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A Glimpse of the Tiger: How Much are Indians Willing to Pay for It?

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  • Indrila Guha

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  • Santadas Ghosh
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    Abstract

    The recreational demand for the Indian Sundarban, which is a World Heritage site and a complex mangrove ecosystem that borders India and Bangladesh is estimated. Two alternative methodologies exist for estimating the value of a recreational site. The Contingent Valuation Method (CVM), as a ‘stated preference’ valuation technique, circumvents the absence of markets for environmental goods. this method does not record visitors’ actual behaviour, literature on such techniques indicates that when there is a market for the service to be valued, CVM should be avoided. That is why the Travel Cost Method (TCM) is chosen. The study relied on a primary survey of a sample of visitors to the Indian Sundarban from November 2005 to March 2006. [SANDEE].

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    Bibliographic Info

    Paper provided by eSocialSciences in its series Working Papers with number id:2171.

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    Date of creation: Aug 2009
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    Handle: RePEc:ess:wpaper:id:2171

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    Related research

    Keywords: world heritage; Zonal Travel Cost Model; Consumer Surplus; Optimum Entry Fee; heritage; Indian Sundarban; mangrove ecosystem; ecosystem; India; Bangladesh; Contingent Valuation Method (CVM); Travel Cost Method (TCM); travel; sundarban; primary survey; market;

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    1. Font, Antoni Riera, 2000. "Mass Tourism and the Demand for Protected Natural Areas: A Travel Cost Approach," Journal of Environmental Economics and Management, Elsevier, vol. 39(1), pages 97-116, January.
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