Regression analysis of residents’ perception on willingness to pay (WTP) for improved water supply: a case from Nigeria
Purpose. The purpose of this paper was to investigate residents’ perception on willingness to pay (WTP) for improved water supply in Owo Local Government Area of Ondo State, Nigeria using regression analysis. Methodology / approach. Data were collected from 512 households through multistage sampli...
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| Format: | Article |
| Language: | English |
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Institute of Eastern European Research and Consulting
2018-06-01
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| Series: | Agricultural and Resource Economics |
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| Online Access: | http://are-journal.com/are/article/view/166 |
| _version_ | 1818909922830581760 |
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| author | Tolulope J. Akeju Samson A. Adeyinka Gbenga J. Oladehinde Afolabi F. Fatusin |
| author_facet | Tolulope J. Akeju Samson A. Adeyinka Gbenga J. Oladehinde Afolabi F. Fatusin |
| author_sort | Tolulope J. Akeju |
| collection | DOAJ |
| description | Purpose. The purpose of this paper was to investigate residents’ perception on willingness to pay (WTP) for improved water supply in Owo Local Government Area of Ondo State, Nigeria using regression analysis.
Methodology / approach. Data were collected from 512 households through multistage sampling from eleven political wards in Owo. The data were analysed using descriptive statistics and stepwise regression.
Results. Findings showed that 44.9 % of the residents obtained water from public utility while 21.5 % and 18.8 % obtained water from well and borehole respectively. Majority of the residents (72.6 %) were of the opinion that public water supply were irregular and unreliable but were willing to pay for improved water supply (74.6 %). Residents were willing to pay an average sum of N972 (US$2.7) per month for improved water supply services.
Originality / scientific novelty. The results of stepwise regression analysis revealed that age, income, access to water supply, education, quality of water, frequency of water supply and gender were the factors influencing residents’ willingness to pay (WTP) for improved water supply services in the study area. There is need for government to create enabling policy for public-private partnership in the improvement of water supply in the study area.
Practical value / implications. The implication of these findings is that government and public-private organisation should consider age, income, access to water supply, education, quality of water, frequency of water supply and gender when evaluating residents’ willingness to pay in the study area. |
| first_indexed | 2024-12-19T22:34:37Z |
| format | Article |
| id | doaj.art-b65e7c3b3da74102a98facd415277eae |
| institution | Directory Open Access Journal |
| issn | 2414-584X |
| language | English |
| last_indexed | 2024-12-19T22:34:37Z |
| publishDate | 2018-06-01 |
| publisher | Institute of Eastern European Research and Consulting |
| record_format | Article |
| series | Agricultural and Resource Economics |
| spelling | doaj.art-b65e7c3b3da74102a98facd415277eae2022-12-21T20:03:16ZengInstitute of Eastern European Research and ConsultingAgricultural and Resource Economics2414-584X2018-06-0142518Regression analysis of residents’ perception on willingness to pay (WTP) for improved water supply: a case from NigeriaTolulope J. Akeju0Samson A. Adeyinka1Gbenga J. Oladehinde2Afolabi F. Fatusin3Obafemi Awolowo UniversityObafemi Awolowo UniversityObafemi Awolowo UniversityAdekunle Ajasin UniversityPurpose. The purpose of this paper was to investigate residents’ perception on willingness to pay (WTP) for improved water supply in Owo Local Government Area of Ondo State, Nigeria using regression analysis. Methodology / approach. Data were collected from 512 households through multistage sampling from eleven political wards in Owo. The data were analysed using descriptive statistics and stepwise regression. Results. Findings showed that 44.9 % of the residents obtained water from public utility while 21.5 % and 18.8 % obtained water from well and borehole respectively. Majority of the residents (72.6 %) were of the opinion that public water supply were irregular and unreliable but were willing to pay for improved water supply (74.6 %). Residents were willing to pay an average sum of N972 (US$2.7) per month for improved water supply services. Originality / scientific novelty. The results of stepwise regression analysis revealed that age, income, access to water supply, education, quality of water, frequency of water supply and gender were the factors influencing residents’ willingness to pay (WTP) for improved water supply services in the study area. There is need for government to create enabling policy for public-private partnership in the improvement of water supply in the study area. Practical value / implications. The implication of these findings is that government and public-private organisation should consider age, income, access to water supply, education, quality of water, frequency of water supply and gender when evaluating residents’ willingness to pay in the study area.http://are-journal.com/are/article/view/166residents’ perceptionwillingness to payimproved water supplyNigeria |
| spellingShingle | Tolulope J. Akeju Samson A. Adeyinka Gbenga J. Oladehinde Afolabi F. Fatusin Regression analysis of residents’ perception on willingness to pay (WTP) for improved water supply: a case from Nigeria Agricultural and Resource Economics residents’ perception willingness to pay improved water supply Nigeria |
| title | Regression analysis of residents’ perception on willingness to pay (WTP) for improved water supply: a case from Nigeria |
| title_full | Regression analysis of residents’ perception on willingness to pay (WTP) for improved water supply: a case from Nigeria |
| title_fullStr | Regression analysis of residents’ perception on willingness to pay (WTP) for improved water supply: a case from Nigeria |
| title_full_unstemmed | Regression analysis of residents’ perception on willingness to pay (WTP) for improved water supply: a case from Nigeria |
| title_short | Regression analysis of residents’ perception on willingness to pay (WTP) for improved water supply: a case from Nigeria |
| title_sort | regression analysis of residents perception on willingness to pay wtp for improved water supply a case from nigeria |
| topic | residents’ perception willingness to pay improved water supply Nigeria |
| url | http://are-journal.com/are/article/view/166 |
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