scholarly journals Economic Valuation of the Taj Mahal in India: The Contingent Valuation Method

2021 ◽  
Vol 1 (1) ◽  
pp. 43
Author(s):  
Sadia Islam
2020 ◽  
Vol 12 (11) ◽  
pp. 4784 ◽  
Author(s):  
George Halkos ◽  
Aikaterini Leonti ◽  
Eleni Sardianou

The existence of parks is particularly important and offers many benefits both to the environment and to humans. Parks are recreational spaces, which contribute to the improvement of the microclimate, reduce atmospheric pollution and protect biodiversity. Their importance for the urban environment is even greater because they offer pure oxygen to the city and people feel close to nature in them. The aim of this study is to review studies which took place globally as well as in Greece, relying on the Contingent Valuation Method (CVM) for parks. The reason that this method is used is the valuation of non-market goods and services through the development of a hypothetical market. Additionally, a distinction is made among previous empirical studies depending on the nature of the parks and the country where the survey was conducted, while the disadvantages that must be considered from the use of Contingent Valuation Method are mentioned. According to the findings of the literature review, studies using Contingent Valuation in Greece, particularly in the case of urban parks, are limited. As far as we know, the valuation of existing urban parks has not yet been studied, so this could be a field for further research. The economic valuation of parks in a country like Greece, which suffered with the financial crisis, can lead to conclusions about the value that citizens attribute to parks and the identification of possible protest responses.


2021 ◽  
Vol 19 (3) ◽  
pp. e0110-e0110
Author(s):  
Octavio T. Barrera-Perales ◽  

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.


2019 ◽  
Vol 19 (1) ◽  
Author(s):  
Hugo Rabier ◽  
Hassan Serrier ◽  
Anne-Marie Schott ◽  
Nathan Mewton ◽  
Michel Ovize ◽  
...  

Abstract Background The aim of this study was to estimate the mean cost per caregiver of informal care during the first year after myocardial infarction event in France. Methods We used the Handicap-Santé French survey carried out in 2008 to obtain data about MI survivors and their caregivers. After obtaining the total number of informal care hours provided by caregiver during the first year after MI event, we estimated the value of informal care using the proxy good method and the contingent valuation method. Results For MI people receiving informal care, an annual mean cost was estimated at €12,404 (SD = 13,012) with the proxy good method and €12,798 (SD = 13,425) with the contingent valuation method per caregiver during the first year after myocardial infarction event. Conclusions The present study suggests that informal care should be included more widely in economic evaluations in order not to underestimate the cost of diseases which induce disability.


2017 ◽  
Vol 18 (1) ◽  
pp. 1-21 ◽  
Author(s):  
Khairunnisa Khairunnisa ◽  
Tridoyo Kusumastanto ◽  
Achmad Fahrudin

Economic Assesment of Coastal Tourism in Carocok Painan, Pesisir Selatan Regency, West SumateraCarocok Painan is one of the potential areas for coastal tourism in Pesisir Selatan Regency. The area has beautiful beaches, coastal resources and historical sites that attract tourists. This study aims to estimate the supply and demand for coastal tourism in Carocok Painan. The supply conditions based on water quality analysis, suitability area, and carrying capacity show that the Carocok Painan is suitable for coastal tourism. The analysis of demand shows that the economic value of Carocok Painan for tourists using the travel cost method is Rp41,521,536,000 per year, while the economic value for residents using contingent valuation method is Rp347,756,632 per year. Keywords: Carocok Painan; Coastal Tourism; Contingent Valuation Method; Economic Valuation; Tourism Economic Value; Travel Cost Method AbstrakCarocok Painan merupakan salah satu kawasan yang potensial untuk tujuan wisata pesisir di Kabupaten Pesisir Selatan. Kawasan ini memiliki pantai yang indah, sumber daya pesisir dan situs sejarah yang dapat menarik wisatawan. Penelitian ini bertujuan untuk memperkirakan kondisi penawaran dan permintaan wisata pesisir Kawasan Carocok Painan. Kondisi penawaran berdasarkan analisis kualitas air, kesesuaian lahan, dan daya dukung menunjukkan bahwa Kawasan Carocok Painan sesuai untuk wisata pesisir. Analisis kondisi permintaan menunjukkan bahwa nilai ekonomi Kawasan Carocok Painan bagi wisatawan yang diestimasi dengan travel cost method adalah Rp41.521.536.000 per tahun, sedangkan nilai ekonomi bagi penduduk yang diestimasi dengan contingent valuation method adalah Rp347.756.632 per tahun.


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