The Value of Water Quality Improvement on Lake Hora-Arsedi

No Thumbnail Available

Date

2007-03

Journal Title

Journal ISSN

Volume Title

Publisher

A.A.U

Abstract

Surface water quality affects the wellbeing of local community and thus an improvement to Lake Hora-Arsedi would benefit beshoftu residents. An Improvement proposed in this study is improving the quality of waler in the lake one step from how Beshoftu residents perceived the existing water quality. In this study, an attempt was made to elicit the willingness to pay (WTP) of Beshoftu residents to this improvement using contingent valuation method. A total of 250 households from Beshoftu town residents were selected randomly. The study used the single bounded dichotomous choice technique followed by an open-ended question for eliciting the Willingness to pay of household for the lake clean-up. probit and tobit models were applied to identify factors affecting WTP. The mean willingness to pay estimate, birr 11.42, from closed ended format aggregated for the total population and total willingness to pay of the residents was found to be 119, 893 birr per month and 1,438,716 per annum. While the mean Willingness to pay estimate from open-ended mean willingness to pay estimate, 5.02 birr, this total Willingness to pay was found to be 254,152 birr per month and 3,049,825birr per annum. The study revealed that the distance of the respondent's homestead from the lake, perception of the existing lake water quality, awareness of environmental Problems, income of the respondent, sex of the respondent and family size are factors significantly affect the willingness to pay of a household for lake clean-up. The policy implication of the study is the government or any concerned body could have active Participation of local community by enhancing environmental consciousness of residents and creating awareness 011 the benefits associated with improved lake water quality through meetings and seminars. Moreover, the concerned body should consider the case of major sources of lake pollution and take measures without wasting time to improve the lake water quality

Description

Keywords

Contingent valnation, Water quality improvement, Willingness-to-pay

Citation