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Who pays more to preserve a natural reserve, visitors or locals? A confidence analysis of a contingent valuation application

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  • Dani Aoun

Abstract

Because of the current trend in nature degradation, protected areas are gaining importance. Ehden reserve in Lebanon is one such example, a reserve providing shelter to a substantial number of endangered species. This paper was designed to have three main objectives which are firstly to measure respondents’ willingness to pay (WTP) to preserve the protected area, drawing a distinction between visitors and residents to ascertain whether there are any appreciable differences and why these might arise; Secondly, to identify the best ways to collect local funds; Thirdly, to investigate further studies and to inform decision makers about the importance of a long-term conservation and sustainable program. Using an open ended questionnaire, contingent valuation method is applied to obtain the WTP. The WTP is then tested by using a stepwise multiple regression model relating WTP to all socio demographic variables. Finally the problems of hypothetical bias are explored. Copyright Society for Environmental Economics and Policy Studies and Springer Japan 2015

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  • Dani Aoun, 2015. "Who pays more to preserve a natural reserve, visitors or locals? A confidence analysis of a contingent valuation application," Environmental Economics and Policy Studies, Springer;Society for Environmental Economics and Policy Studies - SEEPS, vol. 17(4), pages 471-486, October.
  • Handle: RePEc:spr:envpol:v:17:y:2015:i:4:p:471-486
    DOI: 10.1007/s10018-014-0095-9
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    More about this item

    Keywords

    Contingent valuation method; Environmental economics; Natural reserves; Protected areas; Q57; Q58;
    All these keywords.

    JEL classification:

    • Q57 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Ecological Economics
    • Q58 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environmental Economics: Government Policy

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