Regression analysis of residents’ perception on willingness to pay (WTP) for improved water supply: a case from Nigeria
Journal Title: Agricultural and Resource Economics: International Scientific E-Journal - Year 2018, Vol 4, Issue 2
Abstract
Purpose. The purpose of this paper was to investigate residents’ perception on willingness to pay (WTP) for improved water supply in Owo Local Government Area of Ondo State, Nigeria using regression analysis. Methodology / approach. Data were collected from 512 households through multistage sampling from eleven political wards in Owo. The data were analysed using descriptive statistics and stepwise regression. Results. Findings showed that 44.9 % of the residents obtained water from public utility while 21.5 % and 18.8 % obtained water from well and borehole respectively. Majority of the residents (72.6 %) were of the opinion that public water supply were irregular and unreliable but were willing to pay for improved water supply (74.6 %). Residents were willing to pay an average sum of N972 (US$2.7) per month for improved water supply services. Originality / scientific novelty. The results of stepwise regression analysis revealed that age, income, access to water supply, education, quality of water, frequency of water supply and gender were the factors influencing residents’ willingness to pay (WTP) for improved water supply services in the study area. There is need for government to create enabling policy for public-private partnership in the improvement of water supply in the study area. Practical value / implications. The implication of these findings is that government and public-private organisation should consider age, income, access to water supply, education, quality of water, frequency of water supply and gender when evaluating residents’ willingness to pay in the study area.
Authors and Affiliations
Tolulope J. Akeju, Samson A. Adeyinka, Gbenga John Oladehinde, Afolabi Francis Fatusin
Keywords
Related Articles
- EP ID EP299023
- DOI -
- Views 112
- Downloads 0
Attitude and perceptions of local communities towards the conservation value of gibe Sheleko national park, Southwestern Ethiopia
The study assessed the attitude and perceptions of the local communities towards Gibe Sheleko National Park. The data was collected from three districts of Gurage Zone. Ten sample kebeles of the selected districts were s...
The subjects of the market of organic agricultural production in Ukraine
The organic market in Ukraine is actively developing. In recent years, there has been an increase in the number of farms that are engaged in the production and marketing of such products. The area under cultivation of or...
Assessment of the impact of land quality on competitiveness of enterprises
Purpose. The purpose of this paper is to highlight the results of assessing the impact of land quality on the competitiveness of agricultural enterprises. Methodology / approach. In this study, we used such methods: econ...
Evaluation and analysis of dynamics of change of efficiency of grain production in Ukraine by DEA method
Purpose. The purpose of the article is to evaluate and analyze the dynamics of changes in the net technical efficiency of grain and leguminous crops production in Ukraine using the DEA method. Methodology / approach. The...
Categories and criteria for determining of small forms of agricultural business
The characteristic features of different criteria and operation of small businesses frequently used in everyday life, scientific journals, the business community professionals. In the article is researched interpretation...