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Do non-users value coral reefs?: Economic valuation of conserving Tubbataha Reefs, Philippines

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  • Subade, Rodelio F.
  • Francisco, Herminia A.

Abstract

The main purpose of the study is to determine whether non-use values exist among residents of Quezon City, hundreds of kilometers away from Tubbataha Reefs. The dichotomous choice contingent valuation method (CVM) was employed across 800 randomly selected respondents, 400 of which were personally interviewed (PI) and 400 were asked to accomplish self-administered (SA) questionnaires, 198 of the latter were found useable for the study. Results showed that 46% of all respondents were willing to pay for conservation of the reefs, with bequest motive or concern for future generations as their main reason. The mean WTP ranged from 437 pesos for PI respondents to 233 pesos for SA respondents. These substantial non-use values justify the need for regular government appropriation for conserving Tubbataha Reefs.

Suggested Citation

  • 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.
    • Handle: RePEc:eee:ecolec:v:102:y:2014:i:c:p:24-32
    DOI: 10.1016/j.ecolecon.2014.03.007
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    5. Halkos, George & Matsiori, Steriani, 2018. "Environmental attitudes and preferences for coastal zone improvements," Economic Analysis and Policy, Elsevier, vol. 58(C), pages 153-166.
    6. Vicente, Millinia Ciela & Loja, Princess Joan & Subade, Rodelio, 2023. "Economic valuation of ecosystem services in Balatin River Sub-Watershed, Southern Philippines," Agricultural and Resource Economics: International Scientific E-Journal, Agricultural and Resource Economics: International Scientific E-Journal, vol. 9(1), March.
    7. Juan Ignacio Pulido-Fernández & Yaiza López-Sánchez, 2016. "Are Tourists Really Willing to Pay More for Sustainable Destinations?," Sustainability, MDPI, vol. 8(12), pages 1-20, November.
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