Environment as cultural heritage: the Armenian diaspora's willingness-to-pay to protect Armenia's Lake Sevan

Benoit Laplante, Craig Meisner and Hua Wang

No 3520, Policy Research Working Paper Series from The World Bank

Abstract: This paper presents a study of willingness-to-pay of the Armenian Diaspora in the United States to protect Armenia's Lake Sevan, a unique and precious symbol of the Armenian cultural heritage. Dichotomous choice contingent valuation questions were asked by mail surveys to elicit respondents'willingness to pay for the protection of Lake Sevan. The results show that on average, each household of the Armenian Diaspora in the United States would be willing to provide a one-time donation of approximately US$80 to prevent a further degradation of Lake Sevan, and approximately US$280 to restore the quality of the lake by increasing its water level by 3 meters.

Keywords: Water Conservation; Cultural Heritage&Preservation; Public Health Promotion; Environmental Economics&Policies; Decentralization; Health Economics&Finance; Water Use; Health Monitoring&Evaluation; Environmental Economics&Policies; Water Conservation (search for similar items in EconPapers)
Date: 2005-02-01
New Economics Papers: this item is included in nep-cul, nep-dcm and nep-env
References: View complete reference list from CitEc
Citations: View citations in EconPapers (4)

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