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Willingness to pay of the notability for local leadership empowerment in the ngweshe chiefdom


par Roméo MUNGUAKONKWA BAHAYA
Université catholique de Bukavu - Licencié en Economie rurale  2018
  

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IV. Data processing technique

After having a database, results are processed using the STATA software. Especially the command intregwas twice applied to produce econometric outcome in respect to Williams' (2019) requirement concerning interval data. The first regression involves both parts of the dependent variable9(*) (WTP) and the independent variables successively applying a stepwise process on three models: the first takes into account socio-demographic variables, the second involves variables on social capital and the third incorporates other economic and environmental variables. It allows seizing the determinants of WTP. The second regression is only applied on dependent variables and helps so as the value of WTP become recognized.

* 9The variable Willingness to pay is diveded into two colums: the lower and the higher value expressed to pay.

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"I don't believe we shall ever have a good money again before we take the thing out of the hand of governments. We can't take it violently, out of the hands of governments, all we can do is by some sly roundabout way introduce something that they can't stop ..."   Friedrich Hayek (1899-1992) en 1984