Comparing money and labour payment in contingent valuation: the case of forest fire prevention in Vietnamese context

Le Trong Hung, John Loomis and Vu Tien Thinh
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Le Trong Hung: Department of Economics and Business Management, Forestry University, Xuan Mai-Hatay, Vietnam, Postal: Department of Economics and Business Management, Forestry University, Xuan Mai-Hatay, Vietnam
Vu Tien Thinh: Department of Forest, Range Land and Water Stewardship, Colorado State University, Fort Collins, CO 80523, Postal: Department of Forest, Range Land and Water Stewardship, Colorado State University, Fort Collins, CO 80523

Journal of International Development, 2007, vol. 19, issue 2, 173-185

Abstract: The contingent valuation method for valuing public goods is a relatively new method in Vietnam. In developed countries, payments are often requested in money, but the form of payment should be more flexible in developing countries that do not have extensive cash economies. Drawing on historical precedent in Vietnam, payment in working days was also used and accepted by the local people; payment in money was less acceptable for the firebreak establishment and maintenance programme. The household mean willingness to pay for the firebreak establishment and maintenance programme was five days a year. The contingent valuation method was found workable at least for a forest fire prevention programme in the Vietnamese context. The lessons learned from this study should be of interest to researchers and policy makers considering applying the contingent valuation method in newly emerging market economies. Copyright © 2006 John Wiley & Sons, Ltd.

Date: 2007
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Persistent link: https://EconPapers.repec.org/RePEc:wly:jintdv:v:19:y:2007:i:2:p:173-185

DOI: 10.1002/jid.1294

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