Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/321701 
Year of Publication: 
2019
Citation: 
[Journal:] Bio-based and Applied Economics (BAE) [ISSN:] 2280-6172 [Volume:] 8 [Issue:] 2 [Year:] 2019 [Pages:] 211-234
Publisher: 
Firenze University Press, Florence
Abstract: 
This paper examines the determinants of farmers' willingness-to-accept (WTA) in a hypothetical payment scheme for the adoption of stone and soil bunds in northern Ghana using contingent valuation data from 305 farm households. Bayesian estimation of the interval-data regression model is employed to obtain farmers' WTA and its determinants. Besides farmer and household characteristics, farm characteristics and socioeconomic and institutional variables such as soil fertility and previous participation in conservation projects increase and decrease willingness-to-accept respectively. The results suggest that costs of soil and water conservation payment schemes may be significantly decreased by careful targeting of households more ready to accept compensation.
Subjects: 
Conservation technology/practice
interval-data regression model
willingness-to-accept
Contingent valuation method
Payment for Environmental Service
JEL: 
Q18, Q56, Q57
Persistent Identifier of the first edition: 
Creative Commons License: 
cc-by Logo
Document Type: 
Article

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