quality improvement. Open-ended and stochastic payment card approaches were used to determine the willingness to pay of the sample. The mean individual willingness to pay for a specified air quality improvement was approximately US $6.40 per month, and the variance of the willingness to pay was approximately U.S. $4, as estimated using the SPC approach. Open-ended questions revealed that the mean individual willingness to pay was approximately U.S. $4 per month. Significant positive effects of income, use of public transportation, marriage, job and health status on the mean willingness to pay were observed. Although most respondents believed that air quality improvement is the government’s responsibility, they are willing to bear the cost as a supplement to achieve better air quality.

scholarly journals Willingness to Pay for Forest Existence Value and Sustainability

2020 ◽  
Vol 12 (3) ◽  
pp. 891 ◽  
Author(s):  
Dastan Bamwesigye ◽  
Petra Hlavackova ◽  
Andrea Sujova ◽  
Jitka Fialova ◽  
Petr Kupec
Keyword(s):  
Willingness To Pay ◽  
Sex Education ◽  
Contingent Valuation Method ◽  
Main Hypothesis ◽  
Existence Value ◽  
Valuation Method ◽  
Existence Values ◽  
The Mean ◽  
Cross Tabulation ◽  
Household Incomes

Uganda is richly endowed with flora and fauna. Until the early 2000s, most of the types of vegetation have remained natural/virgin forests and shrubs until recent years, when human activities have damaged them. Understanding the different ways that people value such endangered forest resources is very important. The main hypothesis in our study is that willingness to pay (WTP) for forest existence value and sustainability depends on the preference for the same values. In addition, we examined socioeconomic characteristics, such as sex, education, and household incomes, which could influence the WTP for forest existence value and sustainability. We carried out field questionnaire interviews with the aim of ascertaining Willingness to Pay (WTP) for forest existence. The WTP values were in a range between 1 and 200 USD based on the contingent valuation method (CVM). A sample with a size of 203 was interviewed in selected towns and villages in Uganda, and the data collected were subjected to statistical analysis. The cross-tabulation of the expressed preferences illustrates that 81.9% of the representative sample are willing to pay for forest existence value and sustainability. We concluded that the willingness to pay for forest existence significantly depends on the preference for forest existence values and sustainability. Our results equally express that the mean WTP in this region is 15 USD per year and that over 60% are willing to pay this amount. The socioeconomic determinants’ results demonstrate heterogeneity and that over 90% of the respondents are willing to pay for forest existence, conservation, and sustainability.

scholarly journals Analysis of Willingness to Pay Integrated Waste Management

2019 ◽  
Vol 2 (2) ◽  
pp. 461-468
Author(s):  
Tionarta Bakara ◽  
Prasetyo Ari Bowo
Keyword(s):  
Waste Management ◽  
Willingness To Pay ◽  
Contingent Valuation ◽  
Contingent Valuation Method ◽  
Education Level ◽  
Primary Data ◽  
Management Service ◽  
Factors Affecting ◽  
Valuation Method ◽  
The Family

Waste volume in Semarang City increases every year. Local Regulation Number 6 Year 2012 forces households to reduce waste through 3R. 83% pre-survey citizens in West Semarang District have not done it yet. It needs an improvement on waste management. The purpose of this research is to know the citizen’s willingness to pay rate of West Semarang District on waste management improvement and to analyze the factors affecting willingness to pay. The data used in this research is Primary Data. The population in this research is 100 households in West Semarang District. Data collection method is using interview. Data analysis method is using Contingent Valuation Method and multiple  linear regression. The result shows that 68 respondents are willing to pay and 32 respondents are not. The amount of willingness to pay is Rp16.838. Influencing factors of willingness to pay are education level and staying duration. The recommendation of this research is the higher willingness to pay should be followed by better management service. Citizens can improve willingness to pay by having higher education level so that they realize the importance of maintaining environment. To increase willingness to pay, the higher family members the more they should have a good knowledge so that their perception about the payment based on head of the family will decrease. Volume sampah di Kota Semarang meningkat setiap tahun. Peraturan Daerah Nomor 6 Tahun 2012 memaksa rumah tangga untuk mengurangi limbah melalui 3R. 83% warga pra-survei di Kabupaten Semarang Barat belum melakukannya. Perlu perbaikan dalam pengelolaan limbah. Tujuan dari penelitian ini adalah untuk mengetahui kesediaan warga untuk membayar tarif Kabupaten Semarang Barat pada peningkatan pengelolaan limbah dan untuk menganalisis faktor-faktor yang mempengaruhi kesediaan untuk membayar. Data yang digunakan dalam penelitian ini adalah Data Primer. Populasi dalam penelitian ini adalah 100 rumah tangga di Kabupaten Semarang Barat. Metode pengumpulan data menggunakan wawancara. Metode analisis data menggunakan Metode Contingent Valuation dan regresi linier berganda. Hasilnya menunjukkan bahwa 68 responden bersedia membayar dan 32 responden tidak. Jumlah kemauan untuk membayar adalah Rp16.838. Faktor-faktor yang mempengaruhi kemauan untuk membayar adalah tingkat pendidikan dan durasi tinggal. Rekomendasi dari penelitian ini adalah semakin tinggi kesediaan untuk membayar harus diikuti oleh layanan manajemen yang lebih baik. Warga dapat meningkatkan kemauan untuk membayar dengan memiliki tingkat pendidikan yang lebih tinggi sehingga mereka menyadari pentingnya menjaga lingkungan. Untuk meningkatkan kemauan membayar, semakin tinggi anggota keluarga semakin mereka harus memiliki pengetahuan yang baik sehingga persepsi mereka tentang pembayaran berdasarkan kepala keluarga akan berkurang.

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