IDEAS home Printed from https://ideas.repec.org/a/spr/agfoec/v2y2014i1p1-1310.1186-s40100-014-0010-5.html
   My bibliography  Save this article

The demand of urban residents for the biodiversity conservation in U Minh Thuong National Park, Vietnam

Author

Listed:
  • Huynh Khai
  • Mitsuyasu Yabe

Abstract

The total economic value of biodiversity provides policy-makers reliable information to estimate welfare losses caused by biodiversity reductions and perform cost-benefit analysis of biodiversity conservation projects. Searching literature reviews on economic-valuation techniques, the contingent valuation (CV) method has been popularly applied to estimate the economic value of biodiversity. This approach is based on a hypothetical scenario in which respondents are requested through questionnaires to reveal their maximum willingness to pay (WTP) for biodiversity conservation. The article used CV to study the Mekong Delta urban households’ preferences and their willingness to pay for the program of biodiversity conservation in U Minh Thuong National Park, one of the largest peat swamp forests in Vietnam. Logistic regression was used to predict the probability of respondents willing to pay for the conservation program. The mean WTP was calculated approximately VND16,510 ($0.78) per household per month for all respondents and about VND31,520 ($1.49) after excluding the protest zero and scenario rejecting respondents. Aggregately, Mekong Delta urban residents agreed to contribute about $10.97 million annually for the project of biodiversity conservation. Copyright Khai and Yabe; licensee Springer 2014

Suggested Citation

  • Huynh Khai & Mitsuyasu Yabe, 2014. "The demand of urban residents for the biodiversity conservation in U Minh Thuong National Park, Vietnam," Agricultural and Food Economics, Springer;Italian Society of Agricultural Economics (SIDEA), vol. 2(1), pages 1-13, December.
    • Handle: RePEc:spr:agfoec:v:2:y:2014:i:1:p:1-13:10.1186/s40100-014-0010-5
    DOI: 10.1186/s40100-014-0010-5
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1186/s40100-014-0010-5
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1186/s40100-014-0010-5?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Laura O. Taylor & Ronald G. Cummings, 1999. "Unbiased Value Estimates for Environmental Goods: A Cheap Talk Design for the Contingent Valuation Method," American Economic Review, American Economic Association, vol. 89(3), pages 649-665, June.
    2. Rodelio F Subade, 2005. "Valuing Biodiversity Conservation in a World Heritage Site: Citizen's Non-use Values for Tubbataha Reefs National Marine Park, Philippines," EEPSEA Research Report rr2005064, Economy and Environment Program for Southeast Asia (EEPSEA), revised Jun 2005.
    3. Rolfe, John & Bennett, Jeff & Louviere, Jordan, 2000. "Choice modelling and its potential application to tropical rainforest preservation," Ecological Economics, Elsevier, vol. 35(2), pages 289-302, November.
    4. 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.
    5. Christie, Mike & Hanley, Nick & Warren, John & Murphy, Kevin & Wright, Robert & Hyde, Tony, 2006. "Valuing the diversity of biodiversity," Ecological Economics, Elsevier, vol. 58(2), pages 304-317, June.
    6. Langford, Ian H. & Bateman, Ian J., 1996. "Elicitation and truncation effects in contingent valuation studies," Ecological Economics, Elsevier, vol. 19(3), pages 265-267, December.
    7. Krinsky, Itzhak & Robb, A Leslie, 1986. "On Approximating the Statistical Properties of Elasticities," The Review of Economics and Statistics, MIT Press, vol. 68(4), pages 715-719, November.
    8. Michael Hanemann & John Loomis & Barbara Kanninen, 1991. "Statistical Efficiency of Double-Bounded Dichotomous Choice Contingent Valuation," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 73(4), pages 1255-1263.
    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. Donfouet, Hermann Pythagore Pierre & Mohamed, Shukri F. & Otieno, Peter & Wambiya, Elvis & Mutua, Martin Kavao & Danaei, Goodarz, 2020. "Economic valuation of setting up a social health enterprise in urban poor-resource setting in Kenya," Social Science & Medicine, Elsevier, vol. 266(C).
    2. Khong, Tien Dung & Young, Michael D. & Loch, Adam & Thennakoon, Jayanthi, 2018. "Mekong River Delta farm-household willingness to pay for salinity intrusion risk reduction," Agricultural Water Management, Elsevier, vol. 200(C), pages 80-89.

    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. Hermann Donfouet & P. Jeanty & P.-A. Mahieu, 2014. "Dealing with internal inconsistency in double-bounded dichotomous choice: an application to community-based health insurance," Empirical Economics, Springer, vol. 46(1), pages 317-328, February.
    2. Bateman, Ian J. & Langford, Ian H. & Jones, Andrew P. & Kerr, Geoffrey N., 2001. "Bound and path effects in double and triple bounded dichotomous choice contingent valuation," Resource and Energy Economics, Elsevier, vol. 23(3), pages 191-213, July.
    3. Jin, Shaosheng & Guo, Haiyue & Mao, Feiying & Zhou, Lin & Cheng, Guangyan, 2016. "Willingness To Pay For Implementing Haccp Systems In China’S Small And Medium-Sized Food Enterprises," International Journal of Food and Agricultural Economics (IJFAEC), Alanya Alaaddin Keykubat University, Department of Economics and Finance, vol. 4(2), pages 1-13, April.
    4. Sardana, Kavita, 2019. "Tourists' Willingness to Pay for Restoration of Traditional Agro-forest Ecosystems Providing Biodiversity: Evidence from India," Ecological Economics, Elsevier, vol. 159(C), pages 362-372.
    5. Halkos, George, 2011. "Economic valuation of coastal zone quality improvements," MPRA Paper 35395, University Library of Munich, Germany.
    6. Lim, Seul-Ye & Kim, Hyo-Jin & Yoo, Seung-Hoon, 2017. "Public's willingness to pay a premium for bioethanol in Korea: A contingent valuation study," Energy Policy, Elsevier, vol. 101(C), pages 20-27.
    7. J. Paul Combs & Rickey C. Kirkpatrick & Jason F. Shogren & Joseph A. Herriges, 1993. "Matching Grants and Public Goods: a Closed-Ended Contingent Valuation Experiment," Public Finance Review, , vol. 21(2), pages 178-195, April.
    8. Carlsson, Fredrik & Frykblom, Peter & Johan Lagerkvist, Carl, 2005. "Using cheap talk as a test of validity in choice experiments," Economics Letters, Elsevier, vol. 89(2), pages 147-152, November.
    9. Siikamaki, Juha & Layton, David F., 2007. "Discrete choice survey experiments: A comparison using flexible methods," Journal of Environmental Economics and Management, Elsevier, vol. 53(1), pages 122-139, January.
    10. Rai, Rajesh Kumar & Scarborough, Helen, 2012. "Estimating the public benefits of mitigating damages caused by invasive plant species in a subsistence economy," 2012 Conference (56th), February 7-10, 2012, Fremantle, Australia 124421, Australian Agricultural and Resource Economics Society.
    11. Carmelo Javier León, 1995. "El método dicotómico de valoración contingente: una aplicación a los espacios naturales en Gran Canaria," Investigaciones Economicas, Fundación SEPI, vol. 19(1), pages 83-106, January.
    12. Héctor Tavárez & Oscar Abelleira & Levan Elbakidze, 2024. "Environmental awareness and willingness to pay for biodiversity improvement in Puerto Rico," Journal of Environmental Studies and Sciences, Springer;Association of Environmental Studies and Sciences, vol. 14(1), pages 154-166, March.
    13. Ju-Hee Kim & Ga-Eun Kim & Seung-Hoon Yoo, 2018. "A Valuation of the Restoration of Hwangnyongsa Temple in South Korea," Sustainability, MDPI, vol. 10(2), pages 1-7, January.
    14. Graça, Manjate, 2018. "Scope effects in contingent valuation: an application to the valuation of irrigation water quality improvements in Infulene Valley, Mozambique," Research Theses 334752, Collaborative Masters Program in Agricultural and Applied Economics.
    15. W. George Hutchinson & Riccardo Scarpa & Susan M. Chilton & T. McCallion, 2001. "Parametric and Non‐Parametric Estimates of Willingness to Pay for Forest Recreation in Northern Ireland: A Discrete Choice Contingent Valuation Study with Follow‐Ups," Journal of Agricultural Economics, Wiley Blackwell, vol. 52(1), pages 104-122, January.
    16. Koo, A Mi & Kim, Ju-Hee & Yoo, Seung-Hoon, 2022. "Household willingness to pay for a smart water metering and monitoring system: The case of South Korea," Utilities Policy, Elsevier, vol. 79(C).
    17. Håkansson, Cecilia & Östberg, Katarina & Bostedt, Göran, 2012. "Estimating Distributional Effects of Environmental Policy in Swedish Coastal Environments – A Walk along different Socio-economic Dimensions," CERE Working Papers 2012:18, CERE - the Center for Environmental and Resource Economics.
    18. Pappalardo, Gioacchino & West, Grant Howard & Nayga, Rodolfo M. & Toscano, Sabrina & Pecorino, Biagio, 2022. "The effect of a UNESCO world heritage site designation on willingness to pay to preserve an agri-environmental good: The case of the dry stone walls in Mt. Etna," Land Use Policy, Elsevier, vol. 114(C).
    19. Sunwoo Park & Namho Chung & Won Seok Lee, 2020. "Preserving the Culture of Jeju Haenyeo (Women Divers) as a Sustainable Tourism Resource," Sustainability, MDPI, vol. 12(24), pages 1-11, December.
    20. Kim, Hyo-Jin & Lee, Hye-Jeong & Yoo, Seung-Hoon, 2018. "Are South Korean people willing to pay for official development assistance for building renewable power plants in developing countries?," Energy Policy, Elsevier, vol. 118(C), pages 626-632.

    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:spr:agfoec:v:2:y:2014:i:1:p:1-13:10.1186/s40100-014-0010-5. 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: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.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.