Economic Value of Liquid Organic Fertilizer Project in the Vietnamese Mekong Delta

DOI IR (HANDLE) Open Access
  • KHAI Huynh Viet
    School of Economics, Can Tho University
  • XUAN Huynh Thi Dan
    School of Economics, Can Tho University
  • YABE Mitsuyasu
    Laboratory of Agricultural and Farm Management, Department of Agricultural and Resource Economics, Faculty of Agriculture, Kyushu University

Search this article

Description

The study determined the economic value of the proposed liquid organic fertilizer (LOF) project in the Vietnamese Mekong Delta through the estimation of farmers’ willingness to pay using the approach of the double–bounded dichotomous choice contingent valuation model (DBDC CVM). The results showed that the majority of farmers supported and agreed to buy LOF with a willingness to pay or a price of around 169,000 VND ($7.44) per ton. Farmers who used to apply organic fertilizers before or consider the use of biomass fertilizer as safe are more likely to pay for the proposed LOF.

Journal

Keywords

Details 詳細情報について

Report a problem

Back to top