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Mechanisms to capture economic values of marine biodiversity: The case of Tubbataha Reefs UNESCO World Heritage Site, Philippines

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  • Subade, Rodelio F.
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    Abstract

    This paper examines the use and non-use values of coral reefs as applied to the Tubbataha Reefs UNESCO World Heritage Site. Results from various studies indicate that economic benefits/values from conservation far exceed the costs of conservation. Mechanisms on how such economic values have been and can be captured are discussed. It is noted that non-use values could provide huge capturable economic values.

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    File URL: http://www.sciencedirect.com/science/article/B6VCD-4KDBM97-1/2/966f9a66a673a009633dd759b3d75406
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    Bibliographic Info

    Article provided by Elsevier in its journal Marine Policy.

    Volume (Year): 31 (2007)
    Issue (Month): 2 (March)
    Pages: 135-142

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    Handle: RePEc:eee:marpol:v:31:y:2007:i:2:p:135-142

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    Web page: http://www.elsevier.com/locate/marpol

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    Keywords: Tubbataha reefs Economic values Marine biodiversity;

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    Cited by:
    1. Joseph Cook & Marc Jeuland & Brian Maskery & Dale Whittington, 2012. "Giving Stated Preference Respondents “Time to Think”: Results From Four Countries," Environmental & Resource Economics, European Association of Environmental and Resource Economists, vol. 51(4), pages 473-496, April.
    2. Whittington, Dale & Pagiola, Stefano, 2011. "Using contingent valuation in the design of payments for environmental services mechanisms: a review and assessment," MPRA Paper 32730, University Library of Munich, Germany.
    3. Subade, Rodelio F. & Francisco, Herminia A., 2014. "Do non-users value coral reefs?: Economic valuation of conserving Tubbataha Reefs, Philippines," Ecological Economics, Elsevier, vol. 102(C), pages 24-32.

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