IDEAS home Printed from https://ideas.repec.org/p/ags/nzar09/97133.html
   My bibliography  Save this paper

The Existence Value of Peat Swamp Forest in Peninsular Malaysia

Author

Listed:
  • Mohd Azmi, M.I.
  • Cullen, Ross
  • Bigsby, Hugh R.
  • Awang Noor, A.G.

Abstract

Forests form the dominant natural ecosystem in Malaysia. About 55% of Malaysian land area is forested and endows a rich diversity of flora and fauna. Peat swamp forests constitute a significant component of forest and account for about 75% of the country’s total wetlands. Many peat swamp forests have already been converted to new land uses including palm oil plantations, agriculture and housing. The south-east Pahang peat swamp forest (SEPPSF), located at Pahang state is the largest peat swamp forest cover in Peninsular Malaysia and is believed to be the mainland Asia’s largest and intact peat swamp forest. It harbours unique flora and fauna, provides benefits and services of national interest and supports the livelihood of the aborigines (Orang Asli) communities. Many of the benefits and services from peat swamp forests are unpriced and this can lead to faulty land use decision making. Non market valuation can provide important information on the value of many currently unpriced items and enable decision makers to consider the opportunity costs of proposed land use changes. Total economic value (TEV), which includes use and non-use values, is a complex method to determine the estimated total benefits for a tropical forest. This study reports on a contingent valuation study of existence value (non-use value) of the SEPPSF. The economic value is based on the mean maximum willingness to pay of the households in Kuantan (the capital city of Pahang state) to conserve the forest.

Suggested Citation

  • Mohd Azmi, M.I. & Cullen, Ross & Bigsby, Hugh R. & Awang Noor, A.G., 2009. "The Existence Value of Peat Swamp Forest in Peninsular Malaysia," 2009 Conference, August 27-28, 2009, Nelson, New Zealand 97133, New Zealand Agricultural and Resource Economics Society.
    • Handle: RePEc:ags:nzar09:97133
    DOI: 10.22004/ag.econ.97133
    as

    Download full text from publisher

    File URL: https://ageconsearch.umn.edu/record/97133/files/2009_7_%20Peat%20swamp%20value%20Malaysia_Azmi%20etal_1_.pdf
    Download Restriction: no
    File URL: https://libkey.io/10.22004/ag.econ.97133?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
    ---><---

    References listed on IDEAS

    as
    1. G. C. van Kooten & Henk Folmer, 2004. "Land and Forest Economics," Books, Edward Elgar Publishing, number 3466.
    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. Alam, Md Jahangir & Rengasamy, Nagarajan & bin Dahalan, Mohd Puat & Halim, Sharina Abdul & Nath, Tapan Kumar, 2022. "Socio-economic and ecological outcomes of a community-based restoration of peatland swamp forests in Peninsular Malaysia: A 5Rs approach," Land Use Policy, Elsevier, vol. 122(C).

    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. Babigumira, Ronnie & Angelsen, Arild & Buis, Maarten & Bauch, Simone & Sunderland, Terry & Wunder, Sven, 2014. "Forest Clearing in Rural Livelihoods: Household-Level Global-Comparative Evidence," World Development, Elsevier, vol. 64(S1), pages 67-79.
    2. Araujo, Claudio & Bonjean, Catherine Araujo & Combes, Jean-Louis & Combes Motel, Pascale & Reis, Eustaquio J., 2009. "Property rights and deforestation in the Brazilian Amazon," Ecological Economics, Elsevier, vol. 68(8-9), pages 2461-2468, June.
    3. Kooten, G. Cornelis van, 2013. "Modeling Forest Trade in Logs and Lumber: Qualitative and Quantitative Analysis," Working Papers 149182, University of Victoria, Resource Economics and Policy.
    4. van Kooten, G. Cornelis, 2004. "Economics of Forest and Agricultural Carbon Sinks," Working Papers 18160, University of Victoria, Resource Economics and Policy.
    5. Kooten, G. Cornelis Van, 2022. "The Impact of Carbon on Optimal Forest Rotation Ages: An Application to Coastal Forests in British Columbia," 2022 Annual Meeting, July 31-August 2, Anaheim, California 322612, Agricultural and Applied Economics Association.
    6. G. Cornelis van Kooten & Tim Bogle & Frans P. de Vries, 2012. "Rent Seeking and the Smoke and Mirrors Game in the Creation of Forest Sector Carbon Credits: An Example from British Columbia," Working Papers 2012-06, University of Victoria, Department of Economics, Resource Economics and Policy Analysis Research Group.
    7. Ogg, Clayton W. & van Kooten, G. Cornelis, 2004. "Decoupling Farm Payments: Experience in the U.S., Canada, and Europe," Working Papers 37001, University of Victoria, Resource Economics and Policy.
    8. Bogle, Tim & van Kooten, G. Cornelis, 2013. "Options for maintaining forest productivity after natural disturbance: A principal–agent approach," Forest Policy and Economics, Elsevier, vol. 26(C), pages 138-144.
    9. Ujjayant Chakravorty & Marie‐Hélène Hubert & Beyza Ural Marchand, 2019. "Food for fuel: The effect of the US biofuel mandate on poverty in India," Quantitative Economics, Econometric Society, vol. 10(3), pages 1153-1193, July.
    10. Pendergast, Shannon M. & Clarke, Judith A. & van Kooten, G. Cornelis, 2008. "Corruption, Development and the Curse of Natural Resources," Working Papers 37913, University of Victoria, Resource Economics and Policy.
    11. Samuel GUERINEAU & Pascale COMBES MOTEL & Jean-Louis COMBES, 2008. "Deforestation and credit cycles in Latin American countries," Working Papers 200808, CERDI.
    12. Paul Schure & G. Cornelis van Kooten & Yichuan Wang, 2007. "Challenges for Less Developed Countries: Agricultural Policies in the EU and the US," Working Papers 2007-08, University of Victoria, Department of Economics, Resource Economics and Policy Analysis Research Group.
    13. Folmer, Henk & van Kooten, G. Cornelis, 2006. "Deforestation," Working Papers 37035, University of Victoria, Resource Economics and Policy.
      • Henk Folmer & G. Cornelis van Kooten, 2006. "Deforestation," Working Papers 2006-06, University of Victoria, Department of Economics, Resource Economics and Policy Analysis Research Group.
    14. van Kooten, G. Cornelis, 2014. "Benefits and costs of impeding free trade: Revisiting British Columbia's restrictions on log exports," Journal of Forest Economics, Elsevier, vol. 20(4), pages 333-347.
    15. van Kooten, G. Cornelis & Johnston, Craig, 2014. "Global impacts of Russian log export restrictions and the Canada–U.S. lumber dispute: Modeling trade in logs and lumber," Forest Policy and Economics, Elsevier, vol. 39(C), pages 54-66.
    16. Ramita Manandhar & Inakwu O.A. Odeh & Tihomir Ancev, 2014. "Assessment of Spatial-Temporal Expansion of Built-up and Residential-Commercial Dwellings with Some Economic Implications: A Case Study in the Lower Hunter of Eastern Australia," Land, MDPI, vol. 3(1), pages 1-21, March.
    17. Ujjayant Chakravorty & Marie-Hélène Hubert & Michel Moreaux, 2010. "Politiques pro-biocarburants et climatique américaines : impact sur les choix énergétiques du Brésil et des Etats-Unis et bilan carbone," Revue économique, Presses de Sciences-Po, vol. 61(1), pages 213-247.
    18. Chakravorty, Ujjayant & Hubert, Marie-Hélène & Moreaux, Michel & Nøstbakken, Linda, 2010. "Will Biofuel Mandates Raise Food Prices?," TSE Working Papers 10-212, Toulouse School of Economics (TSE).
    19. Zhang, Daowei & Stenger, Anne & Harou, Patrice A., 2015. "Policy instruments for developing planted forests: Theory and practices in China, the U.S., Brazil, and France," Journal of Forest Economics, Elsevier, vol. 21(4), pages 223-237.
    20. Olschewski, Roland & Benítez, Pablo C., 2010. "Optimizing joint production of timber and carbon sequestration of afforestation projects," Journal of Forest Economics, Elsevier, vol. 16(1), pages 1-10, January.

    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:ags:nzar09:97133. 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: AgEcon Search (email available below). General contact details of provider: https://edirc.repec.org/data/nzareea.html .

    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.