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 CONSUMERS’ WILLINGNESS TO PAY (WTP) OF SPECIAL TAX FOR NON-GREEN VEHICLES TOWARDS ENVIRONMENTAL PERFORMANCE IN MALAYSIA

2019 ◽  
pp. 66-77
Author(s):  
Sharul Shahida Shakrein Safian ◽  
Hanny Zurina Hamzah
Keyword(s):  
Willingness To Pay ◽  
Automotive Industry ◽  
Environmental Performance ◽  
Contingent Valuation Method ◽  
Economic Valuation ◽  
Environmental Issues ◽  
Maximum Level ◽  
Green Technology ◽  
Valuation Method ◽  
Green Vehicles

The use of the green concept in the automotive industry as an energy-efficient transport innovation is still regarded as a new technology in Malaysia. It also has the potential to alleviate environmental issues in order to improve environmental performance in the automotive industry context. As such, the significance of green technology has become a growing concern, especially among developing countries. The purpose of this study is to determine consumers’ willingness to pay for green vehicles towards solving environmental issues in Malaysia. In order to achieve this, the consumers’ willingness to pay (WTP) and their preferences were examined using the contingent valuation method (CVM) as found in previous studies. Data was gathered using survey questionnaires which were distributed among 445 Malaysians so as to know their preferences in terms of green vehicles and green practices. The data was analyzed using the Economic Valuation Method. The result shows that Malaysians are willing to pay the price increase in road tax by 6.49% maximum level for non-green vehicles as well as all control variables included in the doubled-bounded case. On the other hand, for a single-bounded case, the maximum value is 7.91% which is higher as respondents were given single WTP amount for acceptance compared to the double-bounded case when the initial WTP was followed by another different amount.

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 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 ANALISIS WILLINGNESS TO PAY (WTP) RETRIBUSI PENGELOLAAN SAMPAH DI KECAMATAN CILEUNYI, KABUPATEN BANDUNG

2019 ◽  
Vol 45 (1) ◽  
pp. 33-46
Author(s):  
Ruth Roselin Nainggolan
Keyword(s):  
Regression Analysis ◽  
Waste Management ◽  
Willingness To Pay ◽  
Contingent Valuation Method ◽  
Linear Regression Analysis ◽  
Family Members ◽  
Multiple Linear Regression Analysis ◽  
Level Of Education ◽  
Average Value ◽  
Valuation Method

This study aims to analyze the value of Willingnes to Pay (WTP) and the factors that influence the value of WTP to waste management retribution into compost. This research was conducted in Cileunyi District, Bandung Regency, West Java Province. Cileunyi District is estimated to produce garbage reaching 330 m3 per day or 115 tons/ day. The number of samples is 96 families, calculated by the Frank Lynch formula. To find out the factors that influence WTP, use the correlation test, ANOVA test and multiple linear regression analysis using SPSS 24 software. Contingent Valuation Method (CVM) is used to analize the value of Community’s  Willingness to Pay the retribution.  The results of the study obtained as follows: age, level of education, income and number of family members together (simultaneous) affect the Willingness to Pay (WTP),  the influence of all factors is 39.9%,  the number of family members does not significantly affect the WTP,  the average value of waste retribution paid is Rp. 10,208,33 and the average value of WTP for waste management into compost or recycled is Rp. 20,572.92.

scholarly journals The Valuation of Grassland Ecosystem Services in Inner Mongolia of China and Its Spatial Differences

2019 ◽  
Vol 11 (24) ◽  
pp. 7117 ◽  
Author(s):  
Jing Ning ◽  
Jianjun Jin ◽  
Foyuan Kuang ◽  
Xinyu Wan ◽  
Chenyang Zhang ◽  
...  
Keyword(s):  
Ecosystem Services ◽  
Willingness To Pay ◽  
Inner Mongolia ◽  
Contingent Valuation Method ◽  
Economic Valuation ◽  
Policy Implications ◽  
Grassland Ecosystem ◽  
Valuation Method ◽  
Grassland Ecosystems ◽  
Spatial Differences

Economic valuation of grassland ecosystem services is important for protecting and restoring grassland ecosystems. This study aims to investigate Chinese netizens’ willingness-to-pay (WTP) for protecting grassland ecosystem services in Inner Mongolia by using the contingent valuation method. The results indicate that 61.55% of respondents expressed a positive WTP. The mean WTP was estimated to be CNY 170.76 (USD 25.11) per person per year. We found that there is a significant spatial difference in respondent’s WTP. Factors such as respondent age, education, household income and concern about grassland protection significantly affected their WTP. Younger, more educated and wealthier respondents have a higher probability of willingness to pay, and those who are concerned about grassland protection present a higher WTP. The regression results also show that distance from the grassland negatively affects the probability and values of people’s WTP. Findings of this research provide useful policy implications for decision-makers involved in grassland protection and management.

https://doi.org/10.36873/jht.v14i1.327

HUTAN TROPIKA ◽  
2019 ◽  
Vol 14 (1) ◽  
pp. 1-9
Author(s):  
Admin JHT
Keyword(s):  
Willingness To Pay ◽  
Mangrove Forest ◽  
Local Community ◽  
Contingent Valuation Method ◽  
Local Communities ◽  
Direct Products ◽  
Mangrove Forests ◽  
Monthly Income ◽  
Valuation Method ◽  
To Come

ABSTRACTThis research aimed to investigate the Willingness to Pay (WTP) for mangroveconservation of local communities at Salut Mengkabong Lagoon, Tuaran based on theamount of fees imposed on them. The content is based on questionnaire survey providedto local communities from Mangrove Forest Produce (MFP) to their perception inconservation programme. The survey was conducted with a priod of 7 month startedfrom September 2016 until March 2017. Contingent Valuation Method (CVM) was usedto calculate the Willingness to Pay (WTP) whereby 100 respondents were asked tocomplete the questionnaire. From the analysis, it showed that the WTP of localcommunities were affected by their monthly income. Regression model analysis withWTP = -0.087* (monthly income) + 1.789 has been formed. Whereas, the value ofmangrove forest produce (MFP) in Salut Mengkabong Lagoon has been calculated with atotal of RM728 for the direct product while for the non-direct products such as crab,bivalves, seashells and fishes cost about RM721 to RM2472 in a year. The studydocumented mangrove forest contribution to local communities in Salut MengkabongLagoon such as timber; Rhizophora mucronata and Avicennia spp, Seafood; Scyllaserrata, Geloina coaxans, various type of fishes and seashell. From the result, it washope that this study can promote a win-win situation to both local community andstakeholders to come out with an effective supervision to ensure the long-lastingdependency of local communities to the mangrove forests without undermining theirsocio-economic wellbeing.Keywords: Salut Mengkabong Lagoon, Mangroves Forest Produce, local community

scholarly journals Visitors’ Willingness to Pay for The Existence Value of A Coastal Ecosystem on Rupat Island, Bengkalis Regency, Riau Province, Indonesia

2021 ◽  
Vol 934 (1) ◽  
pp. 012036
Author(s):  
T Warningsih ◽  
K Kusai ◽  
L Bathara ◽  
D Deviasari ◽  
M Manalu ◽  
...  
Keyword(s):  
Logistic Regression ◽  
Willingness To Pay ◽  
Field Observation ◽  
Contingent Valuation Method ◽  
Secondary Data ◽  
Existence Value ◽  
Average Value ◽  
Valuation Method ◽  
Tourism Management ◽  
Method Approach

Abstract This current work was conducted on July 2021 in Rupat Island, Regency of Bengkalis, Province of Riau. The study aimed to estimate visitor’s Willingness to Pay (WTP) and analyze factors contributing to the funding in attempt to develop ecoutourism of Rupat Island. Outcome of this work can be beneficial to tourism management in relation to improvement of service and facilities that support tourist activities. Primary and secondary data were collected using interview and field observation. Population of the study included travelers in ecotourism of Rupat Island, while those accepting interview were regarded as sample or respondents. In this regard, number of respondents reached 30 persons. Data were collected through Contingent Valuation Method approach and then analyzed using logistic regression. As the results, average value of visitor’s WTP was Rp15.429, with the lowest and highest of IDR3.000 and IDR30.000, respectively. For a month, total visitor’s WTP could reach IDR231.428.571. Furthermore, analysis on factors contributing to WTP significantly revealed that visitor’s income showed positive correlation with WTP, while travel cost and distance showed contrast result. Other factors, i.e. age, education and sex, showed no effects on decision of WTP in development of Rupat Island as ecotourism in Bengkalis.

scholarly journals ARE THERE DIFFERENCES IN WILLINGNESS TO PAY AMONG VISITORS AND NON-VISITORS OF TAMAN NEGARA NATIONAL PARK?

2010 ◽  
Vol 9 (1) ◽  
Author(s):  
Zaiton Samdin ◽  
Khairil Wahidin Awang
Keyword(s):  
Willingness To Pay ◽  
National Park ◽  
Contingent Valuation Method ◽  
Economic Valuation ◽  
Park Management ◽  
Market Segments ◽  
Pricing Policy ◽  
Efficient System ◽  
Market Values ◽  
Valuation Method

Approaches such as the Contingent Valuation Method (CVM) have helped to assign dollar values to non-use values for non-market goods which, unlike other products, are not traded in the market. This study attempts to put a value on the above non-market values. This study used the CVM, with Willingness to Pay (WTP) as the elicitation method to measure the non-use value among visitors and non-visitors of Taman Negara National Park (TNNP). This study also will answer questions; are there any differences in the WTP of various market segments, based on nationality, gender, age, education and income among visitors and non-visitors? This study found that there was a different between visitors and non-visitors willingness to pay. It also found that visitors and non-visitors market segments such as nationality,, income etc. are differed. Thus, information found in this study can be a fundamental source for park management in directing park pricing policy towards an efficient system. Although using WTP for this economic valuation cannot provide exact answers on the valuation of these natural resources, it can still provide a guideline on pricing strategy and give extra information for park management decisions, especially about park pricing. Thus, better decision-making processes can be practised if monetary values can be placed on these non-market goods.

scholarly journals Estimating the Recreational Value of the Abdanan Black Twin Lake: A Contingent Valuation Approach

2021 ◽  
Author(s):  
Ali Sayehmiri ◽  
Atefeh heidarvand
Keyword(s):  
Willingness To Pay ◽  
Contingent Valuation ◽  
Household Income ◽  
Contingent Valuation Method ◽  
Economic Valuation ◽  
Environmental Policies ◽  
Human Beings ◽  
Recreational Value ◽  
Valuation Method ◽  
Recreational Use

As one of the unique destinations in Iran, Abdanan Black Twin Lake attracts many tourists yearly. Among striking features is the presence of minerals, boiling springs, and its beautiful landscape. Human beings are willing to spend money on such natural resources. An economic valuation can be interfered constructively and positively in improving environmental policies. So, quantifying these benefits is of the utmost importance. The paper mainly estimated the tourists' willingness to pay and their recreational value using the contingent valuation method. Random sampling was conducted on 384 people using the two-dimensional double-choice questionnaire in spring 2019. In the Twin Lake Recreational Value Questionnaire, the main questions were devoted to the visitors' willingness to pay, with three bids of 0.07 $, 0.14 $, and 0.22$. Among 384 respondents, 304 (79%) were willing to pay for recreational use of the lake, and 80 respondents (21%) were not. The likelihood, the model's parameters were estimated. The findings indicated the average tourists' willingness to pay for recreational value was estimated at 0.09$ per visit and the recreational value of this lake for each household was estimated at 0.40$. The findings revealed the effect of education, household income, household size and tourists' willingness to pay was significant.

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.

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