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The relationship between people’s attitude and willingness to pay for river conservation

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  • Halkos, George

Abstract

This research advances the understanding of people’s attitude towards water resources valuation. Specifically, it aims to improve confidence in the interpretation of people’s willingness to pay (WTP) for water resources protection by enhancing understanding of value relationships. Primary data were obtained from a sample of 510 people living in and visiting the Pinios River in the eastern part of Central Greece. Respondents’ behavior was explored by measuring and comparing use and non-use values with the help of a proposed constructed scale for measuring the dimensions of Total Economic Value of a water resource. For this purpose, a combination of applied methodological research techniques like Principal Component and Cluster Analyses together with logistic regression was used. The results indicated the relative importance of particular value components in determining water resources conservation preferences, as well as individuals’ WTP for protecting them. We have extracted four factors and explored their influence on respondents’ WTP and the general attitude towards the area. There were high associations between WTP of individuals towards river protection in relation to their characteristics (like education, income and origin).

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  • Halkos, George, 2013. "The relationship between people’s attitude and willingness to pay for river conservation," MPRA Paper 50560, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:50560
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    Cited by:

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    2. Paunić, Alida, 2016. "Brazil, Preservation of Forest and Biodiversity," MPRA Paper 71462, University Library of Munich, Germany.
    3. Anastasia Gkargkavouzi & George Halkos & Steriani Matsiori, 2019. "A Multi-dimensional Measure of Environmental Behavior: Exploring the Predictive Power of Connectedness to Nature, Ecological Worldview and Environmental Concern," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 143(2), pages 859-879, June.
    4. Shivaraj Thapa & Subina Shrestha & Ram Kumar Adhikari & Suman Bhattarai & Deepa Paudel & Deepak Gautam & Anil Koirala, 2022. "Residents’ willingness-to-pay for watershed conservation program facilitating ecosystem services in Begnas watershed, Nepal," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 24(6), pages 7811-7832, June.
    5. Imran Khan & Hongdou Lei & Gaffar Ali & Shahid Ali & Minjuan Zhao, 2019. "Public Attitudes, Preferences and Willingness to Pay for River Ecosystem Services," IJERPH, MDPI, vol. 16(19), pages 1-17, October.

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    More about this item

    Keywords

    River; Contingent Valuation; WTP; Total Economic Value.;
    All these keywords.

    JEL classification:

    • C80 - Mathematical and Quantitative Methods - - Data Collection and Data Estimation Methodology; Computer Programs - - - General
    • D12 - Microeconomics - - Household Behavior - - - Consumer Economics: Empirical Analysis
    • Q25 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Water
    • Q28 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Government Policy
    • Q51 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Valuation of Environmental Effects
    • Q57 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Ecological Economics

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