Willingness to Pay Among Consumers for The Cost of Electronic Waste in Davao City
Melvin B. Tinio
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Melvin B. Tinio: Researcher
International Journal of Research and Scientific Innovation, 2024, vol. 11, issue 3, 131-167
Abstract:
The study aimed to understand the willingness of consumers in Davao City to pay for the environmental cost of electronic waste. Using a cross-sectional survey research design, a questionnaire was administered to 258 consumers selected through stratified random sampling. The study found that most participants were female, aged 41 to 50, held a bachelor’s degree, had 1 to 2 children, earned between 20,000.00-29,999.00, owned a house, and were aware of the health effects of poor waste disposal. They were also satisfied with waste management services and were willing to pay Php 41.67 per sack every month for the environmental costs of electronic waste. The Probit analysis revealed that age, number of children, income, and satisfaction with waste management services significantly influenced their willingness to pay. The study recommends establishing an e-waste recycling policy emphasizing accountability of end users, suppliers, and manufacturers, and the need for cooperation among multiple stakeholders, including the government, producers, consumers, and especially the informal sectors.
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:bjc:journl:v:11:y:2024:i:3:p:131-167
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