WILLINGNESS TO PAY FOR SANITATION: EVIDENCE FROM HEDONIC PRICE MODEL (HPM)

Sanitation management issues have gained global interest due to its immense impact on health and economic development, especially within the developing regions of the world. In Ghana, despite the proactive policies implemented by the government, households still find it as a problem to have access to improved sanitation. In this research, we hypothesize that access to sanitation in residences increases housing appraisal value. The hedonic price model was applied to value the access to improved sanitation facilities based on a household survey that was conducted in Dangme west and Dangme east. It was found that households are willing to pay GHS125 monthly for access to toilet facilities in residences and GHS113 for the access to proper disposal of their waste in residences. The results gotten from this study support the need for further analysis to investigate the impact of access to proper sanitation facilities and services through housing markets.

TABLE OF CONTENTS

LIST OF TABLE

LIST OF FIGURES

ABBREVIATIONS

CHAPTER ONE: INTRODUCTION

1.0 Background of the Study

1.1 Statement of the Problem 

1.2 Objectives

1.2.1 General Objectives 

1.2.2 Specific Objective

1.3 Research Questions

1.4 Significance of the Study

1.5 Organization of the Study

CHAPTER TWO: LITERATURE REVIEW ...............................................................2.0 Introduction ...............................................................2.1 Theoretical Review ...............................................................2.1.1 Total Economic Value ...............................................................2.1.2 Types of Economic Valuation Methods ...............................................................2.2 Hedonic Pricing Model ...............................................................2.3 Hedonic Hypothesis ...............................................................2.4 Empirical Review 

2.5 Conclusion

CHAPTER THREE: METHODOLOGY ...............................................................3.0 Introduction ...............................................................3.1 Model Specification ...............................................................3.1.1 Hedonic pricing model ...............................................................3.1.2 Definition of Variables ...............................................................3.2 Survey Design, Sampling and Data Collection

3.3 Instrument for Data Analysis and Estimation Method ........................................................... CHAPTER FOUR: DATA PRESENTATION AND ANALYSIS OF RESULTS 

4.0 Introduction ...............................................................4.1 Background Features of the Respondents ...............................................................4.1.1 Gender of Respondents ...............................................................4.1.2 Age of Respondent ...............................................................4.1.3 Educational Level of Respondents

4.1.4 Family Size of Respondents

4.1.5 Category of Respondents ...............................................................4.2 Descriptive Statistics ...............................................................4.3 Hedonic Regression Model ...............................................................4.4 Chapter Summary ...............................................................CHAPTER FIVE: SUMMARY, CONCLUSION AND RECCOMENDATIONS 

5.0 Introduction ...............................................................5.1 Summary and Major Findings ...............................................................5.3 Conclusion ...............................................................5.4 Recommendation ...............................................................REFERENCES ...............................................................APPENDICES ...............................................................Appendix 1: Questionnaire and Survey Material

Appendix 2: Diagnostic Test

Appendix 3: Willingness to Pay for Sanitation