The Effective Factors on Willingness to Pay in the Project of Caspian Sea Water Transfer Using Contingent Valuation Method (Case Study: Semnan City)

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MADDAH M.; Seifalian s.

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Journal: WATER AND WASTEWATER Year:2019 | Volume:30 | Issue:5 (123) Page(s): 75-85

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Title

The Effective Factors on Willingness to Pay in the Project of Caspian Sea Water Transfer Using Contingent Valuation Method (Case Study: Semnan City)

Author(s)

MADDAH M. | Seifalian s. | Issue Writer Certificate

Keywords

Caspian SeaQ1

Contingent Valuation MethodQ2

Willingness to PayQ1

Logit ModelQ1

SemnanQ1

Abstract

People’ s participation is one of the means of financing investment through which will develop investment in different sectors such as the supply of public goods and services. In this research, how to encourage people to participate in the proposed project of water transfer from Caspian Sea to Iran’ s central plateau has been studied. The paper evaluates the value of the citizens of Semnan’ s participation in the implementation of water transfer project from the Caspian Sea to the Central Plateau using the Contingent Valuation Method (CVM) and identifies effective factors on willingness to the pay by applying Logit Model in the framework of Maximum Likelihood Method. Data through two-dimensional dual questionnaire that includes 384 members have been collected. The results from model estimation show that firstly, the variables of income, educational level have a positive and significant effect and the number of household members and the proposed price have a negative and significant effect on the Willingness to Pay of Semnan’ s citizens. Secondly, the average of per household Willingness to Pay, 433, 077, 096 Rials annually and the people’ s annual participation value, 30. 1 milliard Rials is estimated. Citizen’ s willingness to finance the costs of project implementation indicates citizens' responsibility in resolving the regional problems that can be presented as a good model in the performance of national plans and solving of regional problems.

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APA: Copy

MADDAH, M., & Seifalian, s.. (2019). The Effective Factors on Willingness to Pay in the Project of Caspian Sea Water Transfer Using Contingent Valuation Method (Case Study: Semnan City). WATER AND WASTEWATER, 30(5 (123) ), 75-85. SID. https://sid.ir/paper/103727/en

Vancouver: Copy

MADDAH M., Seifalian s.. The Effective Factors on Willingness to Pay in the Project of Caspian Sea Water Transfer Using Contingent Valuation Method (Case Study: Semnan City). WATER AND WASTEWATER[Internet]. 2019;30(5 (123) ):75-85. Available from: https://sid.ir/paper/103727/en

IEEE: Copy

M. MADDAH, and s. Seifalian, “The Effective Factors on Willingness to Pay in the Project of Caspian Sea Water Transfer Using Contingent Valuation Method (Case Study: Semnan City),” WATER AND WASTEWATER, vol. 30, no. 5 (123) , pp. 75–85, 2019, [Online]. Available: https://sid.ir/paper/103727/en

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