Browsing by Author "Daba, Amenu"

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    Economic Valuation of the Recreational Use Value of Babogayya Lake (Bishoftu Town): Application of the Individual Travel Cost Method (ITCM)
    (Addis Ababa University, 2014-06) Daba, Amenu; Tufa, Adane (PhD)
    There are many tourist attraction sites in Ethiopia. Bishoftu town, is located in Oromia Region, Eastern Shewa Zone, on the way from Addis Ababa to Adama and some 50 km away from Addis Ababa. This study analysis & shed light on the economic valuation of the use value of the Babogayya Lake (Bishoftu town) outdoor recreational by using the travel cost method. Both primary & secondary data types were used. For collection of the data both structured questionnaires’ and interviews were used. For analysis of collected data both Descriptive Statistical and Econometric analysis (count data regression model (Poisson model) were employed. The study estimated that the individual outdoor recreational demand (LnVrate= 0.5366- 0.000028tc), total annual recreational benefit of the site ($90,811,935.5959) and total annual consumer surplus of the site ($39,231,916.3559). Based on the study results possible policy implications were also provided