The Individual WTA Changing Analysis for Eco-Compensation Construction in Water Source Conservation Area

Abstract:

Ecological compensation uses economic incentive to address water conservation issues. Stakeholders preference should be considered seriously during the eco-compensation policy making. To that end, the contingent valuation method (CVM) has been widely preferred for its non-market valuation in the process of eco-compensation standard confirmation. In this paper, the research was focused on the changing of individual willingness to accept eco-compensation over years using CVM. With the case study of Miyun Reservoir, China, the changes of residents WTA and key socioeconomic variables were gauged respectively according to two-period investigation in 2008 and 2012. The results showed that the average value of Miyun Reservoir residents WTA was decreasing, and the job and attitude to environment of respondents became the significant predictors of WTA to water conservation during the past 5 years.

• Periodical: Advanced Materials Research (Volumes 779-780)
• Pages: 1437-1440
• DOI: https://doi.org/10.4028/www.scientific.net/AMR.779-780.1437
• Online since: September 2013
• Authors: Bing Yu, Lin Yu Xu
• Keywords: Contingent Valuation Method, Decision Analysis, Miyun Reservoir, Questionnaire Survey

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