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A more efficient valuation of beaches using tourists’ perspectives and Geographic Information System (GIS): The case of Patenga of Chittagong, Bangladesh

Author

Listed:
  • Bashar Raisa

    (Department of Environmental Science and Management, North South University, SAC 715, South Academic Building, Plot 15, Block B, Bashundhara R/A, Dhaka–1229, Bangladesh)

  • Nandy Ananya

    (Department of Economics, East Delta University, Abdullah Al Noman Road, Noman Society, East Nasirabad, Khulshi, Chittagong–4209, Bangladesh)

Abstract

The valuation of non–marketed goods and services of beaches in developing nations is rarely conducted; thus, lax management efforts at these resource–rich places often lead to degradation. In an attempt to resolve this issue the research used the travel cost valuation method and incorporated the use of geographic information system to estimate a never-before-done non-market valuation of the area visited by respondents at the beach of Patenga of Chittagong, Bangladesh. The uniqueness of the research stems from defining the area enjoyed by the survey respondents, via mapping, which helped assign the value generated to that particular part of Patenga and not the rest; this significantly decreased the underestimation problem of the travel cost methodology. The research used secondary sources and collected responses and geographical data from surveys conducted over a seven day period in March of 2018, from 277 respondents. A value of at least 14,331,044BDT/USD1.71million was estimated for 2018 for only 9% of Patenga. Furthermore, the Willingness to Pay approach was used to propose an entry fee of 15BDT/USD0.18 which would yield a revenue of more than 6,750,000BDT/USD79,882 around the year. The authors believe, these results will push the policy-makers and encourage stakeholder participation to better implement and monitor environmental management measures at Patenga.

Suggested Citation

  • Bashar Raisa & Nandy Ananya, 2019. "A more efficient valuation of beaches using tourists’ perspectives and Geographic Information System (GIS): The case of Patenga of Chittagong, Bangladesh," Environmental & Socio-economic Studies, Sciendo, vol. 7(3), pages 54-65, September.
    • Handle: RePEc:vrs:enviro:v:7:y:2019:i:3:p:54-65:n:5
    DOI: 10.2478/environ-2019-0017
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    References listed on IDEAS

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    1. Nick Hanley & Clive L. Spash, 1993. "Cost–Benefit Analysis and the Environment," Books, Edward Elgar Publishing, number 205.
    2. Jean Cavailhès & Thierry Brossard & Jean-Christophe Foltête & Mohamed Hilal & Daniel Joly & François-Pierre Tourneux & Céline Tritz & Pierre Wavresky, 2009. "GIS-based hedonic pricing of landscape," Post-Print hal-02668434, HAL.
    3. David W. Fischer, 1990. "Public Policy Aspects of Beach Erosion Control," American Journal of Economics and Sociology, Wiley Blackwell, vol. 49(2), pages 185-197, April.
    4. Gopalakrishnan, Sathya & Smith, Martin D. & Slott, Jordan M. & Murray, A. Brad, 2011. "The value of disappearing beaches: A hedonic pricing model with endogenous beach width," Journal of Environmental Economics and Management, Elsevier, vol. 61(3), pages 297-310, May.
    5. Islam, K M Nabiul & Islam, Md Nazrul, 2011. "Economics Of Extraction Of Products From Sundar Bans Reserve Forest," Bangladesh Journal of Agricultural Economics, Bangladesh Agricultural University, vol. 34(1-2), pages 29-53, December.
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