Economic Valuation of the Recreational Benefit of Negesh Lodge in Woliso, Oromia Regional State, Ethiopia

Forschungsarbeit , 2018 , 66 Seiten

BWL - Sonstiges

There are many tourist attraction sites in Ethiopia. Woliso town, is located in Oromia Region, South west Shewa Zone, on the way from Addis Ababa to Jimma 114 km away from Addis Ababa. The study was conducted on the economic valuation of trecreational benefit of the Negash lodge (Woliso town) recreational by using the travel cost method.As the result of the study indicated that the demand for Negash logde recreational site has been increasing with the increase of monthly average income of visitors and decrease with the increase of individual visitors travel cost. The study analyzed Economic Valuation of the recreational benefit of Negesh lodge (Woliso town) outdoor recreational by using the travel cost method .
Both primary & secondary data types were used. The primary data was collected from sample size town residents and visitors with questioner and face to face interview. For analysis of collected data Both Descriptive Statistical and Econometric analysis truncated Poisson model) were employed.

Inhaltsverzeichnis (Table of Contents)

• ABBREVIATION AND ACRONYMS.
• Acknowledgements
• ABSTRACT
• CHAPTER ONE: INTRODUCTION
• 1.1 Back ground of the study.
• 1.2 statement of the problem
• 1.3 Objective of the study.
• 1.3.1 General objectives
• 1.3.2 Specific objectives.
• 1.4 Hypothesis..............
• 1.5 Significance of the study.
• 5.6 Scope and Limitations of the Study.
• 5.7 Organization of the Paper
• CHAPTER TWO: LITERATURE REVIEW
• 2. Theoretical Frame work....
• 2.1.1 The Need for Environmental Valuation.........
• 2.1.2 Economic Approach to Environmental Valuation
• 2.1.3 Classification of values of environmental resource
• 2.1.4 General approach Method of valuing environment resource.
• 2.1.5 Travel Cost Method (TCM) of Valuing Environmental Resources..
• 2.2 Empirical Literature review.
• 2.2.1 Application of TCM in valuing Recreation site in Ethiopia
• CHAPTER THREE
• 3.1 METHODOLOGY OF THE STUDY
• 3.2 Site Description............
• 3.3 Research methods and data resource
• 3.3.1 Data sources and data collection techniques
• 3.3.2 Sampling method and sample size.
• 3.3.5 Variables Definition and their expected signs
• CHAPTER ROUR: RESULTS AND DISCUSSIONS....
• 4.1. Descriptive analysis
• 4.1.2. Number of population response to visitation.
• 4.2.1. Demand function and recreational benefit estimation....
• CHAPTER 5: CONCLUSIONS AND RECOMMENDATIONS
• 5.1 CONCLUSIONS...
• 5.2 RECOMMENDATIONS..
• Reference
• Appendix I QUESTIONAIRE..
• APPENDIX II: Summary of Description of Variables
• APPENDIX III: Correlation Matrix.........
• APPENDIX IV: Estimation Result of truncated Poisson Models resident and visitor of Negash lodge at truncation point 0
• APPENDIX V: Estimation Result of truncated Poisson Models resident and visitor of Negash lodge at truncation point 1.
• APPENDIX VI: Estimation Result of truncated Poisson Models resident and visitor of Negash lodge at truncation point 1 robust..
• APPENDIX VII: Marginal effects after tpoisson
• Appendix VIII:Presenting Data with Graph of demand function
• Appendix IX: Check normality of a variable visually by looking at some basic graphs..........\n

Zielsetzung und Themenschwerpunkte (Objectives and Key Themes)

This thesis aims to evaluate the economic value of the recreational benefits provided by Negesh Lodge in Woliso, Oromia Regional State, Ethiopia. The study utilizes the Travel Cost Method (TCM) to assess the willingness to pay (WTP) for recreational experiences at the lodge.

• Economic valuation of recreational resources
• Application of the Travel Cost Method (TCM)
• Recreational demand and benefit estimation
• Environmental resource management
• Economic development in Ethiopia

Zusammenfassung der Kapitel (Chapter Summaries)

The thesis begins with an introduction outlining the background of the study, the statement of the problem, the objectives and hypothesis, the significance of the study, and the scope and limitations of the research. It then delves into a comprehensive literature review that explores the need for environmental valuation, economic approaches to valuation, classifications of environmental resource values, general valuation methods, and specifically the Travel Cost Method (TCM).
Chapter three elaborates on the methodology employed in the study, including site description, research methods, data sources, sampling techniques, and variable definitions. Chapter four presents the results and analysis of the study, focusing on descriptive statistics, demand function estimation, and recreational benefit estimation.
The thesis concludes by summarizing the findings and providing recommendations for further research and resource management. The appendices provide additional information and details, including questionnaires, variable descriptions, correlation matrices, and estimation results.

Schlüsselwörter (Keywords)

The key terms and concepts of the thesis include: economic valuation, environmental resource management, recreation, Travel Cost Method (TCM), recreational demand, willingness to pay (WTP), demand function estimation, Negesh Lodge, Woliso, Oromia Regional State, Ethiopia. This research focuses on applying economic principles and methods to assess the value of recreational resources, contributing to sustainable tourism development and environmental conservation in Ethiopia.

• Autor: Alemu Lemi (Autor:in)
• Erscheinungsjahr: 2018
• Seiten: 66
• Katalognummer: V465990
• ISBN (eBook): 9783668950153
• Sprache: Englisch
• Schlagworte: Recreational benefit; Travel cost method; truncated model