000 02650nam a22002177a 4500
003 UPMIN
005 20250113151037.0
008 250113b |||||||| |||| 00| 0 eng d
040 _cUPMin
090 _aLG993.5 2024
_bA3 M43
100 _aMediana, Nicole Ann Margaret A.
_926743
245 _aWillingness to pay of the general public for agritourism sites in South Cotabato /
_cNicole Ann Margaret A. Mediana, Aurelia Luzviminda V. Gomez, adviser
260 _c2024
300 _a94 leaves
502 _aThesis
_b(BS Agribusiness Economics)
_cUniversity of the Philippines Mindanao,
_d2024
520 3 _aAgritourism industry is a relatively new market in the province of South Cotabato. The industry provides additional income, generates employment opportunities and preserves the natural landscape. However, the services provided by this industry are considered as non-market services which may result in undervaluation. This study investigates the willingness to pay (WTP) for agritourism sites in South Cotabato. The research addresses four key objectives: determining WTP, analyzing factors that influence WTP, identifying important agritourism attributes, and recommending policy directions. Using a contingent valuation method (CVM) with dichotomous choice bids and open-ended bid, the study gathered data from 160 respondents, 90.50% of all respondents were willing to pay for agritourism sites. Binomial logistic regression was utilized to identify the factors that influence WTP based on dichotomous choice bids: groups household monthly income and awareness of agritourism have positive influence on WTP, while bid amounts have negatively influenced WTP. The Tobit model was used to analyze the factors that influence the maximum WTP amount. Based on this regression model, maximum WTP amount is positively influenced by gross personal monthly income, gross household monthly income, and bid amount, while the presence of children under 15 years old in a household and higher level of education negatively influence WTP. Key attributes that enhance the attractiveness of agritourism sites include area offering relaxing environment, presence of accurate signages and availability of information online. Based on the result of the study, it is recommended to enhance public awareness of agritourism, develop child-friendly facilities, provide more government support and enhance the tourist infrastructure. These measures aim to boost and promote the development of the industry.
658 _aUndergraduate Thesis
_cABE200b
700 _aGomez, Aurelia Luzviminda V.
_eadviser
_9906
905 _aUP
_aFi
942 _2lcc
_cTHESIS
_n0
999 _c21029
_d21029