December 1, 2015 Thesis Open Access

Nigiste Abebe

DCAT Export

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        <foaf:name>Nigiste Abebe</foaf:name>
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    <dct:title>Assessing the economic value of protecting lakes in Bishoftu town: the case of lake Babogaya and lake Kuriftu</dct:title>
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    <dct:description>&lt;p&gt;This research paper has been conducted on the topics assessing the economic value of lake protection in Bishoftu in the case of lake Babogaya and lake Kuriftu. Protecting lake ecosystem is crucial not only to protect this country&amp;rsquo;s public and economic health, but also to preserve and to restore the natural environment for all aquatic and terrestrial living things. Now days, these lakes are encountered different problems. However, no project plan has been planed and implemented to protect the lakes. This leads the researcher to conduct a research on this issue. The main object of the study is assessing the communities&amp;rsquo; and visitors&amp;rsquo; willingness to pay for the two lakes protection. A CVM was applied using biding game elicitation format with a single bound dichotomous choice question followed by open ended follow up question and face-to-face interview were undertaken on a sample of 406 respondents. In the study both descriptive and econometrics analysis are employed. The descriptive analysis to the sustainability of lakes shows that, from residents, 74% of Babogaya and 84% of Kuriftu respondent said it will be difficult for the lakes to sustain without any protection.&lt;/p&gt;</dct:description>
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