@article{ORDOFAJARA:316623,
      recid = {316623},
      author = {ORDOFA JARA, Gemechu and TESHOME GEBRETSADIK, Wubishet and  TEMAM HAJIFATO, Nesru},
      title = {Households' willingness to pay for the conservation of  Noug: a case study},
      journal = {Review of Agricultural and Applied Economics (RAAE)},
      address = {2021-10-31},
      number = {1340-2021-1617},
      month = {Oct},
      year = {2021},
      note = {doi: 10.15414/raae.2021.24.02.37-48;   https://roaae.org/issue/review-of-agricultural-and-applied-economics-raae-vol-24-no-2-2021/?article=households-willingness-to-pay-for-the-conservation-of-noug-a-case-study},
      abstract = {Research background: Crop genetic resource conservation  and management requires farmers’ financial and labour  contribution. Guizotia abyssinica (locally named as ‘Noug’)  is among the oil crops originated from Ethiopia, but  currently neglected and poorly managed resource. Purpose of  the article: The purpose of this research to understand  farmers’ behaviour for conservation program and identify  better policy, by examining factors affecting households’  willingness to pay (WTP) for conservation Guizotia  abyssinica, and by estimating the aggregate welfare  contribution of household for the proposed conservation  program in West Shewa, Ethiopia. Methods: A contingent  valuation survey, double bound with an open-ended follow-up  question was directed on 160 selected rural households  using multi-stage sampling method. Probit model is employed  to achieve the purpose of this study. Findings & Value  added: The probit model result showed that factors, such as  the amount of credit received, perception of conservation  problem, education, frequency of extension contact,  proportion of land allocated to Guizotia abyssinica, income  from Guizotia abyssinica and income from farm activity have  a positive and statistically significant effect on  households’ WTP. On the other hand, total livestock  holding, age of households, and initial bid have a negative  and significant effect WTP. The aggregate welfare  contribution household was estimated to be 1,718,059  man-days and 23,260,839 Ethiopian Birr per year. Improving  farmer’s extension contact, training farmers, education and  solving financial constraints can increase the farmers  Guizotia abyssinica conservation in the study area.},
      url = {http://ageconsearch.umn.edu/record/316623},
      doi = {https://doi.org/10.22004/ag.econ.316623},
}