scholarly journals An economic evaluation of a forest park using the individual travel cost method (a case study of Ghaleh Rudkhan forest park in northern Iran)

2018 ◽  
Vol 6 (2) ◽  
pp. 48-55 ◽  
Author(s):  
Solmaz Zandi ◽  
Soleiman Mohammadi Limaei ◽  
Neda Amiri
Keyword(s):  
Ecosystem Services ◽  
Economic Value ◽  
Market Price ◽  
Consumer Surplus ◽  
Travel Cost ◽  
Travel Cost Method ◽  
Northern Iran ◽  
Forest Park ◽  
Recreational Value ◽  
The Individual

AbstractThe true economic value of ecosystem services may not be reflected in market transactions, because there is no real transaction for ecosystem services in the market. Therefore, it is important to evaluate the cost of time and travel to define the value people place on something in the absence of a market price. This study estimates the recreational value of Ghaleh Rudkhan forest park in the north of Iran using the individual travel cost method. This method is considered to be a substitute approach for the market. The data required were collected using questionnaires. Therefore, 271 questionnaires were randomly distributed between the visitors of the recreational site in 2016. In this study, a linear function is used to estimate the effects of explanatory variables including economic and social variables on the number of visits to estimate the recreational value of the forest park. Results showed that a consumer surplus of each person for their visit was 21500 Rials and the annual recreational value of the park was 78390595 Rials per ha. Furthermore, the variables such as travel expenses, income, distance, family size and visitor’s age are effective factors in the recreational use of the park. The results of this study can improve the quality of environmental services of the Ghaleh Rudkhan forest park and could expand the variety of services that they could supply based on the demand of the people.

scholarly journals The Value of Recreational Ecosystem Services in India

2020 ◽  
Vol 3 (1) ◽  
pp. 80
Author(s):  
Muniyandi Balasubramanian
Keyword(s):  
Ecosystem Services ◽  
National Park ◽  
Economic Value ◽  
Consumer Surplus ◽  
Well Being ◽  
Vital Role ◽  
Human Beings ◽  
Forest Ecosystem Services ◽  
The Individual ◽  
Mental Well Being

Forest ecosystem services have played a vital role in human well-being. Particularly, recreational ecosystem services are creating physical and mental well-being for human beings. Therefore, the main objective of the paper is to estimate the economic value of recreational ecosystem services provides by recreational sites such as Nandi Hills and Nagarhole National Park based on the individual travel cost method in Karnataka, India. This study has used a random sampling method for 300 tourist visitors to recreational sites. The present study has also estimated the consumer surplus of the visitors. The results of the study have found that (i) economic value of two creational sites has been estimated at US $323.05 million, (ii) the consumer surplus has been estimated for Nandi Hills at US $7.45 and Nagarhole National Park at US $3.16. The main implication of the study is to design the entry fees for the recreational site and sustainable utilization of recreational ecosystem services for the present and future generations.

scholarly journals Determining the recreational value of forest park by travel cost method and defining its effective factors

2016 ◽  
Vol 62 (No. 9) ◽  
pp. 399-406 ◽  
Author(s):  
M. Pirikiya ◽  
H. Amirnejad ◽  
J. Oladi ◽  
K. Ataie Solout
Keyword(s):  
Travel Cost ◽  
Travel Cost Method ◽  
Effective Factors ◽  
Forest Park ◽  
Recreational Value

scholarly journals The improvement of solidwaste management in Cibodas Botanical Garden through environmental economic valuation using the travel cost method

2019 ◽  
Vol 76 ◽  
pp. 03001
Author(s):  
Iwan Juwana ◽  
Muhammad Sirdar Albar
Keyword(s):  
Environmental Economic ◽  
Solid Waste Management ◽  
Economic Valuation ◽  
Economic Value ◽  
Consumer Surplus ◽  
Botanical Garden ◽  
Travel Cost ◽  
Travel Cost Method ◽  
Conservation Area ◽  
Total Economic Value

Cibodas Botanical Garden (CBG) is believed to have high environmental value for its function as conservation area and beautiful scenery. However, prior to this research, there is lack of economic valuation to determine the total value of CBG, including its environment. The local government, on the other hand, needs such environmental economic valuation to execute better decisions related to the CBG. This study aims at providing the mostly-needed economic valuation through the application of Travel Cost Method. The Travel Cost Method (TCM) is a method to calculate the economic value of products or services that do not own market value. This method utilises total cost of consumers who travel to certain places, preferably tourist destinations. The cost spent by consumers are considered as their willingness to pay (WTP) for the visited destination(s). In this study, TCM is used by preparing questionnaires for Cibodas visitors, analysing the results of the questionnaires, calculating the total economic value (TEV) of Cibodas, determining the consumer surplus, and proposing environmental programs at CBG. At the end, it was calculated that the TEV of Cibodas Botanical Garden is IDR113,072,532,700 with average WTP of the visitors IDR202,484 per visitor and the consumer surplus of IDR32,344 per visitor. Also, this study reveals that solid waste management improvement at CBG can be funded by potential income from the consumer surplus.

scholarly journals Economic evaluation on the tourism and recreational values of Can Gio biosphere reserve by adopting the travel cost method

2015 ◽  
Vol 18 (4) ◽  
pp. 153-165
Author(s):  
Hoang Thi Minh Vo ◽  
Thanh Thi Tu Nguyen
Keyword(s):  
Natural Resources ◽  
Demand Curve ◽  
Economic Value ◽  
Consumer Surplus ◽  
Biosphere Reserve ◽  
Travel Cost ◽  
Travel Cost Method ◽  
Total Economic Value ◽  
Tourism Potential ◽  
Can Gio Mangrove

The research aims at estimating the tourism and recreational values of Can Gio Mangrove Biosphere Reserve, Ho Chi Minh City, specifically, assessed the tourism potential via the willingness-to-pays of respondents (including domestic tourists and local people) for sustaining the landscape and regenerating natural resources as well as protecting the environment. The zone travel cost method was adopted in this study, to firstly plot the demand curve and then to estimate the values of recreation for visitors, eventually, come up with the total economic value of natural resources and environment of the research site. The results showed that the total recreational value of this resort is 6,542.3 billion VND while the consumer surplus values that visitors would receive from tourism activities are 1,389 billion VND. Each the tourist is willing to pay 107 thousand VND to improve the quality of tourism services, upgrading the infrastructure, sustaining the environmental quality and protecting the pristine look of the landscape.

scholarly journals A Model for the Economic Evaluation of Cultural Ecosystem Services: The Recreational Hunting Function in the Agroforestry Territories of Tuscany (Italy)

2021 ◽  
Vol 13 (20) ◽  
pp. 11229
Author(s):  
Claudio Fagarazzi ◽  
Carlotta Sergiacomi ◽  
Federico M. Stefanini ◽  
Enrico Marone
Keyword(s):  
Economic Evaluation ◽  
Ecosystem Services ◽  
Online Survey ◽  
Evaluation Method ◽  
Negative Binomial ◽  
Economic Value ◽  
Market Price ◽  
Consumer Surplus ◽  
Statistical Regression ◽  
Cultural Ecosystem Services

Cultural ecosystem services (CESs) are non-material benefits generated by natural and human ecosystems that substantially contribute to human wellbeing. Estimating the monetary value of CESs is challenging because there is no real market for these services and therefore there is no actual market price. This study seeks to define an economic evaluation method for these services, with special reference to a recreational CES that has so far received little discussion: hunting. We conducted an online survey in the province of Siena (Tuscany, Italy). The Consumer Surplus estimate of hunters was made using the travel-cost method with a detailed analysis of the annual expenditure on hunting activities, and a negative binomial statistical regression. The results reflect the nature of hunting activity and show the dynamics that have occurred over recent decades. In fact, whereas hunting used to be strongly connected to the rural world as it was an income supplement for local communities, nowadays it has turned into an elitist and almost exclusively recreational activity. In any case, knowing the economic value of ecosystem services constitutes an essential background for planning effective land management and development policies in the short and long term.

scholarly journals The Economic Valuation of Marjoly Beach and Resort Tour with Travel Cost Method (Travel Cost Method) Bintan District, Riau Islands Province

2021 ◽  
Vol 26 (2) ◽  
pp. 115
Author(s):  
Tri Dian Handayani ◽  
Trisla Warningsih ◽  
Lamun Bathara
Keyword(s):  
Descriptive Analysis ◽  
Economic Valuation ◽  
Economic Value ◽  
Consumer Surplus ◽  
Secondary Data ◽  
Travel Cost ◽  
Travel Cost Method ◽  
Travel Costs ◽  
Total Economic Value ◽  
Method Approach

This research was conducted at Marjoly Beach and Resort, Bintan Regency, Riau Islands Province. This study aims to describe the accommodation and entertainment as well as the socio-economic characteristics of visitors to Marjoly Beach and Resort, to analyze the factors that influence tourist visits to Marjoly Beach and Resort, to analyze the amount of economic value obtained by Marjoly Beach and Resort by accidental sampling with a total of 30 respondents. . The data needed in this research include primary and secondary data. Data were analyzed using descriptive analysis and multiple linear regression and from consumer surplus using the travel cost method. Respondents are determined using the travel cost method approach by estimating the economic value seen from the consumer surplus. The results showed that the total travel costs incurred by all visitors as respondents were around Rp. 38,035,000. Factors that influence tourist visits to Marjoly Beach and Resort are travel costs, income and age. The consumer surplus value obtained from the travel cost method is Rp. 50,276,669.60/ person per year or Rp. 17,955,953.4/ person per visit, then the total economic value obtained from assuming a surplus of tourism consumers in Marjoly Beach and Resort is Rp. 2,295,129,967.25.

scholarly journals Estimating Recreational Value of Foy's Lake: An Application of Travel Cost Count Data Model for Truncated Zeros

2017 ◽  
Author(s):  
Md. Touhidul Alam ◽  
Anis-Ul-Ekram Chowdury ◽  
Md. Sajib Hossian
Keyword(s):  
Regression Model ◽  
Count Data ◽  
Data Model ◽  
Poisson Regression ◽  
Consumer Surplus ◽  
Travel Cost ◽  
Travel Cost Method ◽  
Poisson Regression Model ◽  
Recreational Value ◽  
Recreational Benefits

To estimate the recreational value provided by the Foy’s Lake annually using the most applicable model for on-site data is the main objective of this study. Adhere to the objective of this study; Individual Travel Cost Method (ITCM) has been applied and Zero Truncated Poisson Regression Model has been found plausible among other models to estimate consumer surplus. Based on the findings of the study, an estimate of the consumer surplus or recreational benefits per trip per visitor can be recommended as BDT 5,875 or US $ 73.44 and counting the consumer surplus per trip per visitor, the annual recreational value (total consumer surplus) provided by the lake is found to be BDT 321 million or US $ 40.2 million.

scholarly journals Valuasi Ekonomi Sumberdaya Ikan Dan Ekowisata Mangrove Di Muara Angke, Jakarta

2018 ◽  
Vol 7 (4) ◽  
pp. 458-464
Author(s):  
Septya Mega Mahardhika ◽  
Suradi Wijaya Saputra ◽  
Churun Ain
Keyword(s):  
Random Sampling ◽  
Land Use Changes ◽  
Economic Valuation ◽  
Economic Value ◽  
Market Price ◽  
Secondary Data ◽  
Travel Cost ◽  
Economic Benefits ◽  
Travel Cost Method ◽  
Mangrove Ecosystems

Muara Angke merupakan satu – satunya kawasan yang masih memiliki ekosistem mangrove di daerah pesisir Jakarta. Luas Muara Angke kurang lebih 964,98 ha dibagi menjadi tiga zona. Dua diantaranya berkontribusi pada sektor Perikanan dan Ekowisata, yaitu Pangkalan Pendaratan Ikan (PPI) dan Taman Wisata Alam Angke Kapuk (TWAAK). Kurangnya pemahaman umum tentang manfaat ekonomi ekosistem mangrove  menyebabkan masyarakat mengeksploitasi secara berlebihan sehingga terjadi perubahan penggunaan lahan. Tujuan penelitian ini untuk mengetahui nilai ekonomi yang dihasilkan ekosistem mangrove berdasarkan dua aspek yaitu Perikanan Tangkap dan Ekowisata. Data Perikanan Tangkap menggunakan data sekunder dari Pengelola PPI Muara Angke tahun 2016 – 2017. Data sosial ekonomi diperoleh menggunakan  wawancara dengan bantuan kuesioner. Data biaya perjalanan rata – rata diperoleh dengan wawancara pengunjung TWAAK. Analisis Valuasi Ekonomi Perikanan Tangkap menggunakan Market Price Method. Analisis Valuasi Ekonomi Ekowisata Mangrove menggunakan Travel Cost Method. Metode penentuan 100 responden nelayan tangkap menggunakan Random Sampling sedangkan penentuan 100 responden pengunjung TWAAK menggunakan Accidental Sampling. Hasil penelitian didapatkan nilai ekonomi pada aspek perikanan tahun 2016 Rp. 13.148.945.100, tahun 2017 Rp.21.087.388.300 dan tahun 2018 Rp. 370.313.869.500. Hasil penelitian didapatkan nilai ekonomi ekowisata tahun 2018 Rp.40.28.400.000 Muara Angke is the only area that still has mangrove ecosystems in the coastal areas of Jakarta. Muara Angke area is approximately 964.98 ha divided into three zones. Two of them contribute to the Fisheries and Ecotourism sector, namely Fish Landing Base (PPI) and Angke Kapuk Nature Park (TWAAK). Lack of general understanding of the economic benefits of mangrove ecosystems causes people to over-exploit so that land use changes occur. The purpose of this study was to determine the economic value generated by mangrove ecosystems based on two aspects, namely Capture Fisheries and Ecotourism. Capture Fisheries Data uses secondary data from Muara Angke PPI Manager in 2016 - 2017. Socio-economic data were obtained using interview with Muara Angke fishermen with questionnaire assistance. Average travel cost data is obtained by interviewing TWAAK visitors. Capture Fisheries Economic Valuation Analysis using Market Price Method. Economic Valuation Analysis of Ecotourism Mangroves use the Travel Cost Method. The method of determining 100 respondents of capture fishermen uses Random Sampling while the determination of 100 respondents of TWAAK visitors uses Accidental Sampling. The results of the study obtained economic value in aspects of fisheries in 2016 Rp. 13,148,945,100, in 2017 Rp.21,087,388,300 and in 2018 Rp. 370,313,869,500. The results of the study obtained the economic value of ecotourism in 2018 Rp. 40.28.400.000

Using social media photos as a proxy to estimate the recreational value of (im)movable heritage: the Rubjerg Knude (Denmark) lighthouse

2020 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
António Azevedo
Keyword(s):  
Economic Value ◽  
Consumer Surplus ◽  
Application Programming Interface ◽  
Travel Cost ◽  
Rescue Operation ◽  
Content Type ◽  
Recreational Value ◽  
Residence Location ◽  
Heritage Building ◽  
Cost Calculations

Purpose On October 2019, the Rubjerg Knude lighthouse (Denmark) was moved 70 metres from the cliff edge. The Danish Government spent €700,000 on the rescue operation. Using the zonal travel cost method (ZTCM), this paper aims to estimate the recreational value of this (im)movable maritime heritage building, to assess whether it was worthwhile to incur that public expenditure. This valuation is complemented by a digital reputation analysis. Design/methodology/approach A Flickr application programming interface search method extracted 795 public photos with the “Rubjerg and Knude” tags, taken between 2004 and 2019. The ZTCM analysis included 148 photographers who provided information about their residence location. Findings Depending on the regression models and assumptions made, the estimated economic value of the lighthouse (measured by the consumer surplus) varies between 5.5m and 133m euros. That means that the operation’s cost is only a small percentage of the expected economic recreational value. Research limitations/implications The sample of Flickr photographers is a proxy to estimate the zonal visitation rate for a specific destination. Zonal travel cost calculations are always based on some assumptions defined by researchers. Practical implications The paper frames the role of lighthouses as an (im)movable heritage element, which provides several cultural ecosystem services – in particular aesthetic, recreational, cultural/educational, bequest and sense of place values/benefits for tourists and residents. Social implications This study supports the political decision of preserving an identity symbol of a specific place, based solely on its recreational value. Originality/value This paper combines a monetary approach (ZTCM) with a digital reputation analysis of this iconic attraction.

scholarly journals Economic Value of Cultural Ecosystem Services from Recreation in Popa Mountain National Park, Myanmar: A Comparison of Two Rapid Valuation Techniques

Land ◽  
2019 ◽  
Vol 8 (12) ◽  
pp. 194
Author(s):  
Wai Soe Zin ◽  
Aya Suzuki ◽  
Kelvin S.-H. Peh ◽  
Alexandros Gasparatos
Keyword(s):  
Ecosystem Services ◽  
Protected Areas ◽  
Ecosystem Service ◽  
National Park ◽  
Rapid Assessment ◽  
Economic Value ◽  
Cultural Ecosystem Services ◽  
Recreational Value ◽  
The Individual ◽  
Survey Protocol

Protected areas offer diverse ecosystem services, including cultural services related to recreation, which contribute manifold to human wellbeing and the economy. However, multiple pressures from other human activities often compromise ecosystem service delivery from protected areas. It is thus fundamental for effective management to understand the recreational values and visitor behaviors in such areas. This paper undertakes a rapid assessment of the economic value of cultural ecosystem services related to recreation in a national park in Myanmar using two valuation techniques, the individual travel cost method (TCM) and the Toolkit for Ecosystem Service Site-based Assessment (TESSA v.1.2). We focus on the Popa Mountain National Park, a protected area visited by approximately 800,000 domestic and 25,000 international tourists annually. Individual TCM estimates that each domestic visitor spent USD 20–24 per trip, and the total annual recreational value contributed by these visitors was estimated at USD 16.1–19.6 million (USD 916–1111 ha−1). TESSA estimated the annual recreational expenditure from domestic and international visitors at USD 15.1 million (USD 858 ha−1) and USD 5.04 million (USD 286 ha−1), respectively. Both methods may be employed as practical approaches to assess the recreational values of protected areas (and other land uses with recreational value), and they have rather complementary approaches. We recommend that both techniques be combined into a single survey protocol.

Sign in / Sign up

Export Citation Format

Share Document