UPV Theses and Dissertations
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Item Economic valuation of seagrasses in Nueva Valencia, Guimaras: A contingent valuation studyBundal, 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.Item Analysis of the cost structure and profitability of small-scale catfish farming in Zarraga, IloiloBiene, Brylle D.; Tayco, Zaphara Mae M. (Division of Social Sciences, College of Arts and Sciences, University of the Philippines Visayas, 2013-04)Catfish farming has contributed significantly to the economy of Zarraga, Iloilo. Currently however there are a few existing literature on the economic viability of the venture. This study was undertaken to bridge that gap. Nineteen small-scale catfish farmers were chosen as respondents of the study using simple random sampling method. This study evaluated the economic performance of small-scale catfish farming using cost and return analysis. Measures and indicators of profitability such as benefit-cost ratio, rate of return on capital investment, payback period and break-even points were solved to determine profitability. Sensitivity analysis was also done to examine the effect of changes in major variables on the profitability of small-scale catfish farms. Results showed that small-scale catfish farming in Zarraga, Iloilo is profitable with positive pure, gross and financial profit. The findings also indicated that it is more sensitive to changes in the market price of catfish compared to changes in the prices of major inputs such as feeds, fingerlings and labor. It is recommended that local government programs such as fingerlings dispersal and research supporting catfish farming will be carried out.Item Cost and return analysis of milkfish operations in different farm sizes in Barotac Nuevo, IloiloBelgira, Gay Nanette (Division of Social Sciences, College of Arts and Sciences, University of the Philippines Visayas, 1996-07)Milkfish (Chanos chanos) is the most important pond cultured fish specie in the Philippines. Barotac Nuevo, where the study was conducted, is among the most productive in the province of Iloilo in terms of milkfish culture. Cost and Return Analysis of Milkfish Production evaluates the economic performance of 30 milkfish farms in Barotac Nuevo, Iloilo. The economic performance of milkfish farms were assessed using profit, revenue, return on investment, rate of return on operating cost, and payback period. Investment and cost structure were also presented. Comparative analysis was done by farm size namely; small farms (less than 5ha), medium farms (5.01 to 20ha) and large farms (above 20ha). Farm investment increased as farm size increased. The highest yield per hectare per crop was obtained by medium farms (708.86kg) followed by large farms (566.76kg) and small farms (394.16kg). For all farms, economic profit decreased as fann size increased on a per farm basis. Small farms had an economic profit of P7,525.25. Medium farms had P55,157.66 while large farms had P131,575.59. Results showed that variable cost of medium farms(21,056.97) on a per hectare basis was higher than that of the large farms(20,298.67) while fixed cost of all farms on a per hectare basis decreased as farms size increased. Opportunity cost of farms on a per hectare basis decreased as farm size increased. Small farms had the lowest return on investment (14.30%) followed by medium farms (30.68%) and large farms (42.31%). Rate of return on operating cost for small farms was 56.03% while medium farms had 26.53% and large farms had 13.14%. Payback period of all farms decreased as farms size increased. Small farms had 6.99 years, medium farms had 3.29 years and large farms had 2.36 years. From all economic indicators presented, milkfish pond culture remains a profitable business venture in Barotac Nuevo, Iloilo. Small farms were found to be productive due to the close farm supervision devoted by owners themselves, but medium farms were found to be most profitable farm size to operate in milkfish pond culture in Barotac Nuevo, Iloilo. Large farms has lower yield because of the large area it occupies that an operator can hardly check all areas.