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Environment as cultural heritage: the Armenian diaspora's willingness-to-pay to protect Armenia's Lake Sevan, Volume 1
 
Author:Laplante, Benoit; Meisner, Craig; Wang, Hua; Collection Title:Policy Research working paper series ; no. WPS 3520
Country:Armenia; Date Stored:2005/03/06
Document Date:2005/02/01Document Type:Policy Research Working Paper
SubTopics:Water Conservation; Environmental Economics & Policies; Water Use; Health Monitoring & Evaluation; Cultural Heritage & Preservation; Health Economics & Finance; Public Health Promotion; DecentralizationLanguage:English
Region:Europe and Central AsiaReport Number:WPS3520
Volume No:1  

Summary: 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.

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