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Analysis of Visitors Willingness to Pay for Recreational Use Value of ''Menagesha Suba'' Forest Park: Application of Contingent Valuation Method

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dc.contributor.advisor Tufa, Adane (PhD
dc.contributor.author Tadesse, Mekdes
dc.date.accessioned 2018-11-08T14:35:12Z
dc.date.available 2018-11-08T14:35:12Z
dc.date.issued 2014-03
dc.identifier.uri http://localhost:80/xmlui/handle/123456789/14016
dc.description.abstract Ecosystem service valuation is being developed as a vehicle to integrate ecological understanding and economic considerations to redress the traditional neglect of ecosystem services in policy decisions. One of the benefit that could be generated from ecosystem is recreational service .The Menagesha Suba forest Park, which was found by Emperor Ze'ra Yacob in the 17 th century, located in Oromia regional state 30 KM east of the capital city Addis Ababa, with its natural and cultural values is one of the distinguished potential areas where recreation and tourism activities can be carried out. This study has been undertaken with the objective of determining the recreational and tourism use value of Menagesha Suba Park with using contingent valuation method and examining effective factors affecting users' willingness to pay at the current Condition and for proposed future improvement. The study was aimed at estimating recreational benefits (direct service values) of the park using primary data collected from onsite visitors . A total of 165 usable data were collected from recreationalist using the double bounded dichotomous choice contingency valuation survey using a simple random sampling technique from onsite visitors. After that, the recreational and tourism use values (willingness to pay) for the Park were calculated after doing necessary statistical analysis. According to survey results which conducted in Menagesha Suba Park, the mean willingness to pay recreational use value per visit per person for current situation was estimated to be ETB 46.2 and recreational value after improvement was estimated to be ETB 91.9. The maximum willingness to pay per visit was estimated to be ETB 44.63 per visit for current condition and ETB72.1 for proposed improvement. From the results of the survey ,Initial bide level, income level, being an Ecologist, Quality of the recreational site, age of the respondent and sex of the respondent were found to affect visitors willingness to pay significantly. Furthermore visitors have high willingness to pay for improvement than the current status quo. In conclusion visitors of Menagesha Suba Park are willing to pay higher amount than they are charged currently. The implication is that any policy direction towards the provision of effective recreational service and natural resource conservation should incorporate demand side information. Key words: Tourism, recreation, Menagesha Suba Park, contingent valuation method. en_US
dc.language.iso en en_US
dc.publisher Addis Ababa University en_US
dc.subject Tourism en_US
dc.subject recreation en_US
dc.subject Menagesha Suba Park en_US
dc.subject contingent valuation method en_US
dc.title Analysis of Visitors Willingness to Pay for Recreational Use Value of ''Menagesha Suba'' Forest Park: Application of Contingent Valuation Method en_US
dc.type Thesis en_US

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