Choice Experiments for Estimating the Non-Market Value of Ecosystem Services in the Bang Kachao Green Area, Thailand
| Autor: | Jae Bong Chang, Areeyapat Petcharat, Yohan Lee |
|---|---|
| Jazyk: | angličtina |
| Rok vydání: | 2020 |
| Předmět: |
choice experiments
010504 meteorology & atmospheric sciences Geography Planning and Development TJ807-830 010501 environmental sciences Management Monitoring Policy and Law TD194-195 01 natural sciences Agricultural economics Renewable energy sources Ecosystem services Willingness to pay GE1-350 the Bang Kachao Green Area Market value Recreation 0105 earth and related environmental sciences Environmental effects of industries and plants Renewable Energy Sustainability and the Environment Metropolitan area Environmental sciences Ecotourism Business ecosystem services Payment for ecosystem services willingness to pay Externality |
| Zdroj: | Sustainability, Vol 12, Iss 7637, p 7637 (2020) Sustainability Volume 12 Issue 18 |
| ISSN: | 2071-1050 |
| Popis: | Bang Kachao, the largest green area in the Bangkok metropolitan area, delivers significant ecosystem services to sustain society free of charge. It is therefore difficult to achieve socially optimal services because of inefficient allocation of resources, over-consumption, and negative externalities resulting from market failures. This study&rsquo s purpose is to assess consumers&rsquo willingness to pay (WTP) for enhancing ecosystem services from the Bang Kachao Green Area and to investigate factors influencing the WTP of Bangkok residents. A choice experiment was applied by interviewing 200 respondents living in the Bangkok metropolitan area. The data were collected between July and September 2016 and analyzed using a conditional logit model. The results reveal that the respondents are willing to pay 42 USD per year to improve the ecosystem services in Bang Kachao. The respondents demand clean air the most, followed by food, recreation, and bird diversity. The government of Bangkok may take proactive steps to promote agroforestry and ecotourism in Bang Kachao. A Payment for Ecosystem Services (PES) scheme may ensure the provision of ecosystem services in Bang Kachao. |
| Databáze: | OpenAIRE |
| Externí odkaz: |
|