The Value of An Improvement to Lake Chamo to the Fishermen of the Lake

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Date

2005-06

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A.A.U

Abstract

Water quality is a major factor that affects fish and thus an improvement to Lake Chamo would benefit. Fishermen of the lake directly. An improvement proposed in this study is improving the quality of the lake one step from how the fishermen of the lake perceived existing water quality and maintaining the current depth of the lake. To elicil the willingness 10 pay (WTP) of the fishermen to this improvement the study used CVM by applying the double-bounded dichotomous choice value elicitation format. The results suggest that the probability (jl saying yes .for a given bid increases with the education level of the respondent, income of the household, and it also increases if Lake Chamo is the only lake for the respondent to catch fish. On the other hand this probability declines as the perception of the respondent goes from bad 10 excellent. In addition, this probability decreases if the respondent is member to Arbaminch fishermen association and the reason for this inverse relationship between the probability of yes response and membership 10 the association may be due to the payment vehicle, i. e, since the registered .fishermen have already been paying taxes, they may not be willing to pay additional taxes. The average W7P obtained in the study is 4.63 birr per month. Key words: Water quality, CVM, lake Chamo, Ethiopia, .fishermen.

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Keywords

CVM, Water Quality

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