Study on willingness to pay for sewage water treatment in Karnataka: A contingent valuation method)
Keywords:
Contingent valuation, Sewage treatment, Tobit model, Willingness
Abstract
The present study attempted to analyze the socio economic characters and willingness to pay for sewage watermanagement by the households residing near sewage channel in Hubballi-Dharwad, Mysuru and Bengaluru Metropolis. Theprimary data required for the study was collected from the households during the month of January- February, 2021. A set of15 households were selected randomly under each municipal corporation was interviewed. Based on the Continent valuationmethod (CVM), this study assesses household’s willingness to pay for sewage treatment in Hubballi-Dharwad, Mysuru andBengaluru. It was evident from outcomes of the study that lower level of education and income status of the households werethe most vital factors responsible for their settlement near sewage channel due to deprived economic status. The primevariable for estimation of Willingness to pay (WTP) function is household income of the individual. It was observed that thecoefficient of household’s income turned out to be significant and positive. This implies that higher income has a causal linkwith higher willingness to pay. Awareness level of the individual regarding sewage treatment is also key determinant
Published
2021-09-20
How to Cite
DESHETTI, M. B., KULKARNI, G., KULKARN, V. S., & PATIL, R. (2021). Study on willingness to pay for sewage water treatment in Karnataka: A contingent valuation method). Journal of Farm Sciences, 34(03), 289-294. https://doi.org/10.61475/jfm.v34i03.305
Section
Research Article
Copyright (c) 2021 Journal of Farm Sciences
This work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.