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Environment as cultural heritage: the Armenian diaspora's willingness-to-pay to protect Armenia's Lake Sevan

Author

Listed:
  • Laplante, Benoit
  • Meisner, Craig
  • Wang, Hua

Abstract

This paper presents a study of willingness-to-pay of the Armenian Diaspora in the United States to protect Armenia's Lake Sevan, a unique and precious symbol of the Armenian cultural heritage. Dichotomous choice contingent valuation questions were asked by mail surveys to elicit respondents'willingness to pay for the protection of Lake Sevan. The results show that on average, each household of the Armenian Diaspora in the United States would be willing to provide a one-time donation of approximately US$80 to prevent a further degradation of Lake Sevan, and approximately US$280 to restore the quality of the lake by increasing its water level by 3 meters.

Suggested Citation

  • Laplante, Benoit & Meisner, Craig & Wang, Hua, 2005. "Environment as cultural heritage: the Armenian diaspora's willingness-to-pay to protect Armenia's Lake Sevan," Policy Research Working Paper Series 3520, The World Bank.
    • Handle: RePEc:wbk:wbrwps:3520
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    Citations

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    Cited by:

    1. Turner, Robert & Willmarth, Blake, 2014. "Valuation of Cultural and Natural Resources in North Cascades National Park: Results from a Tournament-Style Contingent Choice Survey," Working Papers 2014-01, Department of Economics, Colgate University, revised 23 Jan 2014.
    2. Lecocq, Franck & Shalizi, Zmarak, 2007. "How might climate change affect economic growth in developing countries ? a review of the growth literature with a climate lens," Policy Research Working Paper Series 4315, The World Bank.
    3. Susan O. Keitumetse, 2013. "Cultural Resources as Sustainability Enablers: Towards a Community-Based Cultural Heritage Resources Management (COBACHREM) Model," Sustainability, MDPI, vol. 6(1), pages 1-16, December.

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