IDEAS home Printed from https://ideas.repec.org/a/taf/jenpmg/v56y2013i9p1403-1418.html
   My bibliography  Save this article

Economic valuation of the non-use attributes of a south-western coastal wetland in Bangladesh

Author

Listed:
  • Prosun Kumar Ghosh
  • M. Shahjahan Mondal

Abstract

Being located in the south-western hydrological region of Bangladesh, Chanda Beel, a coastal freshwater wetland, is threatened by over-exploitation of resources. Therefore, this study made an attempt to estimate the non-use values of the wetland to realise its hidden values. The study used the contingent valuation method (CVM) method to place a value on the non-use attributes of the wetland and the results show that the non-use value is approximately US$ 0.48 million annually. The effects of socio-economic factors on willingness to pay (WTP) were also examined. Finally, the paper concludes that the estimated non-use values need to be incorporated for a better management of the wetland resources.

Suggested Citation

  • Prosun Kumar Ghosh & M. Shahjahan Mondal, 2013. "Economic valuation of the non-use attributes of a south-western coastal wetland in Bangladesh," Journal of Environmental Planning and Management, Taylor & Francis Journals, vol. 56(9), pages 1403-1418, November.
    • Handle: RePEc:taf:jenpmg:v:56:y:2013:i:9:p:1403-1418
    DOI: 10.1080/09640568.2012.724667
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1080/09640568.2012.724667
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1080/09640568.2012.724667?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. Guy Garrod & Kenneth G. Willis, 1999. "Economic Valuation of the Environment," Books, Edward Elgar Publishing, number 1368.
    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. Marcelânio Laurentino & Elcida Araújo & Marcelo Alves Ramos & Maria Clara Bezerra Tenório Cavalcanti & Paulo Henrique Santos Gonçalves & Ulysses Paulino Albuquerque, 2022. "Socioeconomic and ecological indicators in willingness to accept compensation for the conservation of medicinal plants in a tropical dry forest," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 24(3), pages 4471-4489, March.
    2. Halkos, George & Leonti, Aikaterini & Sardianou, Eleni, 2022. "Determinants of willingness to pay for entrance to urban parks: A quantile regression analysis," Economic Analysis and Policy, Elsevier, vol. 74(C), pages 421-431.
    3. Ndebele, Tom & Forgie, Vicky, 2017. "Estimating the economic benefits of a wetland restoration programme in New Zealand: A contingent valuation approach," Economic Analysis and Policy, Elsevier, vol. 55(C), pages 75-89.
    4. Honggen Zhu & Zhengfei Guan & Xuan Wei, 2016. "Factors Influencing Farmers’ Willingness to Participate in Wetland Restoration: Evidence from China," Sustainability, MDPI, vol. 8(12), pages 1-12, December.
    5. Fonseca, Ana Margarida P. & Marques, Carlos A.F. & Pinto-Correia, Teresa & Guiomar, Nuno & Campbell, Daniel E., 2019. "Emergy evaluation for decision-making in complex multifunctional farming systems," Agricultural Systems, Elsevier, vol. 171(C), pages 1-12.

    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. Verbic, Miroslav & Slabe-Erker, Renata, 2009. "An econometric analysis of willingness-to-pay for sustainable development: A case study of the Volcji Potok landscape area," Ecological Economics, Elsevier, vol. 68(5), pages 1316-1328, March.
    2. Naz Abdulkareem Arif, 2020. "Estimate Household’s Willingness to Pay for Improved Tap Water Quality in Duhok Province," International Journal of Science and Business, IJSAB International, vol. 4(11), pages 152-159.
    3. Gurluk, Serkan, 2006. "The estimation of ecosystem services' value in the region of Misi Rural Development Project: Results from a contingent valuation survey," Forest Policy and Economics, Elsevier, vol. 9(3), pages 209-218, December.
    4. Bart Neuts & Peter Nijkamp & Eveline Van Leeuwen, 2012. "Crowding Externalities from Tourist Use of Urban Space," Tourism Economics, , vol. 18(3), pages 649-670, June.
    5. Dominic Moran & Esmond Tresidder & Alistair McVittie, 2006. "Estimating the Recreational Value of Mountain Biking Sites in Scotland Using Count Data Models," Tourism Economics, , vol. 12(1), pages 123-135, March.
    6. Lee, Kyung-Sook & Kim, Ju-Hee & Yoo, Seung-Hoon, 2021. "Would people pay a price premium for electricity from domestic wind power facilities? The case of South Korea," Energy Policy, Elsevier, vol. 156(C).
    7. Sk Samim Ferdows, 2012. "Whether WTP Is Affected By Some Other Factors? A Case Study On Durgapur," Journal of Knowledge Management, Economics and Information Technology, ScientificPapers.org, vol. 2(3), pages 1-4, June.
    8. Bénédicte Rulleau & Jeoffrey Dehez & Patrick Point & Dominique Ami & Olivier Chanel, 2009. "Approche multidimensionnelle de la valeur économique des loisirs de nature, suivi d'un commentaire de Dominique Ami et Olivier Chanel," Économie et Statistique, Programme National Persée, vol. 421(1), pages 29-51.
    9. Tilahun, Mesfin & Damnyag, Lawrence & Anglaaere, Luke C.N., 2016. "The Ankasa Forest Conservation Area of Ghana: Ecosystem service values and on-site REDD+ opportunity cost," Forest Policy and Economics, Elsevier, vol. 73(C), pages 168-176.
    10. Mazzanti, Massimiliano, 2002. "Cultural heritage as multi-dimensional, multi-value and multi-attribute economic good: toward a new framework for economic analysis and valuation," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 31(5), pages 529-558.
    11. Phoebe Koundouri & Ebun Akinsete & Stella Tsani, 2003. "Socio-economic and policy implications of multi-stressed rivers: A European perspective," DEOS Working Papers 0305, Athens University of Economics and Business.
    12. Winkler, Ralph, 2006. "Valuation of ecosystem goods and services: Part 1: An integrated dynamic approach," Ecological Economics, Elsevier, vol. 59(1), pages 82-93, August.
    13. Yu-Hui Chen & Kai-Han Qiu & Kang Ernest Liu & Chun-Yuan Chiang, 2020. "Are Consumers Willing to Pay a Premium for Pure Rice Noodles? A Study of Discrete Choice Experiments in Taiwan," Sustainability, MDPI, vol. 12(15), pages 1-18, July.
    14. Richard Bennett & Ken Willis, 2008. "Public values for badgers, bovine TB reduction and management strategies," Journal of Environmental Planning and Management, Taylor & Francis Journals, vol. 51(4), pages 511-523.
    15. Siettou, Christina, 2015. "The UK public’s perceptions on the issue of the dog overpopulation problem and people’s willingness to pay (WTP) for a humane stray dog management," 89th Annual Conference, April 13-15, 2015, Warwick University, Coventry, UK 204209, Agricultural Economics Society.
    16. Rolfe, John & Gregg, Daniel, 2012. "Valuing Beach Recreation Across a Regional Area: The Great Barrier Reef in Australia," 2012 Conference (56th), February 7-10, 2012, Fremantle, Australia 124433, Australian Agricultural and Resource Economics Society.
    17. Mudavanhu, Shepherd & Blignaut, James & Stegmann, Nerine & Barnes, Garth & Prinsloo, Willem & Tuckett, Alistair, 2017. "The economic value of ecosystem goods and services: The case of Mogale’s Gate Biodiversity Centre, South Africa," Ecosystem Services, Elsevier, vol. 26(PA), pages 127-136.
    18. Mercado, Waldemar & Vásquez Lavín, Felipe & Ubillus, Karina & Orihuela, Carlos Enrique, 2020. "¿Es relevante la biodiversidad en la decisión de visita a los parques nacionales en el Perú?," Economia Agraria y Recursos Naturales, Spanish Association of Agricultural Economists, vol. 20(02), December.
    19. Himayatullah Khan, 2006. "Willingness to Pay for Margalla Hills National Park: Evidence from the Travel Cost Method," Lahore Journal of Economics, Department of Economics, The Lahore School of Economics, vol. 11(2), pages 43-70, Jul-Dec.
    20. Calmet , Denisse & Capurro , Juan Miguel, 2011. "El tiempo es dinero: Cálculo del valor social del tiempo en Lima Metropolitana para usuarios de transporte urbano," Revista Estudios Económicos, Banco Central de Reserva del Perú, issue 20, pages 73-86.

    More about this item

    Statistics

    Access and download statistics

    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:taf:jenpmg:v:56:y:2013:i:9:p:1403-1418. 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: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/CJEP20 .

    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.