scholarly journals ARE THERE DIFFERENCES IN WILLINGNESS TO PAY AMONG VISITORS AND NON-VISITORS OF TAMAN NEGARA NATIONAL PARK?

2010 ◽  
Vol 9 (1) ◽  
Author(s):  
Zaiton Samdin ◽  
Khairil Wahidin Awang
Keyword(s):  
Willingness To Pay ◽  
National Park ◽  
Contingent Valuation Method ◽  
Economic Valuation ◽  
Park Management ◽  
Market Segments ◽  
Pricing Policy ◽  
Efficient System ◽  
Market Values ◽  
Valuation Method

Approaches such as the Contingent Valuation Method (CVM) have helped to assign dollar values to non-use values for non-market goods which, unlike other products, are not traded in the market. This study attempts to put a value on the above non-market values. This study used the CVM, with Willingness to Pay (WTP) as the elicitation method to measure the non-use value among visitors and non-visitors of Taman Negara National Park (TNNP). This study also will answer questions; are there any differences in the WTP of various market segments, based on nationality, gender, age, education and income among visitors and non-visitors? This study found that there was a different between visitors and non-visitors willingness to pay. It also found that visitors and non-visitors market segments such as nationality,, income etc. are differed. Thus, information found in this study can be a fundamental source for park management in directing park pricing policy towards an efficient system. Although using WTP for this economic valuation cannot provide exact answers on the valuation of these natural resources, it can still provide a guideline on pricing strategy and give extra information for park management decisions, especially about park pricing. Thus, better decision-making processes can be practised if monetary values can be placed on these non-market goods.

scholarly journals Economic valuation of the ecosystem services provided by a protected area in the Brazilian Cerrado: application of the contingent valuation method

2017 ◽  
Vol 77 (4) ◽  
pp. 762-773 ◽  
Author(s):  
F. M. Resende ◽  
G. W. Fernandes ◽  
D. C. Andrade ◽  
H. D. Néder
Keyword(s):  
Ecosystem Services ◽  
Willingness To Pay ◽  
Contingent Valuation ◽  
Protected Area ◽  
National Park ◽  
Contingent Valuation Method ◽  
Economic Valuation ◽  
Anthropogenic Pressure ◽  
Serra Do Cipó ◽  
Valuation Method

Abstract Considering that the economic valuation of ecosystem services is a useful approach to support the conservation of natural areas, we aimed to estimate the monetary value of the benefits provided by a protected area in southeast Brazil, the Serra do Cipó National Park. We calculated the visitor’s willingness to pay to conserve the ecosystems of the protected area using the contingent valuation method. Located in a region under intense anthropogenic pressure, the Serra do Cipó National Park is mostly composed of rupestrian grassland ecosystems, in addition to other Cerrado physiognomies. We conducted a survey consisting of 514 interviews with visitors of the region and found that the mean willingness to pay was R$ 7.16 year–1, which corresponds to a total of approximately R$ 716,000.00 year–1. We detected that per capita income, the household size, the level of interest in environmental issues and the place of origin influenced the likelihood that individuals are willing to contribute to the conservation of the park, as well as the value of the stated willingness to pay. This study conveys the importance of conserving rupestrian grassland and other Cerrado physiognomies to decision makers and society.

scholarly journals Smallholder Households’ Willingness to Pay for Conservation of Ecosystem Services of Alitash National Park, Ethiopia

2021 ◽  
Author(s):  
Agerie Nega Wassihun ◽  
Fikeremaryam Birara Feleke ◽  
Gebrehiwot Abebe Bayeh ◽  
Yitayew Malede Nega
Keyword(s):  
Ecosystem Services ◽  
Willingness To Pay ◽  
National Park ◽  
Contingent Valuation Method ◽  
Anthropogenic Activities ◽  
Economic Valuation ◽  
Probit Model ◽  
Local Communities ◽  
Dichotomous Choice ◽  
Valuation Method

Abstract Background: Despite exceptional ecosystem services are provided by Altash National Park, anthropogenic activities exert immense pressures on the parks’ natural resources from the surrounding community which is eventually degrading the productivity of ecosystem services. Therefore, the aim of this study was economic valuation of ecosystem services of Altash National Park of Ethiopia. Using systematic random sampling 196 sample respondents were selected. Double bounded dichotomous choice followed by open ended format of contingent valuation method was used to state households’ willingness to pay (WTP) and their maximum WTP for conservation of ecosystem services of the park. Seemingly unrelated bivariate probit model was employed to analyse the data. Results: First and second offered bid values, Sex of respondent, Years of living in Kebele, Education status, Distance from home to park, Benefit of preservation, Distance from farm to park, Training on park conservation were found to have statistically significant influence on households’ WTP for improving conservation of ecosystem services of the park. The expected aggregate WTP from double bounded dichotomous choice and open ended format was estimated 1,511,172.96 and 1,526,194.56 birr, respectively. Conclusions: Based on the findings, since all respondents were willing to pay for the conservation of ecosystem services of the park, for every decision and formulation of policies and strategies, participation of local communities should be considered. Finally, regular training and workshop should be delivered for local communities to enhance awareness about the environmental and economic values of the park and to develop sense of ownership.

scholarly journals CONSUMERS’ WILLINGNESS TO PAY (WTP) OF SPECIAL TAX FOR NON-GREEN VEHICLES TOWARDS ENVIRONMENTAL PERFORMANCE IN MALAYSIA

2019 ◽  
pp. 66-77
Author(s):  
Sharul Shahida Shakrein Safian ◽  
Hanny Zurina Hamzah
Keyword(s):  
Willingness To Pay ◽  
Automotive Industry ◽  
Environmental Performance ◽  
Contingent Valuation Method ◽  
Economic Valuation ◽  
Environmental Issues ◽  
Maximum Level ◽  
Green Technology ◽  
Valuation Method ◽  
Green Vehicles

The use of the green concept in the automotive industry as an energy-efficient transport innovation is still regarded as a new technology in Malaysia. It also has the potential to alleviate environmental issues in order to improve environmental performance in the automotive industry context. As such, the significance of green technology has become a growing concern, especially among developing countries. The purpose of this study is to determine consumers’ willingness to pay for green vehicles towards solving environmental issues in Malaysia. In order to achieve this, the consumers’ willingness to pay (WTP) and their preferences were examined using the contingent valuation method (CVM) as found in previous studies. Data was gathered using survey questionnaires which were distributed among 445 Malaysians so as to know their preferences in terms of green vehicles and green practices. The data was analyzed using the Economic Valuation Method. The result shows that Malaysians are willing to pay the price increase in road tax by 6.49% maximum level for non-green vehicles as well as all control variables included in the doubled-bounded case. On the other hand, for a single-bounded case, the maximum value is 7.91% which is higher as respondents were given single WTP amount for acceptance compared to the double-bounded case when the initial WTP was followed by another different amount.

scholarly journals PENILAIAN EKONOMI PENANGKARAN RUSA DI TAMAN HUTAN RAYA WAN ABDUL RACHMAN (TAHURA WAR) MENGGUNAKAN METODE KESEDIAAN MEMBAYAR

2021 ◽  
Vol 16 (1) ◽  
pp. 37-46
Author(s):  
Kevin Ewaldo Kahimpong
Keyword(s):  
Willingness To Pay ◽  
Sampling Method ◽  
Contingent Valuation Method ◽  
Economic Valuation ◽  
Sustainable Use ◽  
Conservation Education ◽  
Forest Park ◽  
Average Value ◽  
Valuation Method ◽  
To Come

Lampung is one of the provinces that has various tourist objects, one of which is the Deer Breeding in Wan Abdul Rachman (WAR) Grand Forest Park (Tahura). Its use as a tourist attracts visitors to come and have recreation. As one of the efforts for sustainable use, it is necessary to carry out an economic valuation. The purpose of this study was to calculate the willingness to pay visitors to the Deer Breeding in Tahura WAR using the willingness to pay method and to estimate the revenue received from the tourist attraction of Tahura WAR Deer Captivity. The method used in this research is the willingness to pay method with the contingent valuation method (CVM) and the total revenue method. The research was conducted from February to March 2020. The respondents selected regarding the purposive sampling method that was 100 people. The results showed that the average value of the willingness to pay visitors in Tahura WAR Deer Breeding was Rp. 12.900,-/person/visit, and acceptance of the Tahura WAR Deer Breeding was Rp. 27.552.00.000,-/year the value obtained from the willingness to pay visitors to a hypothetical market in the form of making deer conservation education packages.

scholarly journals Economic Valuation of Green Electricity Sources in Pakistan

2020 ◽  
Vol 10 (3) ◽  
pp. 47
Author(s):  
Muhammad-Jawad Iqbal ◽  
Abdul-Rahim Samad Abdul
Keyword(s):  
Willingness To Pay ◽  
Rural Areas ◽  
Contingent Valuation Method ◽  
Renewable Energy Sources ◽  
Economic Valuation ◽  
Green Electricity ◽  
The Sustainable Development ◽  
Valuation Method ◽  
Bid Price ◽  
The Government

Green electricity, which comes from renewable sources such as wind, hydro and solar, are well appreciated for their being environment friendly. The advantage of these sources are apparent in part of already natural environment. Moreover, this modern form of electricity also contributes in the poverty alleviation in developing countries, which is one of the sustainable development goals (SDG). The objective of this study is to explore electricity consumers’ willingness to pay for the sustainable energy by employing the contingent valuation method (CVM). The respondents were divided into two broad categories of urban and rural consumers. A total of 400 respondents from urban and 405 respondents from rural areas were selected for this study. The CVM calculated the overall price of green electricity for the improvement of environment through increasing the share of electricity from renewable energy sources. The widely used WTP measure double-bounded dichotomous was utilised to elicit the appropriate value of green electricity from the bid price. The results from the logit regressions showed that the respondents with high income and a higher level of education are willing to pay more for green electricity in both urban and rural models. However, results also revealed that the willingness to pay for green electricity is high in younger people than older people. The mean willingness to pay has found 0.33 cents per kWh in the urban model, while is 0.24 in the rural model. The results provided a guideline to the government to charge an appropriate surcharge from the consumers in order to enhance the share of green electricity in energy mix.

scholarly journals The potential for monopoly rents from Etosha National Park, Namibia

2003 ◽  
Vol 6 (3) ◽  
pp. 459-472 ◽  
Author(s):  
Janet Ågren ◽  
Carita Nyyssölä ◽  
Jesper Stage
Keyword(s):  
Willingness To Pay ◽  
Contingent Valuation ◽  
National Park ◽  
Contingent Valuation Method ◽  
Current Management ◽  
Valuation Method ◽  
Monopoly Rents

This paper reports on a survey carried out among visitors to Etosha, Namibia, in May 2002. We use the contingent valuation method to estimate foreign tourists willingness to pay for visiting the park. We find that the Namibian government could raise park fees substantially and increase profits from foreign tourists by approximately N$ 2,3 million per year. If fees were raised in collusion with other governments, in order to avoid competition between countries in the region, profits could presumably be increased even further. However, the survey used to collect data on tourists willingness to pay also indicated dissatisfaction with current management of in-park resorts, and improved management of these resorts would probably be crucial for the success of any new tariff scheme.

scholarly journals The Valuation of Grassland Ecosystem Services in Inner Mongolia of China and Its Spatial Differences

2019 ◽  
Vol 11 (24) ◽  
pp. 7117 ◽  
Author(s):  
Jing Ning ◽  
Jianjun Jin ◽  
Foyuan Kuang ◽  
Xinyu Wan ◽  
Chenyang Zhang ◽  
...  
Keyword(s):  
Ecosystem Services ◽  
Willingness To Pay ◽  
Inner Mongolia ◽  
Contingent Valuation Method ◽  
Economic Valuation ◽  
Policy Implications ◽  
Grassland Ecosystem ◽  
Valuation Method ◽  
Grassland Ecosystems ◽  
Spatial Differences

Economic valuation of grassland ecosystem services is important for protecting and restoring grassland ecosystems. This study aims to investigate Chinese netizens’ willingness-to-pay (WTP) for protecting grassland ecosystem services in Inner Mongolia by using the contingent valuation method. The results indicate that 61.55% of respondents expressed a positive WTP. The mean WTP was estimated to be CNY 170.76 (USD 25.11) per person per year. We found that there is a significant spatial difference in respondent’s WTP. Factors such as respondent age, education, household income and concern about grassland protection significantly affected their WTP. Younger, more educated and wealthier respondents have a higher probability of willingness to pay, and those who are concerned about grassland protection present a higher WTP. The regression results also show that distance from the grassland negatively affects the probability and values of people’s WTP. Findings of this research provide useful policy implications for decision-makers involved in grassland protection and management.

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