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The use of tobit model in evaluating prospective participatory financing of rehabilitation of Ibadan urban forest reserves

This study evaluated the factors that affect public willingness to participate financially in the rehabilitation of Ibadan urban forest reserves. A one limit Tobit model was used to analyse data obtained from a multi-stage randomly sampled 397 residents of Ibadan metropolis. The results show that 90...

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Published: 2003
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LEADER 00000njm a2000000a 4500
001 oai:repository.ui.edu.ng:123456789/3387
042 |a dc 
720 |a Ajewole, O. I.  |e author 
260 |c 2003 
520 |a This study evaluated the factors that affect public willingness to participate financially in the rehabilitation of Ibadan urban forest reserves. A one limit Tobit model was used to analyse data obtained from a multi-stage randomly sampled 397 residents of Ibadan metropolis. The results show that 90% of the respondents were willing to contribute funds to the project. Furthermore, the model reveals that a change in the independent variables would lead to a greater change (77%) in the probability of contributing money, relative to change (23%) in the amount of money to be contributed. Willingness to participate financially in rehabilitation of Ibadan urban forest reserves was found to be positively influenced by the variables: being employed,(p < 0.01). having trees in the residence (p < 0.01), and being a past beneficiary of the forests (p<0.05). 'S he results confirm the need to make the urban forest more directly beneficial to the public in order to harness the funds which the public is willing to contribute to its rehabilitation. 
024 8 |a 0189 -3130 
024 8 |a Journal of Tropical Forest Resources 19(2),pp. 1-12 
024 8 |a ui_art_ajewole_use_2003 
024 8 |a http://ir.library.ui.edu.ng/handle/123456789/3387 
245 0 0 |a The use of tobit model in evaluating prospective participatory financing of rehabilitation of Ibadan urban forest reserves