Economic valuation of microbial genetic resources was conducted in three Zones, Arsi from Oromia, East Shoa from Amhara and Wolhyta from Southern Nations Nationalities and People’s Region (SNNPR) of Ethiopia. Willingness to pay (WTP) bids to use Rhizobia bio-fertilizer for production of different legumes was calculated. The average willingness to pay for bio-fertilizer in haricot bean production was 201.76 USD (at existing exchange rate) /household/ year. When bio-fertilizer was used for faba bean production, increase by 1 hectare of land, increased the willingness to pay for bio-fertilizer by 667 USD/quintal/year. Moreover, Higher income is significantly related to higher WTP at (F=72.17, sig. = 0.000). In general the study showed that those farmers who have gained benefits from using Rhizobia biofertilizers in all the studied Sub-districts (kebels) indicated highest WTP for the bio-fertilizers in the study. There were certain factors like size of land holding, yield per hectare and herbicides that affected the total yield and thereby the WTP. Although there might be other factors that contributed for yield increases of the leguminous plants in the studied area, it may be possible to conclude that the benefit from the use of the bio-fertilizer was significantly higher compared to those gains obtained without using bio-fertilizers. Despite that there has been certain controversy on methodological issues involving willingness-to-pay, the support of WTP in determining the economic value of genetic resources widely increased. Thus the current economic value estimate of the rhizobia bacteria may be indicated by the WTP of the studied farmers.
| Published in | International Journal of Natural Resource Ecology and Management (Volume 2, Issue 2) |
| DOI | 10.11648/j.ijnrem.20170202.14 |
| Page(s) | 38-46 |
| Creative Commons |
This is an Open Access article, distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution and reproduction in any medium or format, provided the original work is properly cited. |
| Copyright |
Copyright © The Author(s), 2024. Published by Science Publishing Group |
Microorganism, Genetic Resources, Economic Valuation, Willingness to Pay, Rhizobia, Biofertilizer
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APA Style
Zeleke W. Tenssay, Binyam Goshu, Anteneh Tamirat, Girum Faris. (2017). Economic Valuation of Microbial Genetic Resources: The Case of Rhizobia Bio-fertilizer in Some Regions of Ethiopia. International Journal of Natural Resource Ecology and Management, 2(2), 38-46. https://doi.org/10.11648/j.ijnrem.20170202.14
ACS Style
Zeleke W. Tenssay; Binyam Goshu; Anteneh Tamirat; Girum Faris. Economic Valuation of Microbial Genetic Resources: The Case of Rhizobia Bio-fertilizer in Some Regions of Ethiopia. Int. J. Nat. Resour. Ecol. Manag. 2017, 2(2), 38-46. doi: 10.11648/j.ijnrem.20170202.14
AMA Style
Zeleke W. Tenssay, Binyam Goshu, Anteneh Tamirat, Girum Faris. Economic Valuation of Microbial Genetic Resources: The Case of Rhizobia Bio-fertilizer in Some Regions of Ethiopia. Int J Nat Resour Ecol Manag. 2017;2(2):38-46. doi: 10.11648/j.ijnrem.20170202.14
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Download@article{10.11648/j.ijnrem.20170202.14,
author = {Zeleke W. Tenssay and Binyam Goshu and Anteneh Tamirat and Girum Faris},
title = {Economic Valuation of Microbial Genetic Resources: The Case of Rhizobia Bio-fertilizer in Some Regions of Ethiopia},
journal = {International Journal of Natural Resource Ecology and Management},
volume = {2},
number = {2},
pages = {38-46},
doi = {10.11648/j.ijnrem.20170202.14},
url = {https://doi.org/10.11648/j.ijnrem.20170202.14},
eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.ijnrem.20170202.14},
abstract = {Economic valuation of microbial genetic resources was conducted in three Zones, Arsi from Oromia, East Shoa from Amhara and Wolhyta from Southern Nations Nationalities and People’s Region (SNNPR) of Ethiopia. Willingness to pay (WTP) bids to use Rhizobia bio-fertilizer for production of different legumes was calculated. The average willingness to pay for bio-fertilizer in haricot bean production was 201.76 USD (at existing exchange rate) /household/ year. When bio-fertilizer was used for faba bean production, increase by 1 hectare of land, increased the willingness to pay for bio-fertilizer by 667 USD/quintal/year. Moreover, Higher income is significantly related to higher WTP at (F=72.17, sig. = 0.000). In general the study showed that those farmers who have gained benefits from using Rhizobia biofertilizers in all the studied Sub-districts (kebels) indicated highest WTP for the bio-fertilizers in the study. There were certain factors like size of land holding, yield per hectare and herbicides that affected the total yield and thereby the WTP. Although there might be other factors that contributed for yield increases of the leguminous plants in the studied area, it may be possible to conclude that the benefit from the use of the bio-fertilizer was significantly higher compared to those gains obtained without using bio-fertilizers. Despite that there has been certain controversy on methodological issues involving willingness-to-pay, the support of WTP in determining the economic value of genetic resources widely increased. Thus the current economic value estimate of the rhizobia bacteria may be indicated by the WTP of the studied farmers.},
year = {2017}
}
TY - JOUR T1 - Economic Valuation of Microbial Genetic Resources: The Case of Rhizobia Bio-fertilizer in Some Regions of Ethiopia AU - Zeleke W. Tenssay AU - Binyam Goshu AU - Anteneh Tamirat AU - Girum Faris Y1 - 2017/03/24 PY - 2017 N1 - https://doi.org/10.11648/j.ijnrem.20170202.14 DO - 10.11648/j.ijnrem.20170202.14 T2 - International Journal of Natural Resource Ecology and Management JF - International Journal of Natural Resource Ecology and Management JO - International Journal of Natural Resource Ecology and Management SP - 38 EP - 46 PB - Science Publishing Group SN - 2575-3061 UR - https://doi.org/10.11648/j.ijnrem.20170202.14 AB - Economic valuation of microbial genetic resources was conducted in three Zones, Arsi from Oromia, East Shoa from Amhara and Wolhyta from Southern Nations Nationalities and People’s Region (SNNPR) of Ethiopia. Willingness to pay (WTP) bids to use Rhizobia bio-fertilizer for production of different legumes was calculated. The average willingness to pay for bio-fertilizer in haricot bean production was 201.76 USD (at existing exchange rate) /household/ year. When bio-fertilizer was used for faba bean production, increase by 1 hectare of land, increased the willingness to pay for bio-fertilizer by 667 USD/quintal/year. Moreover, Higher income is significantly related to higher WTP at (F=72.17, sig. = 0.000). In general the study showed that those farmers who have gained benefits from using Rhizobia biofertilizers in all the studied Sub-districts (kebels) indicated highest WTP for the bio-fertilizers in the study. There were certain factors like size of land holding, yield per hectare and herbicides that affected the total yield and thereby the WTP. Although there might be other factors that contributed for yield increases of the leguminous plants in the studied area, it may be possible to conclude that the benefit from the use of the bio-fertilizer was significantly higher compared to those gains obtained without using bio-fertilizers. Despite that there has been certain controversy on methodological issues involving willingness-to-pay, the support of WTP in determining the economic value of genetic resources widely increased. Thus the current economic value estimate of the rhizobia bacteria may be indicated by the WTP of the studied farmers. VL - 2 IS - 2 ER -
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