Economic values of wetlands conservation from the perspective of urban non-users

Benefits of wetlands resources that are tradable in the market, for example, wood products and fish are readily observable through market prices. However, non-marketable benefits such as the preservation of environmental functions and ecosystems are less objective. This study applies the Dichotomous...

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Main Authors: Othman, Jamal, Asmuni, Shahariah
Format: Article
Language:English
Published: Universiti Utara Malaysia 2003
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Online Access:http://repo.uum.edu.my/746/1/Jamal_Othman.pdf
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spelling my.uum.repo.7462010-09-30T03:32:36Z http://repo.uum.edu.my/746/ Economic values of wetlands conservation from the perspective of urban non-users Othman, Jamal Asmuni, Shahariah GE Environmental Sciences Benefits of wetlands resources that are tradable in the market, for example, wood products and fish are readily observable through market prices. However, non-marketable benefits such as the preservation of environmental functions and ecosystems are less objective. This study applies the Dichotomous- Choice Contingent Valuation Method on the Paya Indah wetlands in Kuala Langat, Selangor to estimate the non-marketed benefits of conserving the wetland from the perspective of non-users, in particular among urban households in Selangor. Results indicate that the mean willingness to pay (equivalent surplus) which reflects the non-use values of Paya Indah wetlands accrued to urban non-user households in Selangor ranges from RM28 - RM31 annually. The large sum of monetary value that households place in the conservation of Paya Indah illustrates partially the magnitude of social benefits that society at large obtains from the assurance that the wetland is to be maintained as a site for nature conservation. This strongly indicates that conservation of the wetlands is highly valued by the general public. Universiti Utara Malaysia 2003 Article PeerReviewed application/pdf en http://repo.uum.edu.my/746/1/Jamal_Othman.pdf Othman, Jamal and Asmuni, Shahariah (2003) Economic values of wetlands conservation from the perspective of urban non-users. Analisis, 10 (2). pp. 35-48. ISSN 0127-8983 http://ijms.uum.edu.my
institution Universiti Utara Malaysia
building UUM Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Utara Malaysia
content_source UUM Institutionali Repository
url_provider http://repo.uum.edu.my/
language English
topic GE Environmental Sciences
spellingShingle GE Environmental Sciences
Othman, Jamal
Asmuni, Shahariah
Economic values of wetlands conservation from the perspective of urban non-users
description Benefits of wetlands resources that are tradable in the market, for example, wood products and fish are readily observable through market prices. However, non-marketable benefits such as the preservation of environmental functions and ecosystems are less objective. This study applies the Dichotomous- Choice Contingent Valuation Method on the Paya Indah wetlands in Kuala Langat, Selangor to estimate the non-marketed benefits of conserving the wetland from the perspective of non-users, in particular among urban households in Selangor. Results indicate that the mean willingness to pay (equivalent surplus) which reflects the non-use values of Paya Indah wetlands accrued to urban non-user households in Selangor ranges from RM28 - RM31 annually. The large sum of monetary value that households place in the conservation of Paya Indah illustrates partially the magnitude of social benefits that society at large obtains from the assurance that the wetland is to be maintained as a site for nature conservation. This strongly indicates that conservation of the wetlands is highly valued by the general public.
format Article
author Othman, Jamal
Asmuni, Shahariah
author_facet Othman, Jamal
Asmuni, Shahariah
author_sort Othman, Jamal
title Economic values of wetlands conservation from the perspective of urban non-users
title_short Economic values of wetlands conservation from the perspective of urban non-users
title_full Economic values of wetlands conservation from the perspective of urban non-users
title_fullStr Economic values of wetlands conservation from the perspective of urban non-users
title_full_unstemmed Economic values of wetlands conservation from the perspective of urban non-users
title_sort economic values of wetlands conservation from the perspective of urban non-users
publisher Universiti Utara Malaysia
publishDate 2003
url http://repo.uum.edu.my/746/1/Jamal_Othman.pdf
http://repo.uum.edu.my/746/
http://ijms.uum.edu.my
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