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UPV Theses and Dissertations

Permanent URI for this communityhttps://hdl.handle.net/20.500.14583/10

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Committee Chair: search.filters.chair.Fernandez, Pepito R., Jr.Degree: search.filters.degree.Bachelor of Arts in Economics

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    Economic valuation of seagrasses in Nueva Valencia, Guimaras: A contingent valuation study
    Bundal, Kristine Shiela Mae B.; Taperla, Roald Ray B. (Division of Social Sciences, College of Arts and Sciences, University of the Philippines Visayas, 2015-06)
    This study assessed the willingness of the residents of Guimbal, Iloilo, to pay for the conservation of seagrasses in Nueva Valencia, Guimaras. The study was conducted to find solutions to the problem of growing seagrass decline in the area. The lack of necessary policies or programs and conservation financing, that would protect and improve the integrity of the resource are putting a lot of pressure not only on the associate resources, but also on the livelihood of the people who are dependent on the resource. The contingent valuation method (CVM) was used to elicit people’s willingness-to-pay to contribute to a conservation trust fund for the protection and improvement of the state of the estimated 20- hectare area of seagrasses in Barangay Tando. It has been under serious threats of rapid decline ever since the occurrence of the 2006 M/T Solar-1 oil spill, which also affected the area. The study found out that 89.32% of the respondents would be willing to pay to support the conservation of the seagrass ecosystem. The study also found out that the primary motivation behind the willingness-to-pay of the respondents was their concern for the benefit of future generations. In addition, based on the people’s WTP, an estimated amount of PHP 900,917.64 could be raised annually to fund or support the conservation of the seagrasses and its associate resources in Barangay Tando. Given this potential source of revenue, the residents preferred a payment collection scheme through additional taxes on property or utility bills like electricity bill. Furthermore, this study reveals pertinent socioeconomic and conservation financing implications that need to be considered in managing seagrass resources.
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    The economic cost of motorcycle accidents in Iloilo City
    Brodit, Vyel Marie C.; Maghopoy, John Martin F. (Division of Social Sciences, College of Arts and Sciences, University of the Philippines Visayas, 2016-06)
    The increasing number of motorcycle accidents in the Philippines is a serious concern. Every accident involves costs, especially among the people involved. Using the Human Capital Approach, this study estimated the cost of motorcycle accidents in Iloilo City, focusing on the cost incurred by those involved in the accident, including the motorist, the passenger of the motorist, the driver of the other vehicle, and the pedestrian. Costs were also estimated according to the severity of the injury. Cost data were collected from 101 study participants who were involved in 92 separate motorcycle accidents in Iloilo City in 2015. The costs estimated include medical costs, productivity loss, property damages, accident settlement, other costs, and pain and suffering. Results show that the total cost of the motorcycle accident was P82,507,768.25 or P26,377.16 per accident victim. The motorists incurred the largest cost at P36,897.51 per victim and the passengers incurred the least cost at P 6,910.93 per victim. The medical expenses comprised 46 percent of the total cost, highlighting how motorcycle accidents pose a grave threat to health and to the household economy. Seriously injured victims incurred P170,594.98 per accident, while victims with minor injuries incurred P 9,002.29 per accident. The study recommends for: 1) strict enforcement of road safety and traffic rules and regulation; 2) identification of areas where motorcycle accidents are common and studying the physical layout of the area that could have contributed to the accidents; 3) studying the factors contributing to motorcycle accidents; 4) including the cost of motorcycle accidents on society in future similar studies; and 5) the estimation of the optimal number of motorcycles on the road, which could guide traffic program design.