Assessing Urban Residents' Willingness to Pay for Preserving the Biodiversity of Swamp Forest

2016 ◽  
pp. 283-305
Author(s):  
Huynh Viet Khai
Keyword(s):  
Willingness To Pay ◽  
Biodiversity Conservation ◽  
Cost Benefit Analysis ◽  
Mekong Delta ◽  
Cost Benefit ◽  
Urban Residents ◽  
Swamp Forest ◽  
Policy Makers ◽  
Welfare Losses ◽  
Conservation Projects

Measuring the biodiversity value in monetary could be useful information for policy-makers to estimate welfare losses caused by biodiversity reductions and perform cost-benefit analysis of biodiversity conservation projects. This study applied the approach of contingent valuation to analyze the Mekong Delta urban households' preferences and their willingness to pay for the program of biodiversity conservation in U Minh Thuong National Park, one of the largest peat swamp forests in Vietnam. The study estimated that the mean WTP of urban residents in the Mekong Delta was about VND16,510 ($0.78) per household per month for all respondents and around VND31,520 ($1.49) after excluding the protest zero and scenario rejecting respondents. Aggregately, they agreed to contribute about $10.97 million annually for the project of biodiversity conservation.

Assessing Urban Residents' Willingness to Pay for Preserving the Biodiversity of Swamp Forest

2017 ◽  
pp. 946-970
Author(s):  
Huynh Viet Khai
Keyword(s):  
Willingness To Pay ◽  
Biodiversity Conservation ◽  
Cost Benefit Analysis ◽  
Mekong Delta ◽  
Cost Benefit ◽  
Urban Residents ◽  
Swamp Forest ◽  
Policy Makers ◽  
Welfare Losses ◽  
Conservation Projects

Measuring the biodiversity value in monetary could be useful information for policy-makers to estimate welfare losses caused by biodiversity reductions and perform cost-benefit analysis of biodiversity conservation projects. This study applied the approach of contingent valuation to analyze the Mekong Delta urban households' preferences and their willingness to pay for the program of biodiversity conservation in U Minh Thuong National Park, one of the largest peat swamp forests in Vietnam. The study estimated that the mean WTP of urban residents in the Mekong Delta was about VND16,510 ($0.78) per household per month for all respondents and around VND31,520 ($1.49) after excluding the protest zero and scenario rejecting respondents. Aggregately, they agreed to contribute about $10.97 million annually for the project of biodiversity conservation.

The Determinants of Program Success and Failure

1981 ◽  
Vol 1 (4) ◽  
pp. 433-464 ◽  
Author(s):  
Harold Wolman
Keyword(s):  
Public Policy ◽  
Cost Benefit Analysis ◽  
Evaluation Research ◽  
Social Science Research ◽  
Cost Benefit ◽  
Science Research ◽  
Program Performance ◽  
Policy Makers ◽  
Program Success ◽  
The Impact

ABSTRACTRecent social science research – particularly evaluation research and cost-benefit analysis – has produced a substantial and very useful literature on the impact of public policy and on the relationship of program inputs to outputs and outcomes. However, the explicit focus of these analytic techniques on impacts and outcomes does not systematically yield useful information on why programs have been successes or failures. Policy-makers faced with an evaluation of program success or failure obviously need to know something about the why question if they are to make needed adjustments in the program or carry the lessons of one program to other areas. This article attempts to present a comprehensive framework for explaining and understanding program performance. It is meant to have two uses and to serve two clienteles. First, it presents for social scientists a set of research questions to guide research into the determinants of program performance. Second, it provides public policy-makers with a set of action questions which should be asked and answered appropriately in the actual formulating and carrying out of public policy, as a means of enhancing the chances of program success. The framework is divided into two parts, the formulating process and the carrying out process, although these two processes may overlap considerably, both in time and in terms of substantive concerns. Program success may be impeded by problems or inadequacies in one or more of the components in either the formulating stage or the carrying out stage or in both.

Benefit-transfer valuation of a cultural heritage site: the Petroglyph National Monument

2009 ◽  
Vol 15 (1) ◽  
pp. 39-57 ◽  
Author(s):  
CARLOS A. ULIBARRI ◽  
VICTOR C. ULIBARRI
Keyword(s):  
Willingness To Pay ◽  
Cultural Heritage ◽  
Cost Benefit Analysis ◽  
Rock Art ◽  
Economic Value ◽  
Cost Benefit ◽  
Economic Benefits ◽  
Benefit Transfer ◽  
National Monument ◽  
Heritage Site

ABSTRACTThis paper applies a household production framework (Becker, 1971) to infer the economic value of a cultural heritage site, namely, the Petroglyph National Monument, situated in Albuquerque, New Mexico, USA. The empirical analysis uses benefit-transfer techniques from three source studies: those of Bergstrom and Cordell (1991) and Boxall et al. (2003), which concern willingness-to-pay to hike and view rock art sites; and those of Rolfe and Windle (2003, 2006), which concern willingness-to-pay by Aboriginal and general populations to preserve a cultural heritage site containing rock art. The benefit-transfer analysis estimates recreational values between 3.75 million and 7 million dollars per year (depending on perceptions of the cultural attribute quality) and a nonuse value of approximately 12.5 million dollars per year. By comparison the annualized costs of developing/operating the study site are 8.5 million dollars per year. Thus a partial cost-benefit analysis suggests the study site yields net economic benefits upwards of 7.8 million dollars per year.

The Analysis of Subsidy Policies for Alternative Fuel Vehicles

2011 ◽  
Vol 347-353 ◽  
pp. 3920-3923 ◽  
Author(s):  
Peng Yu Chen ◽  
Chao Heng Tseng ◽  
Yen Kuang Lin ◽  
Yi Hsuan Shih ◽  
Yu Ling Chen
Keyword(s):  
Carbon Tax ◽  
Consumer Preferences ◽  
Cost Benefit Analysis ◽  
Cost Benefit ◽  
Alternative Fuel ◽  
Medical Expenditure ◽  
Manufacturing Cost ◽  
Alternative Fuel Vehicles ◽  
Policy Makers ◽  
Criteria Pollutants

The "Air Resource Co-benefits (ARCoB) Model" was developed in this study to integrated the health benefits from the reduction of criteria pollutants (the averted loss of life expectancy and annual medical expenditure) and the ecological benefits from the reduction of greenhouse gases (GHGs) (the averted carbon tax) from the promotion of the alternative fuel vehicles currently on the market. By questionnaire survey, the consumer preferences and willingness to pay for the alternative fuel vehicles in Taipei were analyzed. From cost-benefit analysis, the amount of money would be appropriate for government subsidy and reduction of the manufacturing cost for alternative fuel vehicles were suggested for the policy makers and automobile enterprises in this study. It could be a reliable reference for the subsidies policy.

The Concept of Cost in the Economic Evaluation of Health Care: A Theoretical Inquiry

1994 ◽  
Vol 10 (4) ◽  
pp. 675-682 ◽  
Author(s):  
Magnus Johannesson
Keyword(s):  
Health Care ◽  
Economic Evaluation ◽  
Willingness To Pay ◽  
Treatment Program ◽  
Cost Benefit Analysis ◽  
Cost Benefit ◽  
Economic Evaluations ◽  
Benefit Analysis ◽  
Full Economic Evaluation ◽  
The Individual

AbstractThe costs included in economic evaluations of health care vary from study to study. Based on the theory of cost-benefit analysis, the costs that should be included in an economic evaluation are those not already included in the measurement of willingness to pay (net willingness to pay above any treatment costs paid by the individual) in a cost-benefit analysis or in the easurement of effectiveness in a cost-effectiveness analysis. These costs can be defined as the onsumption externality of the treatment (the change in production minus consumption for those included in the treatment program). For a full economic evaluation, the consequences for those included in the treatment program and a caring externality (altruism) should also be added.

scholarly journals Mortality-risk valuation, age and cause of death: out-of-hospital cardiac arrest

2017 ◽  
Vol 5 (2) ◽  
pp. 28-40
Author(s):  
Björn Sund
Keyword(s):  
Cardiac Arrest ◽  
Willingness To Pay ◽  
Cause Of Death ◽  
Road Traffic ◽  
Cost Benefit Analysis ◽  
Stated Preference ◽  
Cost Benefit ◽  
Transport Sector ◽  
Benefit Analysis ◽  
Hospital Cardiac Arrest

Economic evaluation of policies regarding out-of-hospital cardiac arrest (OHCA) is important. The value of a statistical life (VSL) for OHCA victims is the most important component in a cost-benefit analysis of interventions that have the possibility to reduce mortality from this cause. This value is not known. We use responses to a national Swedish mail survey, based on the stated-preference technique to directly elicit individuals’ hypothetical willingness to pay for a reduced risk of dying from OHCA. A lower-bound estimate of VSL for OHCA would be in range of SEK 30 to 50 million. The value is found to be higher than for comparable VSL estimates from the transport sector, even though individuals who suffer OHCAs are generally older and less healthy than people who die in road traffic accidents. The results indicate that it is not an overestimation to use the ‘baseline’ VSL value from the transport sector (SEK 24 million) in cost-benefit analysis of OHCA policy decisions and that the cause of death is important when examining willingness to pay for death risk reductions. We do not support a general declining VSL due to the age of the victims, i.e. a ‘senior death discount’, for this cause of death.Published: Online January 2017. In print December 2017.

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