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Use and non-use values of wild Asian elephants: A total economic valuation approach

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  • Bandara, Ranjith
  • Tisdell, Clement A.

Abstract

The contingent valuation method is often used for valuing environmental goods possessing use as well as non-use values. This paper investigates the relative importance of these values in relation to the existence of the wild Asian elephant. It does so by analysing results from a contingent valuation survey of a sample of urban residents living in three selected housing schemes in Colombo. We find that the major proportion of the respondents’ willingness to pay (WTP) for conservation of wild elephants is attributable to the non-use values of the elephant. However, differences in the relative importance of these values exist between those who visit national parks and those who do not. Differences in respondents’ WTP for conservation of elephants are found to be largely influenced by attitudinal and behavioural factors rather than socio-economic ones. We conclude that policymakers must recognise and take account of the importance of non-use values of the Asian elephant, if this endangered species is to survive in the long run. Nevertheless, the non-consumptive use value of elephants in Sri Lanka is also found to be substantial.

Suggested Citation

  • Bandara, Ranjith & Tisdell, Clement A., 2003. "Use and non-use values of wild Asian elephants: A total economic valuation approach," Economics, Ecology and Environment Working Papers 48961, University of Queensland, School of Economics.
  • Handle: RePEc:ags:uqseee:48961
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    File URL: http://purl.umn.edu/48961
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    Citations

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    Cited by:

    1. Clem Tisdell, 2006. "Valuation of Tourism's Natural Resources," Chapters,in: International Handbook on the Economics of Tourism, chapter 16 Edward Elgar Publishing.
    2. repec:kap:ecopln:v:51:y:2018:i:1:d:10.1007_s10644-016-9198-6 is not listed on IDEAS
    3. Bandara, Ranjith & Tisdell, Clement A., 2003. "Willingness to pay for different degrees of Abundance of Elephants," Economics, Ecology and Environment Working Papers 48966, University of Queensland, School of Economics.
    4. Ngouhouo Poufoun, Jonas & Abildtrup, Jens & Sonwa, Dénis Jean & Delacote, Philippe, 2016. "The value of endangered forest elephants to local communities in a transboundary conservation landscape," Ecological Economics, Elsevier, vol. 126(C), pages 70-86.
    5. Tisdell, Clement A. & Wilson, Clevo, 2003. "Economics of Wildlife Tourism," Economics, Ecology and Environment Working Papers 48969, University of Queensland, School of Economics.
    6. Bandara, Ranjith & Tisdell, Clement A., 2005. "The History and Value of the Elephant in Sri Lankan Society," Economics, Ecology and Environment Working Papers 55092, University of Queensland, School of Economics.
    7. Tisdell, Clement A., 2003. "Property rights of landholders in non-captive wildlife and prospects for conservation," Economics, Ecology and Environment Working Papers 48964, University of Queensland, School of Economics.
    8. Clevo Wilson & Clem Tisdell, 2007. "How Knowledge Affects Payment To Conserve An Endangered Bird," Contemporary Economic Policy, Western Economic Association International, vol. 25(2), pages 226-237, April.
    9. Ninan, K.N. & Sathyapalan, Jyothis, 2005. "The economics of biodiversity conservation: a study of a coffee growing region in the Western Ghats of India," Ecological Economics, Elsevier, vol. 55(1), pages 61-72, October.
    10. Tisdell, Clement A., 2005. "Elephants and Polity in Ancient India as Exemplified by Kautilya's Arthrasastra (Science of Polity)," Economics, Ecology and Environment Working Papers 55062, University of Queensland, School of Economics.
    11. Tisdell, Clement A., 2007. "The Economic Importance of Wildlife Conservation on the Otago Peninsula - 20 years on," Economics, Ecology and Environment Working Papers 55103, University of Queensland, School of Economics.
    12. Tisdell, Clement A., 2003. "Economic Incentives to Conserve Wildlife on Private lands: Analysis and Policy," Economics, Ecology and Environment Working Papers 48973, University of Queensland, School of Economics.

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