scholarly journals Tourism and wetland conservation: application of travel cost and willingness to pay an entry fee at Ghodaghodi Lake Complex, Nepal

2016 ◽  
Vol 40 (1-2) ◽  
pp. 51-61 ◽  
Author(s):  
Pramod Lamsal ◽  
Kishor Atreya ◽  
Krishna Prasad Pant ◽  
Lalit Kumar
Keyword(s):  
Willingness To Pay ◽  
Travel Cost ◽  
Wetland Conservation

scholarly journals Economic evaluation of natural forest park using the travel cost method (case study; Masouleh forest park, north of Iran)

2014 ◽  
Vol 60 (No. 6) ◽  
pp. 254-261 ◽  
Author(s):  
S. Mohammadi Limaei ◽  
H. Ghesmati ◽  
R. Rashidi ◽  
N. Yamini
Keyword(s):  
Willingness To Pay ◽  
Travel Time ◽  
Travel Cost ◽  
Travel Cost Method ◽  
Round Trip ◽  
Significant Relation ◽  
Forest Park ◽  
Travel Costs ◽  
North Of Iran

We evaluated recreational and socioeconomic values of Masouleh forest park, north of Iran. Travel Cost Method (TCM) or Clawson method was used for evaluation. Therefore, 96 questionnaires were distributed among the visitors. The results indicated that the variables such as travel time to the park, travel costs, age and education were effective variables in using the park. The results show that there is a significant relation between travel time and the number of visitors whereas by increasing travel time the number of visitors decreased. Furthermore, there is a significant relation between the number of visitors as a dependent variable and travel costs whereas when the travel cost increases, the number of visitors decreases. Results indicated that the willingness to pay decreased by increasing the entrance fee. The models estimated an average willingness to pay 12,500 Iranian Rials per visit. The results also indicated that the average round trip travel cost was 85.5 (10,000 Iranian Rials).  

scholarly journals Recreational and conservative valuation of Bien Ho landscape

2019 ◽  
Vol 41 (2) ◽  
pp. 156-172 ◽  
Author(s):  
Nguyen Thanh Tuan ◽  
Tran Thuy Chi ◽  
Tran Van Y ◽  
Vu Thi Mung
Keyword(s):  
Willingness To Pay ◽  
Contingent Valuation ◽  
Contingent Valuation Method ◽  
Travel Cost ◽  
Option Value ◽  
Valuation Method ◽  
Different Populations ◽  
Conservative Values

Bien Ho is one of the volcanic landscapes showing lava eruptions that occurred millions of years ago. It is a symbol of the volcanic landscapes in the Tay Nguyen, Vietnam, which keeps a lot of values. This article aimed to quantify recreational and conservative values. The travel cost and contingent valuation method were used to estimate the recreational and conservative value (existence, bequest, and option value) of Bien Ho, respectively. The results indicated that the recreational and conservative value of Bien Ho volcanic landscape was 1,436.9 billion VND and 38.6 billion VND, respectively. The average willingness to pay in the contingent valuation method was 39,388 VND and depended only on ethnicity and age. The study used different populations to define survey samples according to each estimating method to improve the confident accuracy of the results.

scholarly journals VALUASI EKONOMI OBJEK WISATA TREKKING MANGROVE, GRAND MAERAKACA TAMAN MINI JAWA TENGAH DAN POTENSI PENGEMBANGANNYA

2018 ◽  
Vol 7 (3) ◽  
pp. 270-278
Author(s):  
Nadya Nurita Alviani ◽  
Djoko Suprapto ◽  
Dian Wijayanto
Keyword(s):  
Willingness To Pay ◽  
Economic Value ◽  
Travel Cost ◽  
Travel Cost Method ◽  
Tourist Destination ◽  
Main Determinant ◽  
Potential Development ◽  
Determinant Factor ◽  
Parking Ticket ◽  
Mangrove Planting

Grand Maerakaca merupakan salah satu objek wisata yang ada di Semarang, yang memiliki daya tarik yaitu Trekking Mangrove. Penelitian ini bertujuan untuk mengetahui karakteristik penggunjung, persepsi pengunjung mengenai potensi pengembangan objek wisata dan menghitung nilai ekonomi Objek Wisata Trekking Mangrove menggunakan metode Travel Cost Method (TCM) dan Willingness to Pay (WTP). Jumlah responden dalam penelitian ini adalah 100 orang. Teknik pengambilan data pada penelitian ini menggunakan Convinience Sampling. Hasil penelitian menunjukkan bahwa karakteristik pengunjung Objek Wisata Trekking Mangrove, Grand Maerakaca mayoritas adalah pelajar/mahasiswa dan karyawan swasta yang berumur 15-25 tahun, menggunakan alat transportasi sepeda motor, melakukan kunjungan bersama keluarga dengan tujuan berlibur. Persepsi pengunjung mengenai potensi pengembangan adalah bahwa Objek Wisata Trekking Mangrove memiliki daya tarik paling tinggi dan harga yang terjangkau menjadi faktor penentu utama kunjungan. Sedangkan penambahan wisata pengembangan yang paling berpotensi dengan estimasi pengguna tertinggi adalah edukasi penanaman mangrove dengan nilai WTP sebesar Rp. 5.000,00. Nilai ekonomi Objek Wisata Trekking Mangrove, Grand Maerakaca dengan metode TCM sebesar Rp. 45.779.385.645,00/tahun dan Nilai WTP wahana perahu sampan, wahana perahu motor, tiket masuk, tiket parkir motor dan tiket parkir mobil adalah Rp. 10.000,00, Rp. 5.000,00, Rp. 10.000,00, Rp. 2.000,00, dan Rp. 5.000,00.  The Grand Maerakaca is one of the tourist destination in Semarang, that have attraction is Tracking Mangrove. The purpose of this study are to know the characteristics of the visitors, the visitor's perception about the potential of tourism development and to calculate the economic value of Trekking Mangrove Object using Travel Cost Method (TCM) and Willingness to Pay (WTP) method. The number of respondents in this study are 100 people. Technique of taking data in this research using Convinience Sampling. The results showed that the visitors characteristics of Tracking Mangrove Tourism Object, Grand Maerakaca majority are students and private employees aged 15-25 years, use motorbike transportation, come with their family on the purpose of vacation. The visitor perception on potential development are the highest attraction of Tracking Mangrove and affordable price to be the main determinant factor of visitation. While addition of the most potential development tours with the highest user estimation is education of mangrove planting with a WTP value of IDR. 5,000. Economic value of Mangrove Trekking Tourism Object, Grand Maerakaca with TCM method is IDR. 45,779,385,645/ year and WTP Value boat ride, motorboat ride, entrance ticket, motorcycle parking ticket and car parking ticket is IDR. 10,000., IDR. 5,000., IDR. 10,000., IDR. 2,000 and IDR. 5,000. 

scholarly journals Conjoint Analysis of Deer Hunting

1990 ◽  
Vol 19 (2) ◽  
pp. 109-117 ◽  
Author(s):  
John Mackenzie
Keyword(s):  
Willingness To Pay ◽  
Travel Time ◽  
Conjoint Analysis ◽  
Opportunity Cost ◽  
Travel Cost ◽  
Cost Analyses ◽  
Deer Hunting ◽  
Hunting Success ◽  
Trade Offs ◽  
Recreational Demand

This paper develops a logit-based conjoint analysis of willingness to pay for individual attributes of deer-hunting trips. Since deer-hunting success is uncertain, willingness to pay for enhanced likelihood of bagging a deer, rather than for certain success, is evaluated. Implicit costs of recreational travel time are also evaluated from hypothetical trade-offs between travel time and trip expenditures. The valuation of travel time derived here appears to reflect more the opportunity cost of foregone hunting than the opportunity cost of foregone work. This implies that travel-cost analyses of recreational demand, which impute costs of recreational travel solely from wage data, can yield biased valuations of recreational amenities.

scholarly journals An ecological economics approach to estimate the value of a fragmented wetland in Brazil (Mato Grosso do Sul state)

2007 ◽  
Vol 67 (4) ◽  
pp. 663-671 ◽  
Author(s):  
AR. Carvalho
Keyword(s):  
Willingness To Pay ◽  
Natural Resources ◽  
Travel Cost ◽  
Paraná River ◽  
River Floodplain ◽  
Parana River ◽  
Recreational Value ◽  
Upper Paraná River Floodplain ◽  
Upper Paraná River ◽  
Paraná River Floodplain

The Upper Paraná River floodplain is the last lotic stretch of an ecosystem seriously threatened given that circa 50% of the original ecosystem has been converted into reservoirs. To assess the recreational value of the Upper Paraná River floodplain, 174 tourists were interviewed using the Willingness to Pay - WTP and Travel Cost - TC methods. The annual aggregated WTP attributed by tourists was US$ 122.50 million and the variables which determine the decision in willingness to pay for the Floodplain are: 'consider oneself as a Floodplain natural resources consumer' and 'marital state'. If the single person considers her/himself as a consumer of floodplain natural resources, the WTP increases by a multiplicative factor of 38.8. The value aggregated by the TC method was US$ 234 millions and decreased by zone as the distance increases. Higher income and traveling farther increases the travel cost, which is inversely related to annual trip frequency. The total recreational value (356.5 millions per year) is high and representative since it refers to an environment fragmented by dams and with many anthropogenic effects. Therefore, the progressive changes on the landscape are a threat to local tourism, since half of the visitors are attracted solely by the scenic beauty, thereby overtaking those factors considered more important by public decision makers and managers, such as recreational fishery or boating.

scholarly journals Testing Significance of Multi-Destination and Multi-Purpose Trip Effects in a Travel Cost Method Demand Model for Whale Watching Trips

2000 ◽  
Vol 29 (2) ◽  
pp. 183-191 ◽  
Author(s):  
John Loomis ◽  
Shizuka Yorizane ◽  
Douglas Larson
Keyword(s):  
Willingness To Pay ◽  
Count Data ◽  
Cost Model ◽  
Consumer Surplus ◽  
Travel Cost ◽  
Travel Cost Method ◽  
Demand Model ◽  
Generalized Model ◽  
Travel Cost Model ◽  
Recreation Site

Inclusion of multi-destination and multi-purpose visitors has an appreciable influence on a standard count data travel cost model derived estimate of willingness to pay but the differences are not statistically significant. We adapt a more general travel cost model (TCM) of Parsons and Wilson (1997) that allows for inclusion of multi-destination visitors as incidental demand to allow estimation of an unbiased measure of single and multi-destination willingness to pay for whale viewing using a single pooled equation. The primary purpose trip values from the standard TCM and simple generalized TCM model are identical at $43 per person per day and neither are significantly different from the $50 day value from a generalized model that distinguishes between joint and incidental trips. The general models avoid underestimation of total recreation site benefits that would result from omitting the consumer surplus of multi-destination visitors.

scholarly journals Estimating residents' willingness to pay for wetland conservation using contingent valuation: the case of Van Long Ramsar Protected Area, Vietnam

2021 ◽  
Vol 22 (11) ◽  
Author(s):  
DINH DUC TRUONG
Keyword(s):  
Willingness To Pay ◽  
Contingent Valuation ◽  
Protected Area ◽  
Family Income ◽  
Contingent Valuation Method ◽  
Wetland Management ◽  
Parametric Model ◽  
Wetland Conservation ◽  
Local People ◽  
Wetland Protection

Abstract. Truong DD. 2021. Estimating residents' willingness to pay for wetland conservation using contingent valuation: the case of Van Long Ramsar Protected Area, Vietnam. Biodiversitas 22: 4784-4793. Willingness to pay (WTP) for wetland conservation is an important basis for designing market-based wetland protection strategies and sustainable wetland management. The main objective of this study is to estimate villagers' WTP for wetland conservation in Van Long Wetland Protected Area, Vietnam, and analyze factors influencing WTP. A questionnaire survey based on the dichotomous contingent valuation method (CVM) was conducted at seven communes surrounding Van Long Ramsar Protected Area (VLPA). The results showed that the local people in the studied area appreciate the roles of the wetland in preserving landscape values, supporting livelihoods, and transmitting values ??to future generations. The value of biodiversity conservation and the value of water filtration and regulation are perceived to a lesser extent in terms of the importance of conservation. Of the 384 respondents, 96% are WTP for wetland conservation at different levels. With the parametric model, the average value of WTP ranges from 300,000 to VND 328,000 VND /family/year. In the non-parametric model, the average of WTP is from 338,000 to 359,000 VND/family/year. The probability of environmental response' that willing to pay for conservation is closely related to their awareness, family income and payment amount. The results also showed optimistic points that the local people are willing to contribute to improving wetland quality. In a general sense, the results of this study make good contributions to the literature related to WTP for wetland conservation in developing countries.

scholarly journals VALUASI NILAI EKONOMI WISATA PANTAI SAWARNA DENGAN MENGGUNAKAN TRAVEL COST METHOD

2019 ◽  
Vol 3 (2) ◽  
pp. 49
Author(s):  
Rifki Armadinata ◽  
Kancitra Pharmawati
Keyword(s):  
Willingness To Pay ◽  
Travel Cost ◽  
Travel Cost Method

Pantai Sawarna di Kabupaten Lebak memiliki keindahan alam yang dapat digunakan sebagai daya tarik objek wisata bagi setiap pengunjung. Keindahan alam pada kenyataannya tidak terhitung menjadi nilai ekonomi atau tidak memiliki nilai pasar, sehingga pentingnya dilakukan valuasi ekonomi untuk memperkecil eksternalitas yang dapat menyebabkan kegagalan pasar karena suatu barang atau jasa yang tidak memiliki nilai pasar, sehingga dalam kajian ini bertujuan untuk menentukan nilai ekonomi Pantai Sawarna dari sumberdaya alam yang tidak memiliki nilai Pasar. Metode valuasi ekonomi yang digunakan adalah metode biaya perjalanan dengan pendekatan individu (Individual Travel Cost Method). ITCM dipilih sebagai pendekatan yang lebih teliti dalam menilai kondisi sosial ekonomi pengunjung sehingga mengetahui nilai ekonomi dan nilai Willingness To Pay dari biaya perjalanan pengunjung. Willingness To Pay (WTP) dijadikan untuk mencari nilai ekonomi dan surplus konsumen area Pantai Sawarna. Hasil dari valuasi ekonomi dengan pendekatan ITCM yang digunakan di area Pantai Sawarna tersebut didapat nilai rata-rata WTP sebesar Rp. 93.672,-/pengunjung, dan nilai ekonomi Pantai Sawarna adalah Rp. 6.722.558.424,- / tahun. Nilai surplus konsumen adalah Rp. 5.164.066.252,-.

Willingness-to-pay for snowmobile recreation: travel cost method models with and without post-season resurvey of trip count

2019 ◽  
Vol 52 (20) ◽  
pp. 2178-2190 ◽  
Author(s):  
Ryan Larsen ◽  
R. Garth Taylor ◽  
John R. McKean ◽  
Donn M. Johnson
Keyword(s):  
Willingness To Pay ◽  
Travel Cost ◽  
Travel Cost Method
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