An application of the contingent valuation method to estimate the loss of value of water resources due to pesticide contamination: the case of the Mekong Delta, Vietnam

Using the dichotomous choice contingent valuation method, this chapter helps shed light on the potential for marker-based insurance schemes in Vietnam by empirically exploring the demand for minimum price insurance among rice households. The study showed that the majority of rice farmers accepted the guaranteed price of VND 4,500 per kg, and their accepted insurance fee was about 13% of the guaranteed price and 30% of the break-even price. Farmers growing rice under a monoculture system were less likely to pay for the proposed insurance service, while those with access to any formal credits were more likely to pay for it.

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Application of the Contingent Valuation Method in Water Resources Protection

Central European Economic Journal ◽

10.2478/ceej-2021-0015 ◽

2021 ◽

Vol 8 (55) ◽

pp. 212-218 ◽

Cited By ~ 1

Author(s):

Rafał Miłaszewski

Keyword(s):

Water Resources ◽

Contingent Valuation ◽

Contingent Valuation Method ◽

Sewage Treatment ◽

Municipal Sewage ◽

Treatment Standards ◽

Valuation Method ◽

Quality Of Water ◽

Water Resources Protection ◽

The Baltic

Abstract The option of using the contingent valuation method (CVM) to assess residents’ willingness to pay (WTP) for upgrading the quality of water resources in their communes is discussed in the article. Surveys were conducted using the direct interview method. The analysis included the application of CVM to examine the potential for financing projects that are focused on reducing the eutrophication process of the Baltic Sea, financing the construction of municipal sewage treatment plants in selected communes in Greece and Poland and financing the upgrade of sewage disposal and treatment standards in Śniadowo in north-eastern Poland. For authorities of a given area, the CVM is an instrument supporting the decision-making process regarding investments in water resources’ protection.

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The Demand of Urban Consumers for Safe Pork in the Vietnamese Mekong Delta

Journal of Education and Vocational Research ◽

10.22610/jsds.v9i3.2476 ◽

2018 ◽

Vol 9 (3) ◽

pp. 47-54

Author(s):

Huynh Viet Khai ◽

Tran Thi Thu Duyen ◽

Huynh Thi Dan Xuan

Keyword(s):

Contingent Valuation ◽

Household Income ◽

Contingent Valuation Method ◽

Market Price ◽

Mekong Delta ◽

Knowledge Score ◽

Face To Face ◽

Urban Households ◽

Valuation Method ◽

The Family

This study applied the contingent valuation method to analyze the consumersâ€™ demand for the proposed safe pork. The data was collected by face-to-face interviewing 884 urban households in the Vietnamese Mekong Delta. The results revealed that the majority of consumers (about 64%) paid attention to the proposed safe pork. Their willingness to pay was about VND 176,000 ($ 7.65) per kg, nearly double compared to the market price of conventional pork. The results showed that the respondents who had higher household income, larger proportion of elderly and children in the family, paid higher price of a conventional pork, and get more knowledge score on the safe pork are more likely, while the respondents who have more number of family members are less likely to pay for the proposed safe pork.

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Willingness to Pay for Certified Safer Pork and Implications for Sustainable Consumption

Global Food Politics and Approaches to Sustainable Consumption - Advances in Environmental Engineering and Green Technologies ◽

10.4018/978-1-7998-0125-2.ch007 ◽

2020 ◽

pp. 142-156

Author(s):

Huynh Viet Khai ◽

Tran Thi Thu Duyen ◽

Huynh Thi Dan Xuan

Keyword(s):

Willingness To Pay ◽

Contingent Valuation ◽

Contingent Valuation Method ◽

Sustainable Consumption ◽

Market Price ◽

Mekong Delta ◽

The Elderly ◽

Face To Face ◽

Urban Households ◽

Valuation Method

This chapter applied the approach of contingent valuation method to analyze consumers' willingness to pay for proposed safe pork. The data was collected by face-to-face interview with 884 urban households in the Vietnamese Mekong Delta. The results revealed that the majority of consumers (about 64%) paid attention to the proposed safe pork. Their willingness to pay was about VND 176,000 ($ 7.65) per kg, nearly double compared to the market price of conventional pork. Consumers who had higher household income, the elderly and children in family, paid higher price of a conventional pork, and more knowledge on the safe pork tended to buy, while those who have more family members are less likely to pay for the proposed safe pork.

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