scholarly journals Willingness to Pay for Enhanced Water Security in a Rapidly Developing Shale Gas Region in China

Water ◽  
2019 ◽  
Vol 11 (9) ◽  
pp. 1888 ◽  
Author(s):  
Danlu Jiang ◽  
Dong Bai ◽  
Zhaowei Yin ◽  
Gongyuan Fan
Keyword(s):  
Willingness To Pay ◽  
Shale Gas ◽  
Household Income ◽  
Contingent Valuation Method ◽  
Rapid Development ◽  
Primary Source ◽  
Water Security ◽  
Gas Field ◽  
Valuation Method ◽  
Need To Evaluate

With the rapid development of shale gas exploration (SGE) in China, there is an urgent need to evaluate the public’s preferences with respect to the environmental risks that go along with the exploration, which have not yet been studied in the literature. This study aims to estimate local residents’ willingness to pay (WTP) for a water security-enhanced scenario in the Fuling shale gas field, Chongqing, China. Using the double-bounded contingent valuation method, we estimate that the annual mean WTP is 32.655 Chinese yuan per year per household, which accounts for 3.80% of the basic household gas bill. The results also show that WTP is significantly influenced by the socio-economic characteristics of the respondents, including the age of the respondent, household location, household income, and primary source of household income. Moreover, the respondents’ satisfaction with respect to the environmental impacts caused by SGE also has negative influences on the WTP. Thus, our analysis estimates the affected public’s benefits during SGE and provides insight into the relevant policymaking process.

scholarly journals Determinant Factors for Cattle Insurance as a Risk Management Strategy

Agriekonomika ◽  
2021 ◽  
Vol 10 (1) ◽  
pp. 113-124
Author(s):  
Amelia Dwi Nugrahaini ◽  
Mashyuri Masyhuri ◽  
Any Suryantini
Keyword(s):  
Willingness To Pay ◽  
Household Income ◽  
Contingent Valuation Method ◽  
Financial Loss ◽  
Risk Management Strategy ◽  
Natural Logarithm ◽  
Valuation Method ◽  
Cattle Diseases ◽  
Downer Cow Syndrome ◽  
The Government

Cattle farmers in Gunungkidul Regency face several cattle diseases such as Helminthiasis, Anthrax, Downer Cow Syndrome, and Intoxication in which these diseases mostly attack female cows. To prevent financial loss for the farmers, the government facilitates them with cattle insurance. This study aims to determine the reasons and the cattle farmers’ willingness-to-pay for the cattle insurance by conducting a survey addressed to 100 cattle farmers and identifying the factors related to it. This study used a Contingent Valuation Method in estimating the cattle farmer's WTP. The various factors that influence the farmer's WTP were analyzed by using natural logarithm regression models. Based on the results of the study, it was found that the willingness-to-pay for cattle farmers who did not participate in cattle insurance are 22,600 IDR and farmers who participate in cattle insurance are 36,320 IDR. Education, household income, and farmers’ interest in the insurance were positively effecting toward the farmers' willingness-to-pay. However, age and the number of families showed the negative ones toward the farmers’ willingness-to-pay.

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 for Fresh-Water Grown Leafy Vegetables

2020 ◽  
Vol 4 (4) ◽  
pp. 117-134
Author(s):  
Salah Udin Buzdar ◽  
Syed Muhammad Khair ◽  
Syed Munawar Shah
Keyword(s):  
Willingness To Pay ◽  
Household Income ◽  
Contingent Valuation Method ◽  
Leafy Vegetables ◽  
Comprehensive Strategy ◽  
Valuation Method ◽  
Study Results ◽  
The Government ◽  
High Willingness ◽  
Structured Questionnaire

Wastewater-grown vegetables are responsible for various diseases whereas freshwater-grown vegetables are comparatively expensive. This paper examines consumers’ willingness to pay for freshwater grown leafy vegetables, such as, cauliflower, spinach and salad. For this purpose, a survey was conducted in five selected areas of Quetta city using contingent valuation method and 255 vegetable-consumers were questioned directly with the help of a semi-structured questionnaire. The results indicate that most of the vegetable consumers (87-88%) are willing to pay extra amounts for FWGV. On average, a vegetable consumer is willing to pay 27.4%, 43% and 52% more than the original price for the three leafy vegetables (cauliflowers, salads and spinaches, respectively). The factors such as household income, level of education, awareness, use of freshwater-grown vegetables and employment were identified as determinants of consumers’ willingness to pay for FWGV. The study results reveal a high willingness to pay for FWGV by the vegetable consumers and suggests a comprehensive strategy on the part of the government to overcome the problem of wastewater-grown vegetables (WWGV).

scholarly journals WILLINGNESS TO PAY FOR ACCESSIBLE ELDERLY HOUSING IN KOREA

2019 ◽  
Vol 24 (1) ◽  
pp. 70-82
Author(s):  
So Young Lee ◽  
Sungeun Yoo
Keyword(s):  
Willingness To Pay ◽  
Household Income ◽  
Home Ownership ◽  
Contingent Valuation Method ◽  
Economic Status ◽  
The Elderly ◽  
Age Group ◽  
Housing Type ◽  
Valuation Method ◽  
Type Size

The demands and requirements for accessible housing of a diverse population can vary considerably, especially considering that “aging in place” is a growing trend among the elderly. In an aging society, accessibility can be a housingmarket commodity, and the demand in Korea for this commodity is expected to increase. The purpose of this study is to investigate the value of accessible housing and the consumer᾽s willingness to pay (WTP) using the Contingent Valuation Method (CVM). For the analysis, 700 people were interviewed based on the housing type and age group. More than half of the respondents were willing to pay more for accessible housing compared to conventional housing. The WTP amount differed considerably with the age group, gender, housing type, size of unit, and tenure type. The elderly showed a greater WTP than the younger group; higher economic status (as indicated by monthly household income), educational level, and home ownership influenced WTP. The results showed that accessible housing could be an important housing choice for the elderly and can be adopted as an affordable option. Moreover, the results can help reduce the negative perception of accessible housing, which is commonly associated with its supposed high costs.

Reliability and Validity of the Contingent Valuation Method for Estimating Willingness to Pay: A Case of In Vitro Fertilisation

2018 ◽  
Vol 17 (1) ◽  
pp. 103-110 ◽  
Author(s):  
Stella Nalukwago Settumba ◽  
Marian Shanahan ◽  
Willings Botha ◽  
Muhammad Zulilhaam Ramli ◽  
Georgina Mary Chambers
Keyword(s):  
Willingness To Pay ◽  
Contingent Valuation ◽  
Contingent Valuation Method ◽  
Reliability And Validity ◽  
In Vitro Fertilisation ◽  
Valuation Method

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 Paying the price to solve fisheries conflicts in Brazil’s Marine Protected Areas

2018 ◽  
Author(s):  
Priscila Lopes ◽  
Sebastian Villasante
Keyword(s):  
Willingness To Pay ◽  
Contingent Valuation ◽  
Protected Areas ◽  
Marine Protected Areas ◽  
Contingent Valuation Method ◽  
Slight Tendency ◽  
Valuation Method ◽  
Fernando De Noronha

Ecosystems services (ES) provide food and recreation to humans, but are fast being degraded. Marine Protected Areas (MPAs) have been proposed as a way to protect some of these ES, but decisions regarding what gets protection and what gets consumed can be a source of conflicts. One such example is the Fernando de Noronha MPA (Brazil), where there is a conflict between shark-directed tourism and fishers who would like to access the no-take part of the MPA during part of the year. A contingent valuation method (Willingness to Pay) was used to ascertain if tourists would accept compensating fishers for not disturbing the sharks during a specific period of the year, by adding a symbolic increase in the taxes they already pay to either visit the island or to visit the no-take part of the MPA. Tourists were open to this alternative (67-71%), regardless of the fee being paid. However, there was a slight tendency to reject the fee when the tourists saw sharks during their stay, suggesting that a closer contact with these animals triggered a less sympathetic attitude towards fishers, probably because they start seeing fishers as wrongdoers, even if this is the worst choice for conservation. Although such a hypothetical payment was easily accepted by the majority of the tourists and could represent an affordable solution to conflicts, convincing those who reject such social compensation, especially if based on an irrational choice, would be an important step for sharks and for the MPA as a whole.

scholarly journals Resident Perception and Willingness to Pay for the Restoration and Revitalization of Urban Rivers

Water ◽  
2021 ◽  
Vol 13 (19) ◽  
pp. 2649
Author(s):  
Frederick Y. S. Lee ◽  
Anson T. H. Ma ◽  
Lewis T. O. Cheung
Keyword(s):  
Regression Analysis ◽  
Hong Kong ◽  
Willingness To Pay ◽  
Place Attachment ◽  
River Restoration ◽  
Contingent Valuation Method ◽  
Place Identity ◽  
Urban Rivers ◽  
Valuation Method ◽  
Local Residents

River revitalization, also called river restoration, has been implemented globally to restore urban river ecosystems that would benefit both the environment and local residents in various ways. The Hong Kong government has been attempting to revitalize local urban rivers; however, the perception and value of river restoration have not been assessed. With the application of a contingent valuation method, a questionnaire survey was designed to capture the attitude, place attachment, and willingness to pay (WTP) of Hong Kong residents in the context of urban rivers and river revitalization, and a proposed scenario for revitalization is given. The relationships among WTP, attitude and place attachment were explored through regression analysis. A total of 400 questionnaire samples were collected from Hong Kong residents, and over 75% of respondents were willing to pay for the proposed scenario. The results from regression analysis indicated that attitude, place dependence, place identity, and place social bonding positively influenced WTP and WTP bid amounts. In contrast, the place effect was unexpectedly found to be negatively correlated with WTP. Implications were drawn from these results, and recommendations were made concerning the features to be restored and conserved in future river revitalization work and the need to provide quality urban nature-based spaces for citizens.

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.

Sign in / Sign up

Export Citation Format

Share Document