ISSN 2284-7995, ISSN Online 2285-3952

Published in Scientific Papers. Series "Management, Economic Engineering in Agriculture and rural development", Vol. 19 ISSUE 1
Written by Festus AWOYELU, Kayode IDOWU

The paper assessed willingness to pay for peaceful coexistence between crop farmer and sedentary pastoralist’s households in Oyo and Kwara States, Nigeria. The broad objective of the study is to determine factors influencing the respondent households’ willingness to pay for peaceful coexistence. Specifically, the study describes the economic and social benefits of peaceful coexistence to the respondents, identifies the perceived causes of conflicts in the past between the two sets of economic agents, determines the respondents’ WTP for peaceful cohabitation, and analyzes the determinants of their WTP for coexistence in the study area. The analysis revealed that the respondents in the study area were more willing to pay for cattle entrustment contract and resource/product exchange than calf sharing and milk sharing as coexistence practices. The analysis further revealed that age, household size, farm size, herd size, membership of association(s) and farm income positively and significantly influenced the respondents’ willingness to pay for coexistence practices. The willingness to pay for coexistence practices is an indication of peaceful cohabitation of these important economic agents in the study area. The paper employed a quantitative and a qualitative analysis using descriptive statistics comprising percentages and means in describing the socioeconomic characteristics of the respondents. Binary choice logit model was used in capturing the WTP for peaceful coexistence based on the dichotomous choice contingent valuation approach. The effect of the various socioeconomic factors on the respondents’ WTP for coexistence were examined by specifying and estimating the binary choice logit regression model.

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© 2019 To be cited: Scientific Papers. Series “Management, Economic Engineering in Agriculture and Rural Development“.

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