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Low-income fishermen's willingness-to-pay for fisheries and watershed management: An application of choice experiment to Lake Tana, Ethiopia

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  • Agimass, Fitalew
  • Mekonnen, Alemu

Abstract

In this paper, choice experiment was applied for valuation of Lake Tana's fishery and watershed. Two attributes — fishing control and lake side plantation — were identified as relevant attributes for the choice experiment. A monetary attribute — payment for fishing permit was also included. Multinomial and random parameter logit models were used for estimation. All the attributes included were significant factors in affecting the probability of choosing an alternative scenario. The results suggest that fishermen were more concerned about fishing control as reflected by the higher value they give to fishing control than lake side plantation. Household income, years of education, and family size were found to be significant. The economic welfare measures we calculated for two scenarios show that fishermen were willing to pay 57 birr (US$5.3)) per month for a moderate improvement scenario and 93 birr (US$8.6) per month for an aggressive scenario for the two attributes.

Suggested Citation

  • Agimass, Fitalew & Mekonnen, Alemu, 2011. "Low-income fishermen's willingness-to-pay for fisheries and watershed management: An application of choice experiment to Lake Tana, Ethiopia," Ecological Economics, Elsevier, vol. 71(C), pages 162-170.
  • Handle: RePEc:eee:ecolec:v:71:y:2011:i:c:p:162-170
    DOI: 10.1016/j.ecolecon.2011.08.025
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    References listed on IDEAS

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    Cited by:

    1. Carole Ropars-Collet & Mélody Leplat & Philippe Le Goffe & Marie Lesueur, 2015. "La pêche professionnelle est-elle un facteur d’attractivité récréative sur le littoral ?," Revue économique, Presses de Sciences-Po, vol. 66(4), pages 729-754.
    2. Tabi, Andrea & Wüstenhagen, Rolf, 2017. "Keep it local and fish-friendly: Social acceptance of hydropower projects in Switzerland," Renewable and Sustainable Energy Reviews, Elsevier, vol. 68(P1), pages 763-773.
    3. repec:irf:wpaper:000 is not listed on IDEAS
    4. Kanchanaroek, Yingluk & Termansen, Mette & Quinn, Claire, 2013. "Property rights regimes in complex fishery management systems: A choice experiment application," Ecological Economics, Elsevier, vol. 93(C), pages 363-373.
    5. Cranford, Matthew & Mourato, Susana, 2014. "Credit-Based Payments for Ecosystem Services: Evidence from a Choice Experiment in Ecuador," World Development, Elsevier, vol. 64(C), pages 503-520.
    6. Carole Ropars–Collet & Mélody Leplat & Philippe Le Goffe & Marie Lesueur, 2015. "Commercial Fishery as an Asset for Recreational Demand on the Coastline: Evidence from a Choice Experiment in France, United Kingdom and Belgium," 2015 EAFE (European Association of Fisheries Economists) Conference Papers 009, Nisea.

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