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Estimating farmers’ willingness to pay for climate change adaptation: the case of the Malaysian agricultural sector

This paper estimates Malaysian farmers’ willingness to pay (WTP) for a planned adaptation programme for addressing climate issues in the Malaysian agricultural sector. We used the contingent valuation method (CVM) for a monetary valuation of farmers’ preferences for a planned adaptation programme by...

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Main Authors: Masud, Muhammad Mehedi, Ha, Junsheng, Akhtar, Rulia, Al-Amin, Abul Quasem, Kari, Fatimah
Format: Article
Published: Springer 2015
Subjects:
HD28 Management. Industrial Management
Online Access:http://eprints.utm.my/id/eprint/55062/
http://dx.doi.org/10.1007/s10661-014-4254-z
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spelling my.utm.550622017-02-15T07:31:55Z http://eprints.utm.my/id/eprint/55062/ Estimating farmers’ willingness to pay for climate change adaptation: the case of the Malaysian agricultural sector Masud, Muhammad Mehedi Ha, Junsheng Akhtar, Rulia Al-Amin, Abul Quasem Kari, Fatimah HD28 Management. Industrial Management This paper estimates Malaysian farmers’ willingness to pay (WTP) for a planned adaptation programme for addressing climate issues in the Malaysian agricultural sector. We used the contingent valuation method (CVM) for a monetary valuation of farmers’ preferences for a planned adaptation programme by ascertaining the value attached to address climatic issues in the Malaysian agricultural sector. Structured questionnaires were distributed among the sampled farmers. The study found that 74 % of respondents were willing to pay for a planned adaptation programme and that several socioeconomic and motivation factors have greater influence on their WTP. This paper clearly specifies the steps needed for all institutional bodies to better address issues in climate change. The outcomes of this paper will support policy makers to better design an efficient adaptation framework for adapting to the adverse impacts of climate change. Springer 2015-02 Article PeerReviewed Masud, Muhammad Mehedi and Ha, Junsheng and Akhtar, Rulia and Al-Amin, Abul Quasem and Kari, Fatimah (2015) Estimating farmers’ willingness to pay for climate change adaptation: the case of the Malaysian agricultural sector. Environmental Monitoring and Assessment, 187 (2). pp. 1-12. ISSN 0167-6369 http://dx.doi.org/10.1007/s10661-014-4254-z DOI:10.1007/s10661-014-4254-z
institution Universiti Teknologi Malaysia
building UTM Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Teknologi Malaysia
content_source UTM Institutional Repository
url_provider http://eprints.utm.my/
topic HD28 Management. Industrial Management
spellingShingle HD28 Management. Industrial Management
Masud, Muhammad Mehedi
Ha, Junsheng
Akhtar, Rulia
Al-Amin, Abul Quasem
Kari, Fatimah
Estimating farmers’ willingness to pay for climate change adaptation: the case of the Malaysian agricultural sector
description This paper estimates Malaysian farmers’ willingness to pay (WTP) for a planned adaptation programme for addressing climate issues in the Malaysian agricultural sector. We used the contingent valuation method (CVM) for a monetary valuation of farmers’ preferences for a planned adaptation programme by ascertaining the value attached to address climatic issues in the Malaysian agricultural sector. Structured questionnaires were distributed among the sampled farmers. The study found that 74 % of respondents were willing to pay for a planned adaptation programme and that several socioeconomic and motivation factors have greater influence on their WTP. This paper clearly specifies the steps needed for all institutional bodies to better address issues in climate change. The outcomes of this paper will support policy makers to better design an efficient adaptation framework for adapting to the adverse impacts of climate change.
format Article
author Masud, Muhammad Mehedi
Ha, Junsheng
Akhtar, Rulia
Al-Amin, Abul Quasem
Kari, Fatimah
author_facet Masud, Muhammad Mehedi
Ha, Junsheng
Akhtar, Rulia
Al-Amin, Abul Quasem
Kari, Fatimah
author_sort Masud, Muhammad Mehedi
title Estimating farmers’ willingness to pay for climate change adaptation: the case of the Malaysian agricultural sector
title_short Estimating farmers’ willingness to pay for climate change adaptation: the case of the Malaysian agricultural sector
title_full Estimating farmers’ willingness to pay for climate change adaptation: the case of the Malaysian agricultural sector
title_fullStr Estimating farmers’ willingness to pay for climate change adaptation: the case of the Malaysian agricultural sector
title_full_unstemmed Estimating farmers’ willingness to pay for climate change adaptation: the case of the Malaysian agricultural sector
title_sort estimating farmers’ willingness to pay for climate change adaptation: the case of the malaysian agricultural sector
publisher Springer
publishDate 2015
url http://eprints.utm.my/id/eprint/55062/
http://dx.doi.org/10.1007/s10661-014-4254-z
_version_ 1643653682541101056
score 13.211869

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