ECONOMIC VALUATION ON THE HOUSEHOLDS’ WILLINGNESS TO PAY FOR AN IMPROVEMENT IN ENVIRONMENTAL SANITATION IN THE UNIVERSITY OF EASTERN PHILIPPINES: AN ECONOMIC ANALYSIS
Published In: INTERNATIONAL CONFERENCE ON ADVANCES IN SOCIAL SCIENCE, ECONOMICS AND HUMAN BEHAVIOR
Author(s): CHERRY I. ULTRA
Abstract: Economic valuation is assigning an economic value to environmental factors such as the quality of air and water and damage caused by pollution that are normally not taken into account in financial valuation. It deals with quantifying the preferences of individuals for an environmental commodities. Thus, this paper was conducted to analyze the households’ willingness to pay for an improvement in environmental sanitation in the University of Eastern Philippines. This paper hoped to provide answers to the following questions: a) households’ willingness to pay for an improvement in environmenal sanitation, and b) the economic factors affecting the willingness to pay of households’ for an improvement in environmental sanitation though a solid waste management program in the University of Eastern Philippines.
- Publication Date: 09-Mar-2014
- DOI: 10.15224/978-1-63248-003-3-110
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BIDS OF HOUSEHOLDS FOR IMPROVEMENT IN ENVIRONMENTAL SANITATION IN SELECTED LAKESHORE COMMUNITIES SURROUNDING LAGUNA DE BAY
Published In: INTERNATIONAL CONFERENCE ON ADVANCES IN SOCIAL SCIENCE, ECONOMICS AND HUMAN BEHAVIOR
Author(s): CHERRY I. ULTRA , ALLAN A. ULTRA
Abstract: This paper estimated the bids of households for improvement in environmental sanitation in selected lakeshore communities surrounding Laguna de Bay.The study made use of primary data gathered from sample households through household surveys and focus group discussions. Key informant interviews with garbage collection personnel were also conducted. Majority (85%) of the 577 sample respondents in the four lakeshore communities studied indicated that they were willing to pay for an improvement in environmental sanitation through a solid waste management program. The modal WTP bids in all communities ranged from P61 to P80 from the household survey and P41 to P60 from the FGD. Currently, no garbage collection fee is charged from households in all the sample lakeshore communities. Based on the foregoing results of the study, the following recommendations are suggested: 1) the local government should devise better solid waste management systems in their localities; 2) organizers or other sta
- Publication Date: 09-Mar-2014
- DOI: 10.15224/978-1-63248-003-3-111
- Views: 0
- Downloads: 0