The Economic Valuation Of Gedo Natural Forest Conservation Benefits, Ethiopia

The Economic Valuation Of Gedo Natural Forest Conservation Benefits, Ethiopia | Research Square window.SnipcartSettings = { analytics: { enabled: false } }; (function() { var accessVector = localStorage.getItem('access_vector') || ''; window.dataLayer = window.dataLayer || []; if (accessVector) { window.dataLayer.push({ user: { profile: { profileInfo: { snid: accessVector } } } }); } })(); (function(w,d,s,l,i){w[l]=w[l]||[];w[l].push({'gtm.start':new Date().getTime(),event:'gtm.js'});var f=d.getElementsByTagName(s)[0],j=d.createElement(s),dl=l!='dataLayer'?'&l='+l:'';j.async=true;j.src='https://www.googletagmanager.com/gtm.js?id='+i+dl;f.parentNode.insertBefore(j,f);})(window,document,'script','dataLayer','GTM-K279D39R'); Browse Preprints In Review Journals COVID-19 Preprints AJE Video Bytes Research Tools Research Promotion AJE Professional Editing AJE Rubriq About Preprint Platform In Review Editorial Policies Our Team Advisory Board Help Center Sign In Submit a Preprint Cite Share Download PDF Research The Economic Valuation Of Gedo Natural Forest Conservation Benefits, Ethiopia Tadesse Tolera This is a preprint; it has not been peer reviewed by a journal. https://doi.org/ 10.21203/rs.3.rs-1345953/v1 This work is licensed under a CC BY 4.0 License Status: Under Review Version 1 posted 8 You are reading this latest preprint version Abstract Forest ecosystem economic valuation is responsible for ecologically aware and reasonable gains to the country and particularly to the surrounding groups through different means. Thus, the central objective of this study was to analyze the economic valuation Gedo Natural Forest conservation benefits of using the contingent valuation method. Both primary and secondary data were employed in this study. The interview responses of 342 households nominated from three kebeles around Gedo natural forest were collected in purpose and random sampling procedures through a semi-structure questionnaire. The mean willingness to pay calculated by means of Krinsky Robb technique after running of Seemingly Unrelated Bivariate Probit Regression from the dichotomous choice format and open-ended questions was 24.97 and 23.91 birr per year, respectively. The outcomes of Tobit model shown that the total livestock unit, total annual income of the household, and the amount of credit utilization are meaningful variables positively and significantly related to the likelihood of willingness to pay for the conservation benefits of Gedo natural forest. On the other hand, the households’ family size, the households’ age, and initial bid value were other important variables negatively and significantly influence households’ willingness to pay for the conservation benefits of Gedo natural forest. The liable body could, therefore, apply the scenario of willingness to pay in the study area, so that the Gedo natural forest could be conserved, measurable benefit to the households could be practical, and future awareness of respective household could be raised. Gedo Natural Forest Economic Valuation Seemingly Unrelated Bivariate Probit Regression Tobit Model Willingness to Pay Full Text Cite Share Download PDF Status: Under Review Version 1 posted Reviewer # 3 agreed at journal 24 May, 2022 Reviewer # 2 agreed at journal 20 May, 2022 Reviewers invited by journal 19 May, 2022 Reviewer # 1 agreed at journal 19 May, 2022 Editor assigned by journal 15 Feb, 2022 Submission checks completed at journal 15 Feb, 2022 Editor invited by journal 15 Feb, 2022 First submitted to journal 09 Feb, 2022 You are reading this latest preprint version Research Square lets you share your work early, gain feedback from the community, and start making changes to your manuscript prior to peer review in a journal. As a division of Research Square Company, we’re committed to making research communication faster, fairer, and more useful. We do this by developing innovative software and high quality services for the global research community. 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Also discoverable on Platform About Our Team In Review Editorial Policies Advisory Board Help Center Resources Author Services Accessibility API Access RSS feed Manage Cookie Preferences © Research Square 2026 | ISSN 2693-5015 (online) Privacy Policy Terms of Service Do Not Sell My Personal Information {"props":{"pageProps":{"initialData":{"identity":"rs-1345953","acceptedTermsAndConditions":true,"allowDirectSubmit":false,"archivedVersions":[],"articleType":"Research","associatedPublications":[],"authors":[{"id":89286770,"identity":"0bfb9e05-7e2a-4736-a6b8-a6a33978229b","order_by":0,"name":"Tadesse Tolera","email":"data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAAZAAAAAyAQMAAABI0h/eAAAABlBMVEX///8AAABVwtN+AAAACXBIWXMAAA7EAAAOxAGVKw4bAAAA9ElEQVRIiWNgGAWjYHACAwjFDiIqgJiZuQGveh6oFgkGZhB1BqSFkRQtjG0gNgEt9uyHNz788cemjp+Z+diHn/Nqo/nbgVp+VGzDbQtPWrExb1uahGQzW/LM3m3Hc2ccZmxg7DlzG4/DcsykGRsOSxgc5jFm4N12LLcBqIWZsQ2PFv435j9//PkP1ML/mfHvnGO58wlqkcgxY+BhOwCyhZmZt6EmdwNBLTeeFUvztiVLzmxmM2aWOXYgdyNQy0F8fmHvT9748ccfO35+9ubHjG9q6nLnnT988MGPCtxa0MFhMHmAaPVAUEeK4lEwCkbBKBghAABrMVUcuTbBRQAAAABJRU5ErkJggg==","orcid":"","institution":"Ambo University Woliso Campus","correspondingAuthor":true,"submittingAuthor":false,"prefix":"","firstName":"Tadesse","middleName":"","lastName":"Tolera","suffix":""}],"badges":[],"createdAt":"2022-02-10 10:16:58","currentVersionCode":1,"declarations":"","doi":"10.21203/rs.3.rs-1345953/v1","doiUrl":"https://doi.org/10.21203/rs.3.rs-1345953/v1","draftVersion":[],"editorialEvents":[],"editorialNote":"","failedWorkflow":false,"files":[{"id":19133520,"identity":"93f37814-a34d-4990-a900-ebff3339f7a2","added_by":"auto","created_at":"2022-03-11 16:17:50","extension":"pdf","order_by":1,"title":"","display":"","copyAsset":false,"role":"manuscript-pdf","size":407270,"visible":true,"origin":"","legend":"","description":"","filename":"GedolastJIE.pdf","url":"https://assets-eu.researchsquare.com/files/rs-1345953/v1_covered.pdf"}],"financialInterests":"","formattedTitle":"\u003cp\u003eThe Economic Valuation Of Gedo Natural Forest Conservation Benefits, Ethiopia\u003c/p\u003e","fulltext":[{"header":"Full Text","content":"This preprint is available for \u003ca href='/article/rs-1345953/latest.pdf' target='_blank'\u003edownload as a PDF\u003c/a\u003e."}],"fulltextSource":"","fullText":"","funders":[],"hasAdminPriorityOnWorkflow":false,"hasManuscriptDocX":false,"hasOptedInToPreprint":true,"hasPassedJournalQc":"","hasAnyPriority":false,"hideJournal":false,"highlight":"","institution":"","isAcceptedByJournal":false,"isAuthorSuppliedPdf":true,"isDeskRejected":"","isHiddenFromSearch":false,"isInQc":false,"isInWorkflow":false,"isPdf":false,"isPdfUpToDate":true,"isWithdrawnOrRetracted":false,"journal":{"display":true,"email":"[email protected]","identity":"journal-of-innovation-and-entrepreneurship","isNatureJournal":false,"hasQc":true,"allowDirectSubmit":false,"externalIdentity":"jiae","sideBox":"Learn more about [Journal of Innovation and Entrepreneurship](http://innovation-entrepreneurship.springeropen.com/)","snPcode":"","submissionUrl":"https://www.editorialmanager.com/jiae/default.aspx","title":"Journal of Innovation and Entrepreneurship","twitterHandle":"@Springernomics","acdcEnabled":true,"dfaEnabled":false,"editorialSystem":"em","reportingPortfolio":"BMC/SO AJ","inReviewEnabled":true,"inReviewRevisionsEnabled":true},"keywords":"Gedo Natural Forest, Economic Valuation, Seemingly Unrelated Bivariate Probit Regression, Tobit Model, Willingness to Pay","lastPublishedDoi":"10.21203/rs.3.rs-1345953/v1","lastPublishedDoiUrl":"https://doi.org/10.21203/rs.3.rs-1345953/v1","license":{"name":"CC BY 4.0","url":"https://creativecommons.org/licenses/by/4.0/"},"manuscriptAbstract":"\u003cp\u003eForest ecosystem economic valuation is responsible for ecologically aware and reasonable gains to the country and particularly to the surrounding groups through different means. Thus, the central objective of this study was to analyze the economic valuation Gedo Natural Forest conservation benefits of using the contingent valuation method. Both primary and secondary data were employed in this study. The interview responses of 342 households nominated from three kebeles around Gedo natural forest were collected in purpose and random sampling procedures through a semi-structure questionnaire. The mean willingness to pay calculated by means of Krinsky Robb technique after running of Seemingly Unrelated Bivariate Probit Regression from the dichotomous choice format and open-ended questions was 24.97 and 23.91 birr per year, respectively. The outcomes of Tobit model shown that the total livestock unit, total annual income of the household, and the amount of credit utilization are meaningful variables positively and significantly related to the likelihood of willingness to pay for the conservation benefits of Gedo natural forest. On the other hand, the households’ family size, the households’ age, and initial bid value were other important variables negatively and significantly influence households’ willingness to pay for the conservation benefits of Gedo natural forest. The liable body could, therefore, apply the scenario of willingness to pay in the study area, so that the Gedo natural forest could be conserved, measurable benefit to the households could be practical, and future awareness of respective household could be raised.\u0026nbsp;\u003c/p\u003e","manuscriptTitle":"The Economic Valuation Of Gedo Natural Forest Conservation Benefits, Ethiopia","msid":"","msnumber":"","nonDraftVersions":[{"code":1,"date":"2022-03-11 16:17:44","doi":"10.21203/rs.3.rs-1345953/v1","editorialEvents":[{"type":"communityComments","content":0},{"type":"reviewerAgreed","content":"","date":"2022-05-25T00:00:00+00:00","index":3,"fulltext":""},{"type":"reviewerAgreed","content":"","date":"2022-05-21T00:00:00+00:00","index":2,"fulltext":""},{"type":"reviewersInvited","content":"","date":"2022-05-20T00:00:00+00:00","index":"","fulltext":""},{"type":"reviewerAgreed","content":"","date":"2022-05-20T00:00:00+00:00","index":1,"fulltext":""},{"type":"editorAssigned","content":"","date":"2022-02-16T00:00:00+00:00","index":"","fulltext":""},{"type":"checksComplete","content":"","date":"2022-02-15T23:00:00+00:00","index":"","fulltext":""},{"type":"editorInvited","content":"","date":"2022-02-15T23:00:00+00:00","index":"","fulltext":""},{"type":"submitted","content":"","date":"2022-02-10T00:00:00+00:00","index":"","fulltext":""}],"status":"published","journal":{"display":true,"email":"[email protected]","identity":"journal-of-innovation-and-entrepreneurship","isNatureJournal":false,"hasQc":true,"allowDirectSubmit":false,"externalIdentity":"jiae","sideBox":"Learn more about [Journal of Innovation and Entrepreneurship](http://innovation-entrepreneurship.springeropen.com/)","snPcode":"","submissionUrl":"https://www.editorialmanager.com/jiae/default.aspx","title":"Journal of Innovation and Entrepreneurship","twitterHandle":"@Springernomics","acdcEnabled":true,"dfaEnabled":false,"editorialSystem":"em","reportingPortfolio":"BMC/SO AJ","inReviewEnabled":true,"inReviewRevisionsEnabled":true}}],"origin":"","ownerIdentity":"99dd3a3a-9490-420a-9daa-31227f07717c","owner":[],"postedDate":"March 11th, 2022","published":true,"recentEditorialEvents":[],"rejectedJournal":[],"revision":"","amendment":"","status":"under-review","subjectAreas":[],"tags":[],"updatedAt":"2022-03-11T16:17:44+00:00","versionOfRecord":[],"versionCreatedAt":"2022-03-11 16:17:44","video":"","vorDoi":"","vorDoiUrl":"","workflowStages":[]},"version":"v1","identity":"rs-1345953","journalConfig":"researchsquare"},"__N_SSP":true},"page":"/article/[identity]/[[...version]]","query":{"redirect":"/article/rs-1345953","identity":"rs-1345953","version":["v1"]},"buildId":"7rjqhiLT3MXkJMwkYKINL","isFallback":false,"isExperimentalCompile":false,"dynamicIds":[84888],"gssp":true,"scriptLoader":[]}