Using Contingent Valuation Method to Explore the Households’ Participation and Willingness to Pay for Improved Plastic Waste Management in North Vietnam
An Thinh Nguyen,
Mai Tran,
Thuy Nguyen and
Quy Khuc ()
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An Thinh Nguyen: VNU University of Economics and Business, Vietnam National University
A chapter in Contemporary Economic Issues in Asian Countries: Proceeding of CEIAC 2022, Volume 2, 2023, pp 219-237 from Springer
Abstract:
Abstract This study aims to inquire into residents’ awareness and responses to plastic waste, and their willingness to pay for enhancing plastic waste treatment in the North of Vietnam. We employed the contingent valuation method (CVM) and randomly surveyed 525 households in 25 provinces in Northern Vietnam. Findings suggest that a majority are interested and aware of impacts of plastic waste pollution, and 76.8% are willing to contribute to a fund designated for plastic waste pollution alleviation. Residents’ willingness to pay range from VND 680,775 to VND 944,461 per household per month. Age, gender, perceived effects of waste pollution, illness due to pollution, and care of plastic waste pollution are top factors influencing the households’ voluntary financial contribution to environmental fund. This study provides several evidence-based policy recommendations to improve the quality of plastic treatment in the North of Vietnam.
Keywords: Willingness to pay; Awareness of waste treatment; Plastic waste pollution in Vietnam; Plastic waste (search for similar items in EconPapers)
Date: 2023
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Working Paper: Using contingent valuation method to explore the households’ participation and willingness-to-pay for improved plastic waste management in North Vietnam (2022) 
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-981-99-0490-7_14
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DOI: 10.1007/978-981-99-0490-7_14
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