IDEAS home Printed from https://ideas.repec.org/a/gam/jsusta/v14y2022i9p4935-d797716.html
   My bibliography  Save this article

Economic Value of Recreation as an Ecosystem Service in Ayer Keroh Recreational Forest, Malaysia

Author

Listed:
  • Nitanan Koshy Matthew

    (Department of Environment, Faculty of Forestry and Environment, Universiti Putra Malaysia (UPM), Serdang 43400, Selangor, Malaysia
    Institute of Tropical Agriculture and Food Security (ITAFoS), Universiti Putra Malaysia (UPM), Serdang 43400, Selangor, Malaysia)

  • Ahmad Shuib

    (School of Business and Economics, Universiti Putra Malaysia (UPM), Serdang 43400, Selangor, Malaysia)

  • Nitya Ganeshwaari Raja Gopal

    (Department of Environment, Faculty of Forestry and Environment, Universiti Putra Malaysia (UPM), Serdang 43400, Selangor, Malaysia)

  • Goh Ie Zheng

    (Department of Environment, Faculty of Forestry and Environment, Universiti Putra Malaysia (UPM), Serdang 43400, Selangor, Malaysia)

Abstract

Economic values of various ecosystem services of recreational forests are not well understood in many countries, including Malaysia. Policymakers and resource managers with a lack of such information may make inappropriate decisions to manage forest resources. To address the information problem, this study used data and estimated the economic value of recreation as a cultural ecosystem service of the Ayer Keroh Recreational Forest (AKRF) in Malaysia using the Travel Cost Method (TCM). The study estimated an economic value of USD 20,346/ha/year for cultural services, including recreation. These findings provide some useful information that might be needed for those involved in planning and management for the development of urban forest sites, especially in AKRF.

Suggested Citation

  • Nitanan Koshy Matthew & Ahmad Shuib & Nitya Ganeshwaari Raja Gopal & Goh Ie Zheng, 2022. "Economic Value of Recreation as an Ecosystem Service in Ayer Keroh Recreational Forest, Malaysia," Sustainability, MDPI, vol. 14(9), pages 1-13, April.
  • Handle: RePEc:gam:jsusta:v:14:y:2022:i:9:p:4935-:d:797716
    as

    Download full text from publisher

    File URL: https://www.mdpi.com/2071-1050/14/9/4935/pdf
    Download Restriction: no

    File URL: https://www.mdpi.com/2071-1050/14/9/4935/
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Frank A. Ward & Diana Beal, 2000. "Valuing Nature with Travel Cost Models," Books, Edward Elgar Publishing, number 1768.
    2. Digun-Aweto Oghenetejri & Van Der Merwe Peet & Fawole Ogbanero Pipy, 2019. "Nature Tourism Satisfaction in Okomu National Park, Edo State, Nigeria," Polish Journal of Sport and Tourism, Sciendo, vol. 26(4), pages 32-37, December.
    3. Bertram, Christine & Larondelle, Neele, 2017. "Going to the Woods Is Going Home: Recreational Benefits of a Larger Urban Forest Site — A Travel Cost Analysis for Berlin, Germany," Ecological Economics, Elsevier, vol. 132(C), pages 255-263.
    4. Robert Mendelsohn & John Hof & George Peterson & Reed Johnson, 1992. "Measuring Recreation Values with Multiple Destination Trips," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 74(4), pages 926-933.
    5. Michael D. Creel & John B. Loomis, 1990. "Theoretical and Empirical Advantages of Truncated Count Data Estimators for Analysis of Deer Hunting in California," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 72(2), pages 434-441.
    6. Nicolas Borzykowski & Andrea Baranzini & David Maradan, 2017. "A travel cost assessment of the demand for recreation in Swiss forests," Review of Agricultural, Food and Environmental Studies, Springer, vol. 98(3), pages 149-171, December.
    7. Englin, Jeffrey & Shonkwiler, J S, 1995. "Estimating Social Welfare Using Count Data Models: An Application to Long-Run Recreation Demand under Conditions of Endogenous Stratification and Truncation," The Review of Economics and Statistics, MIT Press, vol. 77(1), pages 104-112, February.
    8. Jamal Othman & Yaghoob Jafari, 2019. "Economic Valuation of an Urban Lake Recreational Park: Case of Taman Tasik Cempaka in Bandar Baru Bangi, Malaysia," Sustainability, MDPI, vol. 11(11), pages 1-15, May.
    9. Bernard, Florence & de Groot, Rudolf S. & Campos, José Joaquín, 2009. "Valuation of tropical forest services and mechanisms to finance their conservation and sustainable use: A case study of Tapantí National Park, Costa Rica," Forest Policy and Economics, Elsevier, vol. 11(3), pages 174-183, May.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Anna Széchy & Zsuzsanna Szerényi, 2023. "Valuing the Recreational Services Provided by Hungary’s Forest Ecosystems," Sustainability, MDPI, vol. 15(5), pages 1-16, February.
    2. Atalel Wubalem & Teshale Woldeamanuel & Zerihun Nigussie, 2023. "Economic Valuation of Lake Tana: A Recreational Use Value Estimation through the Travel Cost Method," Sustainability, MDPI, vol. 15(8), pages 1-20, April.
    3. Eszter Tormáné Kovács & Csaba Centeri, 2023. "Assessment of Ecosystem Services at Different Scales," Sustainability, MDPI, vol. 15(24), pages 1-5, December.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Rolfe, John & Dyack, Brenda, 2010. "Testing for convergent validity between travel cost and contingent valuation estimates of recreation values in the Coorong, Australia," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 54(4), pages 1-17.
    2. Roberto Martinez-Espineira & Joe Amoako-Tuffour, 2008. "Multi-destination and multi-purpose trip effects in the analysis of the demand for trips to a remote recreational site," EERI Research Paper Series EERI_RP_2008_19, Economics and Econometrics Research Institute (EERI), Brussels.
    3. Isabel Mendes & Isabel Proença, 2005. "Estimating the Recreation Value of Ecosystems by Using a Travel Cost Method Approach," Working Papers Department of Economics 2005/08, ISEG - Lisbon School of Economics and Management, Department of Economics, Universidade de Lisboa.
    4. Isabel Mendes & Isabel Proença, 2009. "Measuring the Social Recreation Per-Day Net Benefit of Wildlife Amenities of a National Park: A Count-Data Travel Cost Approach," Working Papers Department of Economics 2009/35, ISEG - Lisbon School of Economics and Management, Department of Economics, Universidade de Lisboa.
    5. Hynes, Stephen & Gaeven, Rainey & O'Reilly, Paul, 2017. "Estimating a Total Demand Function for Sea Angling Pursuits," Ecological Economics, Elsevier, vol. 134(C), pages 73-81.
    6. Jamal Othman & Yaghoob Jafari, 2019. "Economic Valuation of an Urban Lake Recreational Park: Case of Taman Tasik Cempaka in Bandar Baru Bangi, Malaysia," Sustainability, MDPI, vol. 11(11), pages 1-15, May.
    7. John Cullinan & Stephen Hynes & Cathal O’Donoghue, 2008. "Aggregating Consumer Surplus Values in Travel Cost Modelling Using Spatial Microsimulation and GIS Techniques," Working Papers 0807, Rural Economy and Development Programme,Teagasc.
    8. Paul Mwebaze & Jeff Bennett, 2012. "Valuing Australian botanic collections: a combined travel-cost and contingent valuation study," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 56(4), pages 498-520, October.
    9. Cetin, Nuket Ipek & Bourget, Gulhan & Tezer, Azime, 2021. "Travel-cost method for assessing the monetary value of recreational services in the Ömerli Catchment," Ecological Economics, Elsevier, vol. 190(C).
    10. Woodall, Stacie & Wandschneider, Philip R. & Foltz, John C. & Taylor, R. Garth, 2002. "Valuing Idaho Wineries With A Travel Cost Model," 2002 Annual Meeting, July 28-31, 2002, Long Beach, California 36613, Western Agricultural Economics Association.
    11. Hynes, Stephen & Gaeven Rainey, & O’Reilly, Paul, 2016. "Estimating the demand for Sea Angling in Irish Waters using on-site travel cost models," Working Papers 262595, National University of Ireland, Galway, Socio-Economic Marine Research Unit.
    12. Prayaga, Prabha, 2017. "Estimating the value of beach recreation for locals in the Great Barrier Reef Marine Park, Australia," Economic Analysis and Policy, Elsevier, vol. 53(C), pages 9-18.
    13. Isabel Proenca & Isabel Menes, 2000. "Measuring the Average Per Day Net Benefit of Non-consumptive Wildlife - Associated Recreation For a National Park: a Count-Data Travel Cost Approach," Regional and Urban Modeling 283600078, EcoMod.
    14. Amoako-Tuffour, Joe & Martınez-Espineira, Roberto, 2008. "Leisure and the Opportunity Cost of Travel Time in Recreation Demand Analysis: A Re-Examination," MPRA Paper 8573, University Library of Munich, Germany.
    15. Wai Soe Zin & Aya Suzuki & Kelvin S.-H. Peh & Alexandros Gasparatos, 2019. "Economic Value of Cultural Ecosystem Services from Recreation in Popa Mountain National Park, Myanmar: A Comparison of Two Rapid Valuation Techniques," Land, MDPI, vol. 8(12), pages 1-20, December.
    16. Egan, Kevin & Herriges, Joseph, 2006. "Multivariate count data regression models with individual panel data from an on-site sample," Journal of Environmental Economics and Management, Elsevier, vol. 52(2), pages 567-581, September.
    17. Lienhoop, Nele & Ansmann, Till, 2011. "Valuing water level changes in reservoirs using two stated preference approaches: An exploration of validity," Ecological Economics, Elsevier, vol. 70(7), pages 1250-1258, May.
    18. Shrestha, Ram K. & Seidl, Andrew F. & Moraes, Andre S., 2002. "Value of recreational fishing in the Brazilian Pantanal: a travel cost analysis using count data models," Ecological Economics, Elsevier, vol. 42(1-2), pages 289-299, August.
    19. Dominic Moran & Esmond Tresidder & Alistair McVittie, 2006. "Estimating the Recreational Value of Mountain Biking Sites in Scotland Using Count Data Models," Tourism Economics, , vol. 12(1), pages 123-135, March.
    20. Atalel Wubalem & Teshale Woldeamanuel & Zerihun Nigussie, 2023. "Economic Valuation of Lake Tana: A Recreational Use Value Estimation through the Travel Cost Method," Sustainability, MDPI, vol. 15(8), pages 1-20, April.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:gam:jsusta:v:14:y:2022:i:9:p:4935-:d:797716. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: MDPI Indexing Manager (email available below). General contact details of provider: https://www.mdpi.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.