WILLINGNESS TO PAY FOR AIR QUALITY IMPROVEMENTS FROM USING ELECTRIC JEEPNEYS IN METRO MANILA

WILLINGNESS TO PAY FOR AIR QUALITY IMPROVEMENTS FROM USING ELECTRIC JEEPNEYS IN METRO MANILA

This study used the contingent valuation method (CVM) to measure the benefits of improved air quality in Metro Manila through the adoption of cleaner public transportation. A single-bound dichotomous choice contingent valuation approach using the referendum format was used to estimate the willingnes...

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Veröffentlicht in:Singapore economic review 2015-09, Vol.60 (4), p.1-1
1. Verfasser: Francisco, Jamil Paolo S
Format: Artikel
Sprache:eng
Schlagworte:
Economic theory
Elasticity
Environmental quality
Manila Philippines
Public transport
Public transportation
Studies
Valuation
Valuation methods
Willingness to pay
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Zusammenfassung:This study used the contingent valuation method (CVM) to measure the benefits of improved air quality in Metro Manila through the adoption of cleaner public transportation. A single-bound dichotomous choice contingent valuation approach using the referendum format was used to estimate the willingness to pay (WTP) from a survey of 1,000 households. The study arrived at WTP estimates for the proposed program ranging from USD3.85 to USD5.77 per month. Income elasticity of WTP was estimated at 0.49. The study also investigated the impact of using secret ballots for eliciting WTP responses to minimize "yea-saying" behavior and reduce social desirability bias. [web URL: http://www.worldscientific.com/doi/abs/10.1142/S0217590815500733]
ISSN:0217-5908
1793-6837