scholarly journals The Interrelationship of Sustainable Economic Value of Watersheds Using Contingent Valuation Method Approach with Circular Economy: A Literature Study

2021 ◽  
Vol 940 (1) ◽  
pp. 012036
Author(s):  
D Wahyuningrum ◽  
E Gravitiani ◽  
R C Sartika
Keyword(s):  
Contingent Valuation ◽  
Circular Economy ◽  
Contingent Valuation Method ◽  
Economic Value ◽  
Secondary Data ◽  
Environmental Damage ◽  
Literature Study ◽  
Valuation Method ◽  
To Receive ◽  
Method Approach

Abstract Waste accumulation mainly causes environmental damage. Watersheds experience high waste pollution problems. Therefore, the need to maintain ecological sustainability by maintaining the cleanliness of the watershed environment. This research studies the interrelationship of economic value in watersheds as measured by the contingent valuation method approach with the circular economy. This research aims to identify the application of circular economy and know the use of the contingent valuation method approach in measuring the economic value of natural resources in the form of watersheds. The method used is a descriptive approach using literature studies. This research uses secondary data by collecting data and information through website-based electronic media, relevant journals, previous research, and so on. The results of this research are measuring the economic value of watersheds using circular economy and using the contingent valuation method to find out how willing to pay from the community towards environmental improvement and the desire to receive compensation from ecological damage. The application of a circular economy is expected to reduce waste pollution and can increase economic growth.

scholarly journals Valuasi ekonomi wisata alam Taman Nasional Kerinci Seblat (TNKS) di Kabupaten Kerinci, Provinsi Jambi : menggunakan Contingent Valuation Method

2020 ◽  
Vol 9 (2) ◽  
pp. 85-98
Author(s):  
Asri Evanita Simangunsong ◽  
Muhammad Ridwansyah ◽  
Yohanes Vyn Amzar
Keyword(s):  
Contingent Valuation ◽  
National Park ◽  
Sampling Method ◽  
Total Population ◽  
Contingent Valuation Method ◽  
Economic Value ◽  
Valuation Method ◽  
Kerinci Seblat National Park ◽  
Method Approach ◽  
Descriptive Method

This research was conducted on the attraction of Kerinci Seblat National Park located in Pelompek Village, Kerinci Regency, Jambi Province. This study aims to find out how visitors assess the Kerinci Seblat National Park and where visitors come. This study also aims to determine the economic value of the Kerinci Seblat National Park using the Contingent Valuation method in Kerinci Regency, Jambi Province. The total population used as a sample in this study was  99 people. The method used in this research is accidental sampling method. The analytical method used in this study is a descriptive method using the Contingency Valuation Method. From the results of this study was concluded that visitors to the general assessment of the Kerinci Seblat National Park, Kerinci Regency, Jambi Province were quite good. It can be seen from the highest visitor response of 62.92%. Originally tourists come from within the country and from abroad. The economic value of the Kerinci Seblat National Park using the Contingency Valuation Method approach in the Kerinci Regency, based on an analysis of tourist responses to the existence of natural tourism in the Kerinci Seblat National Park. The WTP willingness value is IDR 50.306.

scholarly journals A Study on the Value of Preserving a Parasitic Volcanic Sieve as a Tourism Good for Sustainable Management: Using the Contingent Valuation Method

2020 ◽  
Vol 12 (7) ◽  
pp. 2825
Author(s):  
Won Seok Lee
Keyword(s):  
Willingness To Pay ◽  
Contingent Valuation ◽  
Causal Relationship ◽  
Sustainable Management ◽  
Contingent Valuation Method ◽  
Economic Value ◽  
Dichotomous Choice ◽  
Valuation Method ◽  
Good For

The purpose of this study is to estimate the economic value of Geomun Oreum (GO), a parasitic volcanic sieve, for sustainable management by using the dichotomous choice contingent valuation method. To address the exaggeration tendency of willingness to pay (WTP), the contingent valuation method’s (CVM’s) traditional threshold, respondents’ WTP answers were reconfirmed to screen only true responses for our analysis. In addition to estimating the economic value, the causal relationship between the tour guide’s quality of explanation and the respondents’ payment intention is examined in the study. The results reveal that the estimated preservation value of GO is 35,881 KRW (33.28 USD), and the quality of the tour guide’s narrative is statistically related to the respondents’ payment intention.

scholarly journals Contingent Valuation Method and the beta model: an accounting economic vision for environmental damage in Atlântico Sul Shipyard

2018 ◽  
Vol 29 (77) ◽  
pp. 266-282
Author(s):  
Silvana Karina de Melo Travassos ◽  
José Carlos de Lacerda Leite ◽  
Jose Isidio de Freitas Costa
Keyword(s):  
Regression Model ◽  
Contingent Valuation ◽  
Contingent Valuation Method ◽  
Measurement Techniques ◽  
Point Of View ◽  
Environmental Damage ◽  
Beta Regression ◽  
Accounting Measurement ◽  
Valuation Method ◽  
Beta Regression Model

ABSTRACT The objective of this paper is to apply the beta model as an alternative to the Valuation Method in order to estimate the environmental asset Willingness to Pay (WTP) so that the Tribunal de Contas do Estado de Pernambuco (TCE/PE) can supervise the Atlântico Sul Shipyard (ASS) as a negative environmental externality, which is discussed here from an accounting perspective. Our methodology is exploratory, and the beta regression model was used in the contingent valuation to estimate the environmental asset. The results allowed estimating the value of the Ipojuca mangrove at US$ 134,079,793.50, and the value of the environmental damage caused by the shipyard to the public asset was valued at US$ 61,378,155.37. This latter value is object of interest to the inspection body. However, the final estimated value of the Ipojuca mangrove prompts a discussion about the implications from an accounting point of view, such as the attribution of monetary value to a public asset that does not have a financial value, problems regarding the conceptualization and valuation of public assets for governmental patrimony. It is concluded that the beta regression model to estimate the WTP for contingent valuation will serve as a contribution to the research on accounting measurement techniques for public assets.

The Application Research of Contingent Valuation Method in Urban Park

2013 ◽  
Vol 448-453 ◽  
pp. 4150-4153
Author(s):  
Ying Chun Hu
Keyword(s):  
Resource Management ◽  
Contingent Valuation ◽  
Contingent Valuation Method ◽  
Economic Value ◽  
Urban Park ◽  
Application Research ◽  
Value Analysis ◽  
Recreational Activities ◽  
Recreational Value ◽  
Valuation Method

This paper applied Contingent Valuation Method (CVM) to estimate the recreational value of Urban Park— “219 park”. The economic value analysis of recreational activities will technically enrich the connotation of part management, which can benefit the transition of recreational activities and resource management from extensive to intensive; by compared the two results, it will also provide a important references on rules and measures for government and relevant authorities.

scholarly journals Economic valuation of rangelands in the north of Mexico: A study for its conservation

2021 ◽  
Vol 19 (3) ◽  
pp. e0110-e0110
Author(s):  
Octavio T. Barrera-Perales ◽  
Keyword(s):  
Contingent Valuation ◽  
Contingent Valuation Method ◽  
Economic Valuation ◽  
Economic Value ◽  
The North ◽  
Valuation Method ◽  
Common Resource ◽  
Field Information ◽  
The Common ◽  
Communal Rangelands

Aim of study: To estimate grazing fee and the economic value of the communal rangelands of two groups of ranchers. Area of study: Ejido Tanque de Arenas (ETA) and ejido Tanque de Dolores (ETD) in Catorce, San Luis Potosí, Mexico Material and methods: The contingent valuation method with referendum format was used to propose a grazing fee that would allow conservation and continuity in the use of the common resource. The field information was collected by interviews and was processed in the PASW Statistics 22 software NLOGIT Version 5.0. Main results: Perception of rangeland deterioration, age, size of the herd, and level of income are characteristics of ranchers that influence the willingness to pay. From the coefficient of rangeland of the region (24.2 ha/AU) a monthly grazing fee of USD 7.18 per animal was calculated. Research highlights: Estimation and payment of grazing fees are an alternative to avoid the deterioration of communal rangelands, without incurring land parcelization.

scholarly journals Nilai Ekonomi Tanaman Obat di Taman Nasional Danau Sentarum, Kalimantan Barat

2017 ◽  
Vol 18 (1) ◽  
pp. 22-34 ◽  
Author(s):  
Thasia Ginting ◽  
Ahyar Ismail ◽  
Bintang Charles Simangunsong
Keyword(s):  
Medicinal Plants ◽  
Contingent Valuation ◽  
National Park ◽  
Contingent Valuation Method ◽  
Economic Value ◽  
Questionnaire Data ◽  
Conservation Area ◽  
Statistical Software ◽  
West Kalimantan ◽  
Valuation Method

Economic Value of Medicinal Plants in Danau Sentarum National Park, West KalimantanDanau Sentarum National Park (DSNP) is a conservation area which has an important role in people’s lives and society Kapuas Hulu in West Kalimantan. The objective of this study was to estimate the value of medicinal plants in the area TNDS. Contingent Valuation Method (CVM) with a single bounded was use to determine the willingness to pay for medicine plants. Data collected through direct interviews with 90 local households in DSNP using a questionnaire. Data analysis was done with MS. Excel® and SPSS® statistical software. The results show the variable value of the bid, income, age, education, and knowledge of medicinal plants significantly aect the value of WTP. The expected WTP is found between IDR50.354,22 to IDR72.312,44 per household per month.Keywords: Contingent Valuation Method; Single BoundWillingness to Pay; Danau Sentarum National Park (DSNP) AbstrakTaman Nasional Danau Sentarum (TNDS) adalah kawasan konservasi yang memiliki peran penting bagi kehidupan masyarakat di Kabupaten Kapuas Hulu dan masyarakat Provinsi Kalimantan Barat. Tujuan dari penelitian ini adalah untuk mengestimasi nilai tanaman obat yang ada di dalam kawasan TNDS. Contingent Valuation Method (CVM) dengan single bounded digunakan untuk menentukan nilai kesediaan membayar tanaman obat. Pengumpulan data dilakukan melalui wawancara langsung dengan 90 kepala keluarga di TNDS menggunakan kuesioner. Analisis data dilakukan dengan perangkat lunak MS Excel® dan SPSS®. Hasil penelitian menunjukkan variabel nilai tawaran bid, pendapatan, usia, pendidikan, dan pengetahuan mengenai tanaman obat secara signifikan memengaruhi nilai WTP. Nilai dugaan WTP adalah sebesar Rp50.354,22 sampai Rp72.312,44 per keluarga per bulan.

scholarly journals Valuasi Ekonomi Wisata Memancing di Perairan Laut Sekitar Tanjung Kait, Tangerang, Banten: Pendekatan Contingent Valuation Method dan Travel Cost Method

2020 ◽  
Vol 4 (3) ◽  
pp. 172-185
Author(s):  
Titan Budi Setyawan ◽  
Achmad Fahrudin ◽  
Handoko Adi Susanto
Keyword(s):  
Contingent Valuation ◽  
Influencing Factors ◽  
Contingent Valuation Method ◽  
Economic Value ◽  
Travel Cost ◽  
Travel Cost Method ◽  
Recreational Fishing ◽  
Tourism Demand ◽  
Valuation Method ◽  
Tourism Activity

Economic Valuation of Recreational Fishing Tourism in Tanjung Kait Coastal Water, Tangerang, Banten: Contingent Valuation Method and Travel Cost Method Approach Tanjung Kait, located in the north coast of Tangerang, has undeveloped tourism potential of recreational fishing on a bamboo platform in the middle of the sea. The purpose of this research was to determine the economic value of recreational fishing tourism in Tanjung Kait and to identify the influencing factors of the tourism demand in Tanjung Kait. Methods used in this research were Travel Cost Method (TCM) and Contingent Valuation Method (CVM). Linear regression was used to determine influencing factors of tourism demand. Data were obtained by interviewing tourists as respondents, with the help of questionnaires. The result of TCM showed that factors that significantly contributed the number of visits were education and duration of visit. Potential economic value of tourism activity in Tanjung Kait based on TCM reached IDR 3,272,524,846 annually. The result of CVM showed that the factor that significantly affected willingness-to-pay was education. Potential economic value of tourism activity in Tanjung Kait based on CVM reached IDR 2,254,934,539 annually.

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