Willingness to Pay, Contingent Valuation, Extension Service
2. Article / Journal
Crop Farmers’ Willingness to Pay for Agricultural Extension Services in Bangladesh: Cases of Selected Villages in Two Important Agro-ecological Zones / Journal of Agricultural Education and Extension
: Ryeong Im Kim
2019. 03. 07. (Wed.) - 12:00 ~ 13:30
Seminar room 418, Graduate School of International Agricultural Technology
6. Main contents
○ Through this paper, we can know how to apply one of the way for qualitative method such as interviews in the paper with quantative method.
○ In Bangladesh, it has the system for supporting agricultural extension services for farmers. But with the problems including shortage of funding, it cannot be sustainable and cannot reflect the demands from farmers.
○ Hence, this study can present the alternative funding mechanisms for farmers contributing to the services with the total or partial financial support as potential clients of extension services.
○ It used contingent valuation method (CVM) for investigating farmers’ WTP on agricultural extension services. Logit and Tobit model was used to assess the determinants of WTP and amount willing to pay (AWTP) respectively. .
○ More than 80% of crop farmers are willing to pay maximum 50 BDT on an average for each advisory visit, with the condition of economic benefit.
○ The important determinants of farmers’ WTP for extension service is education, income from agriculture and farming experience.
○ AWTP(Amount of WTP) by farmers is shaped by education, total income and proportion of crops sold annually.
○ Farmers mostly wanted the advisory service on crop protection.