Economic valuation of flood risk exposure and reduction in a severely flood prone developing country

Brouwer, Roy; Akter, Sonia; Brander, Luke; Haque, Enamul

doi:10.1017/s1355770x08004828

Cited by 73 publications

(51 citation statements)

References 34 publications

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“…According to Carson et al (1996), however, the majority of WTP estimates for use values based on CVM pass the test of validity involving comparisons of values derived from actual behaviour methods. Brouwer et al (2008) in their study on economic valuation of flood risk exposure and flood control in developing countries also carried out a test-retest six months after the original survey and showed that the stated WTP values were reliable.…”

Section: Methodsmentioning

confidence: 99%

Farmers’ willingness to pay for a village poultry vaccine service in Ethiopia: prospect for enhancing rural livelihoods

Terfa

Garikipati

Dessie³

et al. 2015

Food Sec.

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This research examines farmers' willingness to pay for village poultry vaccine programmes using data from 400 household heads from two districts in Ethiopia, Horro and Jarso. The study applied a contingent valuation method to elicit farmers' willingness to pay for village poultry vaccine services. Two hypothetical vaccine programmes were designed for Newcastle disease and Gumboro disease. Both parametric and non-parametric approaches were employed in data analysis. The results show that farmers recognise the benefits of the vaccine programme and that many would be willing to pay for it. Results from non-parametric estimates produced households' mean willingness to pay Ethiopian Birr (ETB) 80 up to ETB 87 per year based on vaccine programme type. This demonstrates the potential and prospect of reducing the impact of infectious poultry diseases and enhancing rural livelihoods through village poultry. Exponential probit analysis revealed that farmers' willingness to pay for village poultry vaccine service is influenced by age, education level, and region of respondents. Younger and more-educated farmers were more likely to pay for village poultry vaccine services and farmers from Horro, a relatively food secure and educated area, were more likely to pay than those from the less food secure Jarso district.

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Section: Methodsmentioning

confidence: 99%

Farmers’ willingness to pay for a village poultry vaccine service in Ethiopia: prospect for enhancing rural livelihoods

Terfa

Garikipati

Dessie³

et al. 2015

Food Sec.

View full text Add to dashboard Cite

show abstract

“…Loomis (1989Loomis ( , 1990 surveyed the same respondents about water quality improvements in Mono Lake 9 months after the initial survey and found that initial and follow-up WTP were significantly correlated. In a more recent example, Brouwer et al (2008) found that 80 percent of Bangladeshi respondents who were contacted six months after the original in-person WTP survey (for flood risk reduction) said they would answer the WTP question in the same way. In addition to panel studies, four "test-retest" studies were conducted with independent samples from a single population at two time periods (Reiling et al 1990, Teisl et al 1995, Carson et al 1997, Whitehead and Hoban 1999.…”

Section: Literaturementioning

confidence: 99%

“…Among test-retest studies, only Carson et al (1997), Jones-Lee et al (1985), and Brouwer et al (2008) have used in-person interviews.…”

Section: Literaturementioning

confidence: 99%

Giving Stated Preference Respondents “Time to Think”: Results From Four Countries

Cook

Jeuland

Maskery

et al. 2011

Environ Resource Econ

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Previous studies have found that contingent valuation (CV) respondents who are given overnight to reflect on a CV scenario have 30 -40% lower average willingness-to-pay (WTP) than respondents who are interviewed in a single session. This "time to think" (TTT) effect could explain much of the gap between real and hypothetical WTP observed in experimental studies. Yet giving time to think is still rare in binary or multinomial discrete choice studies. We review the literature on increasing survey respondents' opportunities to reflect on their answers and synthesize results from parallel TTT studies on private vaccine demand in four countries. Across all four countries, we find robust and consistent evidence from both raw data and multivariate models for a TTT effect: giving respondents overnight to think reduced the probability that a respondent said he or she would buy the hypothetical vaccines. Average WTP fell approximately 40%. Respondents with time to think were also more certain of their answers, and a majority said they used the opportunity to consult with their spouse or family. We conclude with a discussion of why researchers might be hesitant to adopt the TTT methodology.

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“…Another explanation is related to the fact that the different levels of governments are not responsible for the same flood management policies. 4 To test if the [36] Japan CE Generic Zhai et al [38] Japan CV Structural Fuks and Chatterjee [12] Brazil CV Structural Brouwer et al [6] Bangladesh CV Structural Navrud et al [20] Vietnam CV Generic Private flood policies Brouwer and Atker [5] Bangladesh CE Insurance Botzen et al [4] Netherlands CE Insurance Botzen et al [2] Netherlands CV Non-structural Reynaud and Nguyen [26] Vietnam CE Insurance Brouwer et al [7] Vietnam CE Insurance a CV and CE for contingent valuation and discrete choice experiment multilayered structure matters, we propose in what follows to introduce the level of implementation as an attribute of a flood management policy in the CE.…”

Section: Flood Management Policies and Flood Risks In Vietnammentioning

confidence: 99%

Valuing Flood Risk Reductions

Reynaud

Nguyen

2016

Environ Model Assess

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A choice experiment is used to estimate how Vietnamese households value a flood risk reduction. The empirical analysis is conducted on a sample of households located in the Nghe An Province, one of the provinces which is the most affected by floods in Vietnam. The results reveal that there is a high level of heterogeneity in preferences across households. We compute the willingness to pay (WTP) for a flood risk reduction, and we identify how it relates to different attributes of flood management policies (reduction of economic losses, reduction of human losses, political level in charge of implementing the flood management policy). In particular, the marginal WTP for reducing the flood fatality rate, which can be interpreted as the value of statistical life (VSL), varies from 2 517 million VND (approximately 120,818 USD) to 3 590 million VND (approximately 172,323 USD) depending on the model considered. The VSL represents between 77 and 111 times the annual household average income in our sample, a result in line with previous estimates in similar countries.

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Economic valuation of flood risk exposure and reduction in a severely flood prone developing country

Cited by 73 publications

References 34 publications

Farmers’ willingness to pay for a village poultry vaccine service in Ethiopia: prospect for enhancing rural livelihoods

Farmers’ willingness to pay for a village poultry vaccine service in Ethiopia: prospect for enhancing rural livelihoods

Giving Stated Preference Respondents “Time to Think”: Results From Four Countries

Valuing Flood Risk Reductions

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