Environment as cultural heritage: the Armenian diaspora's willingness-to-pay to protect Armenia's Lake Sevan
AbstractThis 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.
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Bibliographic InfoPaper provided by The World Bank in its series Policy Research Working Paper Series with number 3520.
Date of creation: 01 Feb 2005
Date of revision:
Water Conservation; Cultural Heritage&Preservation; Public Health Promotion; Environmental Economics&Policies; Decentralization; Health Economics&Finance; Water Use; Health Monitoring&Evaluation; Environmental Economics&Policies; Water Conservation;
This paper has been announced in the following NEP Reports:
- NEP-ALL-2005-02-20 (All new papers)
- NEP-CUL-2005-02-20 (Cultural Economics)
- NEP-DCM-2005-02-20 (Discrete Choice Models)
- NEP-ENV-2005-02-20 (Environmental Economics)
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- Susan O. Keitumetse, 2013. "Cultural Resources as Sustainability Enablers: Towards a Community-Based Cultural Heritage Resources Management (COBACHREM) Model," Sustainability, MDPI, Open Access Journal, vol. 6(1), pages 70-85, December.
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