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Comparing money and labour payment in contingent valuation: the case of forest fire prevention in Vietnamese context

  • Le Trong Hung

    (Department of Economics and Business Management, Forestry University, Xuan Mai-Hatay, Vietnam)

  • John B. Loomis

    (Department of Agricultural and Resource Economics, Colorado State University, Fort Collins, CO 80523, USA)

  • Vu Tien Thinh

    (Department of Forest, Range Land and Water Stewardship, Colorado State University, Fort Collins, CO 80523)

The contingent valuation method for valuing public goods is a relatively new method in Vietnam. In developed countries, payments are often requested in money, but the form of payment should be more flexible in developing countries that do not have extensive cash economies. Drawing on historical precedent in Vietnam, payment in working days was also used and accepted by the local people; payment in money was less acceptable for the firebreak establishment and maintenance programme. The household mean willingness to pay for the firebreak establishment and maintenance programme was five days a year. The contingent valuation method was found workable at least for a forest fire prevention programme in the Vietnamese context. The lessons learned from this study should be of interest to researchers and policy makers considering applying the contingent valuation method in newly emerging market economies. Copyright © 2006 John Wiley & Sons, Ltd.

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File URL: http://hdl.handle.net/10.1002/jid.1294
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Article provided by John Wiley & Sons, Ltd. in its journal Journal of International Development.

Volume (Year): 19 (2007)
Issue (Month): 2 ()
Pages: 173-185

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Handle: RePEc:wly:jintdv:v:19:y:2007:i:2:p:173-185
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  1. P. B. Anand & Roger Perman, 1999. "Preferences, inequity and entitlements: some issues from a CVM study of water supply in Madras, India," Journal of International Development, John Wiley & Sons, Ltd., vol. 11(1), pages 27-46.
  2. John Loomis & Armando Gonzalez-Caban & Hayley Hesseln, 2004. "Multicultural Evaluation of the Performance of Contingent Valuation for Forest Fire Prevention," Contemporary Economic Policy, Western Economic Association International, vol. 22(3), pages 407-419, 07.
  3. John B. Loomis & Lucas S. Bair & Armando Gonz�lez-Cab�n, 2002. "Language-Related Differences in a Contingent Valuation Study: English Versus Spanish," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 84(4), pages 1091-1102.
  4. Dale Whittington, 2002. "Improving the Performance of Contingent Valuation Studies in Developing Countries," Environmental & Resource Economics, European Association of Environmental and Resource Economists, vol. 22(1), pages 323-367, June.
  5. Dale Whittington, 1996. "Administering Contingent Valuation Surveys in Developing Countries," EEPSEA Special and Technical Paper sp199601t1, Economy and Environment Program for Southeast Asia (EEPSEA), revised Jan 1996.
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