Economic Value of Pavement for the Elderly: Case Study of Bangkok, Thailand

2018 ◽  
Vol 9 (11) ◽  
pp. 927-937
Author(s):  
Somskaow Bejranonda ◽  
◽  
Aekkapat Laksanacom ◽  
Waranan Tantiwat ◽  
◽  
...  
Keyword(s):  
Contingent Valuation Method ◽  
Economic Value ◽  
The Elderly ◽  
Pavement Management ◽  
Sustainable Urban Development ◽  
Public Facility ◽  
Average Value ◽  
Valuation Method ◽  
The People ◽  
The City

Based on the concept of a livable and global age-friendly city, pavements are a public facility that the city should provide to the people. Appropriate pavements will be beneficial for the people, particularly for good quality of life for the elderly to move around in the city. This study explored the behaviour of the elderly in the use of pavements and the problems confronted. The study also evaluated the value of the pavement walking area as it reflected the benefits of pavements to the elderly by applying the Contingent Valuation Method (CVM). During March-May 2017, data were collected using interviews with 601 elderly living in Bangkok. The study indicated that the main problem for senior citizens regarding their use of pavements was from being disturbed by motorbikes riding on the pavements. The average value of pavement for the elderly was about THB 160 (USD 5.30) per person per year. Thus, the benefits of pavements to the elderly in Bangkok was approximately THB 158 million (USD 5.2 million) per year. Thus, policy makers should make proper budget allocations for elderly-friendly pavement management and seriously address the problems confronting the elderly in using pavements, to maximize the usefulness of pavements not only for the elderly but also for the public and to support a sustainable urban development.

scholarly journals Estimating Willingness to Pay for a Future Recreational Park Atop the Current Jakuševec Landfill in Zagreb, Croatia

2019 ◽  
Vol 11 (21) ◽  
pp. 6038 ◽  
Author(s):  
Marija Opačak ◽  
Erda Wang
Keyword(s):  
Willingness To Pay ◽  
Land Reclamation ◽  
Survey Design ◽  
Contingent Valuation Method ◽  
Economic Valuation ◽  
Economic Value ◽  
Survey Method ◽  
Valuation Method ◽  
Valuation Study ◽  
The City

The main purpose of this study is to investigate the economic value potentially accrued by a prospective city park, which is planned to be built as a result of strategic land reclamation of a current landfill in Croatia, based on parkgoers’ marginal willingness to pay. The idea of this land transformation is inspired by recent debate on the issue of how to address air quality and other environmental concerns over the disposal of the landfill site in the city. Like any other nonmarket valuation studies, choosing a proper survey method is a critical step for a successful economic valuation study. We adopted a double bounded dichotomous choice contingent valuation method in survey design and data collection, followed by parameter estimation using the logit model. The study reveals—(1) the support of 70% of respondents was estimated; (2) as much as 96% of the respondents are willing to visit the park being presented to the respondents along with the survey questionnaire. The economic valuation indicates that the city residents are willing to pay €3.63 per person for the park’s entrance fees, which can be translated into an aggregate of €2,867,762. By referring this value information to the park budget, we may persuade policy makers to commit to a transformation of the current landfill.

scholarly journals The potential market for sustainable housing under the contingent valuation method. City of Palmira

2019 ◽  
Vol 35 (65) ◽  
pp. 45-59
Author(s):  
María Victoria Pinzón Botero ◽  
Stephany Byaney Villota Ortiz
Keyword(s):  
Willingness To Pay ◽  
Contingent Valuation ◽  
Contingent Valuation Method ◽  
Housing Prices ◽  
Analysis Model ◽  
Sustainable Housing ◽  
Valuation Method ◽  
The People ◽  
Potential Market ◽  
The City

Sustainable housing is the constructive alternative under discussion in recent decades due to the multiple environmental impacts produced by the construction sector and its state of permanence and acceleration. Policies and standards at the international and national levels quickly encourage the implementation of actions in its favor. The lack of a market and the need to know it justify the research objective hereof of exploring the willingness to pay for sustainable housing through the Contingent Valuation Method applied to the city of Palmira, Colombia. A case of interest, as it is an emerging intermediate city regarding urban growth in the last decade in Colombia. The method designed a survey through the identification and valuation of significant variables for sustainable housing and the parameters of the analysis model and the method, which allow it to identify the potential market for sustainable housing. It is observed that the main variables of analysis in the literature consulted refer to topics such as location in relation to nearby equipment, materials’ properties, technological innovation and reduction in consumption of home public services. The survey shows that the willingness to pay in the city of Palmira is high for the lowest housing prices, and that the people with the highest income are the ones who would invest the most in sustainable housing and that the level of knowledge on the subject is scarce in general.

scholarly journals PENILAIAN EKONOMI PENANGKARAN RUSA DI TAMAN HUTAN RAYA WAN ABDUL RACHMAN (TAHURA WAR) MENGGUNAKAN METODE KESEDIAAN MEMBAYAR

2021 ◽  
Vol 16 (1) ◽  
pp. 37-46
Author(s):  
Kevin Ewaldo Kahimpong
Keyword(s):  
Willingness To Pay ◽  
Sampling Method ◽  
Contingent Valuation Method ◽  
Economic Valuation ◽  
Sustainable Use ◽  
Conservation Education ◽  
Forest Park ◽  
Average Value ◽  
Valuation Method ◽  
To Come

Lampung is one of the provinces that has various tourist objects, one of which is the Deer Breeding in Wan Abdul Rachman (WAR) Grand Forest Park (Tahura). Its use as a tourist attracts visitors to come and have recreation. As one of the efforts for sustainable use, it is necessary to carry out an economic valuation. The purpose of this study was to calculate the willingness to pay visitors to the Deer Breeding in Tahura WAR using the willingness to pay method and to estimate the revenue received from the tourist attraction of Tahura WAR Deer Captivity. The method used in this research is the willingness to pay method with the contingent valuation method (CVM) and the total revenue method. The research was conducted from February to March 2020. The respondents selected regarding the purposive sampling method that was 100 people. The results showed that the average value of the willingness to pay visitors in Tahura WAR Deer Breeding was Rp. 12.900,-/person/visit, and acceptance of the Tahura WAR Deer Breeding was Rp. 27.552.00.000,-/year the value obtained from the willingness to pay visitors to a hypothetical market in the form of making deer conservation education packages.

scholarly journals Quantitative Ethobotany of Gnetum africanum Welw. (Gnetaceae) in Massoumboum, Littoral Region of Cameroon

2019 ◽  
Vol 8 (2) ◽  
pp. 19
Author(s):  
Jean Lagarde Betti ◽  
Pascal Eric Billong Fils ◽  
Prisca Toffon ◽  
Eric Wété ◽  
Jules Romain Ngueguim ◽  
...  
Keyword(s):  
Economic Value ◽  
Sampling Rate ◽  
Quantitative Ethnobotany ◽  
Distribution Area ◽  
Ethnobotanical Survey ◽  
Average Value ◽  
Forest Inventories ◽  
Littoral Region ◽  
The City ◽  
Cfa Franc

Gnetum africanum Welw. is a plant specie of Central and West Africa, a Non Timber Forest Product (NTFP) with high nutritional, medicinal and economic value. In Cameroon, its leaves are recognized by the forestry administration as a special product. Strong demand combined with destructive harvesting techniques has resulted in its rarity in its distribution area. The objective of this work is to characterize the harvesting and trade of G. africanaum, and to assess its abundance (density and structure) in order to appreciate the economic value of the Lehman agroforest system (ALM) based in Massoumboum, a village located at 30 Km of Douala town, the economical capital of Cameroon. An ethnobotanical survey was conducted among harvesters and sellers of G. africanum in the ALM and in adjacent markets. An inventory of G. africanum stems and leaves was carried out at an overall sampling rate of 9.52%. The study revealed that, harvesting of G. africanum is freely done by women, youngers and elders. They start their activity early in the morning and convey their products to markets located in the periphery and inside the city of Douala. The price of the gramme is too high in the periphery than in the city, averaging 0.58 CFA franc. This price is high in the dry season due to the scarcity of other agricultural vegetables. The inventories conducted revealed densities of 6 191 stems/ha and 119 548 leaves/ha, with the high density of leaves obtained in less perturbed plots. The combination of field data (forest inventories) with those obtained in the markets (trade data), what we call « quantitative ethnobotany », allowed us to appreciate the temporal economic value (EV) of the ALM. This EV ranges from 500 000 - 700 000 CFA franc, for an average value of 37 059.9 CFA franc /ha. If well managed, G. africanum can contribute not only to the economy of the women-harvesters, but also to the economy of the ALM. The glaring development challenge of the background of what precedes is the development of non-detriment findings (NDF) for G. africanum in Cameroon. These consist of setting tools which aims to sustain the resource and trade such as the delimitation of Gnetum Allocation Units (GAU), as well as the development and implementation of simple management plans (SMPs).

scholarly journals Protest Bidders in Contingent Valuation

1992 ◽  
Vol 21 (2) ◽  
pp. 160-169 ◽  
Author(s):  
John M. Halstead ◽  
A.E. Luloff ◽  
Thomas H. Stevens
Keyword(s):  
Willingness To Pay ◽  
Contingent Valuation ◽  
Contingent Valuation Method ◽  
A Priori ◽  
Average Value ◽  
Valuation Method ◽  
Significant Bias

Protest bids are often excluded during analysis of contingent valuation method data. It is suggested that this procedure might introduce significant bias. Protest bids are often registered by respondents who may actually place ahigher-orlower-than-average value on the commodity in question but refuse to pay on the basis of ethical or other reasons. Exclusion of protest bids may therefore bias willingness to pay (WTP) results, but the direction of bias is indeterminate a priori.

scholarly journals A Study on the Value of Preserving a Parasitic Volcanic Sieve as a Tourism Good for Sustainable Management: Using the Contingent Valuation Method

2020 ◽  
Vol 12 (7) ◽  
pp. 2825
Author(s):  
Won Seok Lee
Keyword(s):  
Willingness To Pay ◽  
Contingent Valuation ◽  
Causal Relationship ◽  
Sustainable Management ◽  
Contingent Valuation Method ◽  
Economic Value ◽  
Dichotomous Choice ◽  
Valuation Method ◽  
Good For

The purpose of this study is to estimate the economic value of Geomun Oreum (GO), a parasitic volcanic sieve, for sustainable management by using the dichotomous choice contingent valuation method. To address the exaggeration tendency of willingness to pay (WTP), the contingent valuation method’s (CVM’s) traditional threshold, respondents’ WTP answers were reconfirmed to screen only true responses for our analysis. In addition to estimating the economic value, the causal relationship between the tour guide’s quality of explanation and the respondents’ payment intention is examined in the study. The results reveal that the estimated preservation value of GO is 35,881 KRW (33.28 USD), and the quality of the tour guide’s narrative is statistically related to the respondents’ payment intention.

scholarly journals Payment for environmental service of conservation in Cokro Tulung spring, Klaten regency, Indonesia

2019 ◽  
Vol 270 ◽  
pp. 04002
Author(s):  
Faisal ◽  
Evi Gravitiani ◽  
Suryanto ◽  
Mugi Raharjo
Keyword(s):  
Water Resources ◽  
Water Distribution ◽  
Contingent Valuation Method ◽  
Municipal Water Supply ◽  
Average Value ◽  
Central Java ◽  
Valuation Method ◽  
Water Resources Conservation ◽  
Resources Conservation ◽  
Water Supply Company

This study aims to: (1) determine the conservation of water resources willingness to pay (WTP) of the community, (2) determine the determinants that significantly affect the value of PAPs for additional benefits due to increase management of water resources conservation, and (3) determine whether reforestation environment is a type of conservation that community desires. Respondents from this study are Surakarta citizens, precisely in the southern region of Surakarta, Laweyan District, Central Java. They are customers of Surakarta Municipal Water Supply Company, especially the water distribution of the Cokro Tulung spring. This study uses linear analysis and Contingent Valuation Method (CVM). The interviews result with 106 respondents revealed that: (1) the average value of WTP in R2 is Rp 1,872,-, the average value of WTP in R3 is Rp 3,238,-, the average value of WTP in R4 is Rp 2,769,-, and the average value of WTP in trade group 1 is Rp 3,846,-, (2) education variables and perception variables on the importance of conservation have a significant effect on WTP of conservation of water resources, and (3) survey results show that there are 73.6% of respondents intend to do greening around Cokro Tulung spring.

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