The Value of a Recreational Wetland Ecosystem in Ethiopia: Application of Travel Cost and Choice Experiment Methods to Wondo Genet Recreation Site

ISBN 10: 3639363523 / ISBN 13: 9783639363524
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The Value of a Recreational Wetland Ecosystem in Ethiopia: Application of Travel Cost and Choice Experiment Methods to Wondo Genet Recreation Site. N° de ref. de la librería

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Sinopsis: In this book, an attempt was made to attach quantitative estimates to the on-site recreational benefit of Wondo Genet site so as to demonstrate how the authorities can extract revenue out of the excess benefit to improve qualities and expand the types and varieties of their services. In doing so, the study applied two standard procedures in Environmental Economics, Travel Cost and Choice Experiment Methods, using primary data collected from a survey of 192 visitors at Wondo Genet recreation site. The Travel Cost Method used the amount of money and time people spend getting to the site to derive the demand function for the site, which in turn was used to calculate recreational benefits associated with the site. Using the Maximum Likelihood estimators of truncated models, the annual on-site recreational benefit of the site was estimated to be USD109214.48 per year. On the other hand, the Choice Experiment Method was used to estimate the value of improvement of the site's quality in terms of the attributes selected, three recreational attributes and one monetary attribute. All the attributes were significant factors in affecting the probability of choosing an alternative scenario.

Biografía del autor: is a holder of Msc in Economic Policy Analysis from Addis Ababa University and is working as lecturer of Economics at Bahir Dar University. The author is good at PcGive, Limdep and STATA programs application. He is also involved in various research activities at Bahir Dar University.

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Título: The Value of a Recreational Wetland ...



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Mesfin Geremew
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Descripción VDM Verlag Jul 2011, 2011. Taschenbuch. Estado de conservación: Neu. 220x150x5 mm. Neuware - In this book, an attempt was made to attach quantitative estimates to the on-site recreational benefit of Wondo Genet site so as to demonstrate how the authorities can extract revenue out of the excess benefit to improve qualities and expand the types and varieties of their services. In doing so, the study applied two standard procedures in Environmental Economics, Travel Cost and Choice Experiment Methods, using primary data collected from a survey of 192 visitors at Wondo Genet recreation site. The Travel Cost Method used the amount of money and time people spend getting to the site to derive the demand function for the site, which in turn was used to calculate recreational benefits associated with the site. Using the Maximum Likelihood estimators of truncated models, the annual on-site recreational benefit of the site was estimated to be USD109214.48 per year. On the other hand, the Choice Experiment Method was used to estimate the value of improvement of the site's quality in terms of the attributes selected, three recreational attributes and one monetary attribute. All the attributes were significant factors in affecting the probability of choosing an alternative scenario. 84 pp. Englisch. Nº de ref. de la librería 9783639363524

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Mesfin Geremew
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Descripción VDM Verlag Jul 2011, 2011. Taschenbuch. Estado de conservación: Neu. 220x150x5 mm. Neuware - In this book, an attempt was made to attach quantitative estimates to the on-site recreational benefit of Wondo Genet site so as to demonstrate how the authorities can extract revenue out of the excess benefit to improve qualities and expand the types and varieties of their services. In doing so, the study applied two standard procedures in Environmental Economics, Travel Cost and Choice Experiment Methods, using primary data collected from a survey of 192 visitors at Wondo Genet recreation site. The Travel Cost Method used the amount of money and time people spend getting to the site to derive the demand function for the site, which in turn was used to calculate recreational benefits associated with the site. Using the Maximum Likelihood estimators of truncated models, the annual on-site recreational benefit of the site was estimated to be USD109214.48 per year. On the other hand, the Choice Experiment Method was used to estimate the value of improvement of the site's quality in terms of the attributes selected, three recreational attributes and one monetary attribute. All the attributes were significant factors in affecting the probability of choosing an alternative scenario. 84 pp. Englisch. Nº de ref. de la librería 9783639363524

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Descripción VDM Verlag Jul 2011, 2011. Taschenbuch. Estado de conservación: Neu. 220x150x5 mm. This item is printed on demand - Print on Demand Neuware - In this book, an attempt was made to attach quantitative estimates to the on-site recreational benefit of Wondo Genet site so as to demonstrate how the authorities can extract revenue out of the excess benefit to improve qualities and expand the types and varieties of their services. In doing so, the study applied two standard procedures in Environmental Economics, Travel Cost and Choice Experiment Methods, using primary data collected from a survey of 192 visitors at Wondo Genet recreation site. The Travel Cost Method used the amount of money and time people spend getting to the site to derive the demand function for the site, which in turn was used to calculate recreational benefits associated with the site. Using the Maximum Likelihood estimators of truncated models, the annual on-site recreational benefit of the site was estimated to be USD109214.48 per year. On the other hand, the Choice Experiment Method was used to estimate the value of improvement of the site's quality in terms of the attributes selected, three recreational attributes and one monetary attribute. All the attributes were significant factors in affecting the probability of choosing an alternative scenario. 84 pp. Englisch. Nº de ref. de la librería 9783639363524

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Descripción VDM Verlag, Germany, 2011. Paperback. Estado de conservación: New. 220 x 150 mm. Language: English . Brand New Book. In this book, an attempt was made to attach quantitative estimates to the on-site recreational benefit of Wondo Genet site so as to demonstrate how the authorities can extract revenue out of the excess benefit to improve qualities and expand the types and varieties of their services. In doing so, the study applied two standard procedures in Environmental Economics, Travel Cost and Choice Experiment Methods, using primary data collected from a survey of 192 visitors at Wondo Genet recreation site. The Travel Cost Method used the amount of money and time people spend getting to the site to derive the demand function for the site, which in turn was used to calculate recreational benefits associated with the site. Using the Maximum Likelihood estimators of truncated models, the annual on-site recreational benefit of the site was estimated to be USD109214.48 per year. On the other hand, the Choice Experiment Method was used to estimate the value of improvement of the site s quality in terms of the attributes selected, three recreational attributes and one monetary attribute. All the attributes were significant factors in affecting the probability of choosing an alternative scenario. Nº de ref. de la librería KNV9783639363524

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Descripción VDM Verlag. Paperback. Estado de conservación: New. Paperback. 84 pages. Dimensions: 8.7in. x 5.9in. x 0.2in.In this book, an attempt was made to attach quantitative estimates to the on-site recreational benefit of Wondo Genet site so as to demonstrate how the authorities can extract revenue out of the excess benefit to improve qualities and expand the types and varieties of their services. In doing so, the study applied two standard procedures in Environmental Economics, Travel Cost and Choice Experiment Methods, using primary data collected from a survey of 192 visitors at Wondo Genet recreation site. The Travel Cost Method used the amount of money and time people spend getting to the site to derive the demand function for the site, which in turn was used to calculate recreational benefits associated with the site. Using the Maximum Likelihood estimators of truncated models, the annual on-site recreational benefit of the site was estimated to be USD109214. 48 per year. On the other hand, the Choice Experiment Method was used to estimate the value of improvement of the sites quality in terms of the attributes selected, three recreational attributes and one monetary attribute. All the attributes were significant factors in affecting the probability of choosing an alternative scenario. This item ships from multiple locations. Your book may arrive from Roseburg,OR, La Vergne,TN. Paperback. Nº de ref. de la librería 9783639363524

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