Willingness to Pay for Reliable Water Supply in Barangay Langgam, San Pedro, Laguna
Date
6-2023
Degree
Bachelor of Science in Economics
College
College of Economics and Management (CEM)
Adviser/Committee Chair
Maria Angeles O. Catelo
Committee Member
Veronica Castillo, Gideon P. Carnaje, Agham C. Cuevas
Abstract
Regular interruptions of water service have been a long-standing problem in Barangay Langgam, San Pedro, Laguna. Residents of the said barangay experience heavy burdens such as lack of sleep from stocking up on water at night and affected day-to-day living due to the poor supply of water. Using a Contingent Valuation Method (CVM), this study discusses the valuation for a reliable water supply of households in Barangay Langgam. The CVM method includes the random distribution of survey questionnaires to 160 household heads who are residents of Barangay Langgam.
The results of the logistic regression found that bid amount, monthly income, and sex are statistically significant factors which affect the WTP of the respondents. Bid amount and sex were found to have a negative relationship with the WTP of the respondents, while monthly income was found to have a positive relationship with WTP. The study also elicited the mean WTP of the respondents, which is Php 83.68 using the Turnbull Estimator. With the percentage of “yes” votes and the mean WTP amount, the water service provider can collect an estimated monthly revenue of Php 414,048.51 which can be used to help fund the proposed project to improve the water supply reliability in Barangay Langgam.
Language
English
LC Subject
Water-supply -- Philippines, Consumer behavior
Location
UPLB College of Economics and Management (CEM)
Call Number
LG 993.5 2023 E2 S53
Recommended Citation
Sicot, Justine Paolo B., "Willingness to Pay for Reliable Water Supply in Barangay Langgam, San Pedro, Laguna" (2023). Undergraduate Theses. 11624.
https://www.ukdr.uplb.edu.ph/etd-undergrad/11624
Document Type
Thesis
Notes
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