Estimating Willingness to Pay for Water: A Contingent Valuation Study on Meki Town
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Date
1997-06
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A.A.U
Abstract
In this paper, the methed of comingent valuation (CV) is employed to assess consumers
Willingness to pay for an improved water supply service provided through aprivate
Connection, The facus group for study are 264 households who randomly selected
From the small Ethiopian town of Meki.
Though 95.5 percent of the sample use a predominantly piped water source.s4 percent of
them consider the existing source to be instatisfactory. Hence an improved system which also
Charges higher tarff rate than existing one was welcomed by many of the sample.In fact,a
Tariff rate of 10 cents per insrra, in spite of being almost double the current average price,
Was found affordable to 89 percent of the sample.
It was also observed that willingness-to-pay bid responses are past random members but
Sensible expressions of consumersnces which in fact are partly explained by economic
Variables such as incame and the time cost of fetching water alternative sources.
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Keywords
Water, Valuation