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Evaluating the Economic Viability of Agro-Ecotourism as a Nature-Based Solution for a Climate Adaptation Strategy: A Case Study of Yuanshan Township, Taiwan

Author

Listed:
  • Wan-Jiun Chen

    (Institute of Natural Resources Management, National Taipei University, No. 151, University Rd., Sanxia District, New Taipei City 237, Taiwan)

  • Jihn-Fa Jan

    (Department of Land Economics, National Chengchi University, No. 64, Section 2, Zhinan Rd., Taipei 116, Taiwan)

  • Chih-Hsin Chung

    (Department of Forestry and Natural Resources, National Ilan University, No. 1, Section 1, Shennong Rd., Yilan City 260, Taiwan)

  • Shyue-Cherng Liaw

    (Department of Geography, National Taiwan Normal University, No. 162, Section 1, Heping East Rd., Taipei 106, Taiwan)

Abstract

This study applied the contingent valuation method to evaluate the economic viability of climate adaptation policies in the climate-fragile Yuanshan Township (YST), Taiwan, focusing on the balance between forest conservation and local livelihoods. Traditional agriculture in YST is transitioning to agro-ecotourism, supported by leisure-oriented and hillside forest protection policies that attract visitors and cause the local economy to thrive. This research used non-market valuation methods to quantify the value of local recreational resources perceived by visitors at NTD 1002.00 per visitor. The findings indicate that visitors’ willingness to pay for these resources is significantly influenced by their intention to revisit YST, their trust in local conservation efforts, their gender, and their income. The value that visitors place on recreational resources and the aforementioned significant determinants of their willingness to pay highlight the economic potential of agro-ecotourism in supporting both environmental sustainability and community income. This study emphasizes that successful nature-based climate adaptation must consider the economic interests of resource users and local residents. Agro-ecotourism in YST is shown to be a viable policy for balancing forest conservation with societal benefits, providing a model for the sustainable management of local resources. The economic benefits from this transition underscore the feasibility of agricultural transformation for community income generation and climate resilience, demonstrating that environmental and economic goals can be mutually supportive in addressing climate change.

Suggested Citation

  • Wan-Jiun Chen & Jihn-Fa Jan & Chih-Hsin Chung & Shyue-Cherng Liaw, 2024. "Evaluating the Economic Viability of Agro-Ecotourism as a Nature-Based Solution for a Climate Adaptation Strategy: A Case Study of Yuanshan Township, Taiwan," Sustainability, MDPI, vol. 16(18), pages 1-17, September.
    • Handle: RePEc:gam:jsusta:v:16:y:2024:i:18:p:8267-:d:1483746
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    References listed on IDEAS

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    1. Trudy Ann Cameron, 1991. "Interval Estimates of Non-Market Resource Values from Referendum Contingent Valuation Surveys," Land Economics, University of Wisconsin Press, vol. 67(4), pages 413-421.
    2. Wan-Yu Liu & Pin-Zheng Chen & Chi-Ming Hsieh, 2019. "Assessing the Recreational Value of a National Forest Park from Ecotourists’ Perspective in Taiwan," Sustainability, MDPI, vol. 11(15), pages 1-17, July.
    3. Wan-Jiun Chen & Jihn-Fa Jan & Chih-Hsin Chung & Shyue-Cherng Liaw, 2023. "Agriculture Risks and Opportunities in a Climate-Vulnerable Watershed in Northeastern Taiwan—The Opinions of Leisure Agriculture Operators," Sustainability, MDPI, vol. 15(20), pages 1-22, October.
    4. Wan-Jiun Chen & Jihn-Fa Jan & Chih-Hsin Chung & Shyue-Cherng Liaw, 2023. "Do Eco-Based Adaptation Measures Enhance Ecosystem Adaptation Services? Economic Evidence from a Study of Hillside Forests in a Fragile Watershed in Northeastern Taiwan," Sustainability, MDPI, vol. 15(12), pages 1-17, June.
    5. Cameron, Trudy Ann, 1988. "A new paradigm for valuing non-market goods using referendum data: Maximum likelihood estimation by censored logistic regression," Journal of Environmental Economics and Management, Elsevier, vol. 15(3), pages 355-379, September.
    6. Wan-Jiun Chen & Jihn-Fa Jan & Chih-Hsin Chung & Shyue-Cherng Liaw, 2022. "Resident Willingness to Pay for Ecosystem Services in Hillside Forests," IJERPH, MDPI, vol. 19(10), pages 1-17, May.
    7. W. Michael Hanemann, 1984. "Welfare Evaluations in Contingent Valuation Experiments with Discrete Responses," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 66(3), pages 332-341.
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