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International Journal of Innovation and Applied Studies
ISSN: 2028-9324     CODEN: IJIABO     OCLC Number: 828807274     ZDB-ID: 2703985-7
 
 
Saturday 23 November 2024

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Determinants of willingness to pay for hybrid cocoa seed in Cameroon


Volume 40, Issue 4, October 2023, Pages 1246–1253

 Determinants of willingness to pay for hybrid cocoa seed in Cameroon

Bikele Charles Emmanuel1, Nkendah Robert2, and Mvodo Stephanie3

1 Université de Douala (FSEGA), Cameroon
2 Université de Douala (FSEGA), Cameroon
3 Université de Douala (FSEGA), Cameroon

Original language: English

Copyright © 2023 ISSR Journals. This is an open access article distributed under the Creative Commons Attribution License, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.

Abstract


The aim of this study is to gain a better understanding of the variables determining farmers’ willingness to pay for SNK hybrid cocoa seeds, and the amounts farmers are willing to pay for these technologies. Faced with the volatility of bean prices in an increasingly unstable external market, and with the galloping demand from emerging processing industries, farmers are looking for varieties with high productivity and capable of withstanding climate change and diseases. Hence their preference for the hybrid SNK cocoa variety to improve the productive capital of cocoa farms. However, little is known about the factors that determine willingness to pay for the adoption of improved seeds. The survey was conducted among 311 cocoa farming households in the Centre Region of Cameroon, specifically in 07 divisions with high cocoa production. The data were collected using a questionnaire. Heckman’s two-stage selection model was used to analyze the data. The results show that the sex of the farmer, the level of education and the number of people living in the respondent’s household have a positive influence on the willingness to pay for the SNK cocoa variety. The amounts they are prepared to pay to acquire it varies between FCFA 50 and FCFA 500 per unit, with an average of FCFA 150 per unit of acquisition. It is therefore recommended to produce more.

Author Keywords: SNK cocoa hybrid seed, willingness to pay, Cameroon Centre Region.


How to Cite this Article


Bikele Charles Emmanuel, Nkendah Robert, and Mvodo Stephanie, “Determinants of willingness to pay for hybrid cocoa seed in Cameroon,” International Journal of Innovation and Applied Studies, vol. 40, no. 4, pp. 1246–1253, October 2023.