IDEAS home Printed from https://ideas.repec.org/
MyIDEAS: Login to save this paper or follow this series

Valuing Environmental Services Using Contingent Valuation Method

  • Duangmany Luangmany

    (Environmental Training Center and the Environment Research Institute)

  • Souphandone Voravong

    (Environmental Training Center and the Environment Research Institute)

  • Kaisorn Thanthathep

    (Environmental Training Center and the Environment Research Institute)

  • Daovinh Souphonphacdy

    (Environmental Training Center and the Environment Research Institute)

  • Malabou Baylatry

    (Environmental Training Center and the Environment Research Institute)

Registered author(s):

    This paper presents the results of two studies in Lao PDR that assessed people's willingness to pay (WTP) using the Contingent Valuation Methodology (CVM). The first study investigated the WTP of residents for the sustainable development and maintenance of urban parks in the city using Saysetha Park as the case study. In this study residents expressed that urban parks are very important to them as they are areas for relaxation and areas to conserve urban biodiversity. The WTP survey revealed that the residents' mean WTP is 10,741kip/month/household. With this amount, it was estimated that a monthly water bill surcharge of 3,000/kip/month/household may be recommended to maintain urban parks. The second study assessed the WTP for biodiversity conservation and sustainability in the Houay Nhang Protected Area. Using CVM, the WTP responses showed that the monthly contribution that would be acceptable to the people is 5,000 kip. The logit regression shows that this WTP value is influenced by bid prices, gender, and educational levels. The respondents recognized the importance of the protected area for environmental and biodiversity protection.

    If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.

    File URL: http://www.idrc.ca/uploads/user-S/12628447961Luangmany_et_al_-_Valuing_Environmental_Services.pdf
    File Function: First version, 2009
    Download Restriction: no

    Paper provided by Economy and Environment Program for Southeast Asia (EEPSEA) in its series EEPSEA Special and Technical Paper with number tp200910t4.

    as
    in new window

    Length:
    Date of creation: Oct 2009
    Date of revision: Oct 2009
    Handle: RePEc:eep:tpaper:tp200910t4
    Contact details of provider: Web page: http://www.eepsea.net

    More information through EDIRC

    No references listed on IDEAS
    You can help add them by filling out this form.

    This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

    When requesting a correction, please mention this item's handle: RePEc:eep:tpaper:tp200910t4. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Arief Anshory yusuf)

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If references are entirely missing, you can add them using this form.

    If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    This information is provided to you by IDEAS at the Research Division of the Federal Reserve Bank of St. Louis using RePEc data.