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Hill recreational and services valuation : a case study of Taman Melawati Hill

This study estimates the economic values of household preference for preservation and conservation of hill recreational and services values in Malaysia. The Contingent Valuation technique is employed on 100 randomly selected households in the vicinities of Taman Melawati Hill. The study finds that h...

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Main Authors: Pek, Chuen Khee, Tee, Chee Hoong, Ng, Phuay Ying
Format: Article
Language:English
Published: Sunway University College 2010
Subjects:
GE Environmental Sciences
GF Human ecology. Anthropogeography
GV Recreation Leisure
Online Access:http://eprints.sunway.edu.my/83/1/Pek_C_K_-_final_edit_17_1_2011.pdf
http://eprints.sunway.edu.my/83/
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spelling my.sunway.eprints.832012-10-16T03:14:21Z http://eprints.sunway.edu.my/83/ Hill recreational and services valuation : a case study of Taman Melawati Hill Pek, Chuen Khee Tee, Chee Hoong Ng, Phuay Ying GE Environmental Sciences GF Human ecology. Anthropogeography GV Recreation Leisure This study estimates the economic values of household preference for preservation and conservation of hill recreational and services values in Malaysia. The Contingent Valuation technique is employed on 100 randomly selected households in the vicinities of Taman Melawati Hill. The study finds that hill preservation is important and the public is willing to pay for initiatives to mitigate further degradation to this ecosystem. More specifically, the study ascertains that households on average are willing to donate MYR92.40 per annum to the trust fund for hill mitigation management initiatives. This value conveys a total economic value of MYR51.6 million per annum, based on the Selangor state population who are willing to pay for the mitigation cause. This substantial value can help policy makers to identify any mismatch between what the public actually demands and are willing to pay for and the degradation to the supply due to modern developments. Sunway University College 2010 Article PeerReviewed text en http://eprints.sunway.edu.my/83/1/Pek_C_K_-_final_edit_17_1_2011.pdf Pek, Chuen Khee and Tee, Chee Hoong and Ng, Phuay Ying (2010) Hill recreational and services valuation : a case study of Taman Melawati Hill. Sunway Academic Journal, 7. pp. 33-47.
institution Sunway University
building Sunway Campus Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider Sunway University
content_source Sunway Institutional Repository
url_provider http://eprints.sunway.edu.my/
language English
topic GE Environmental Sciences
GF Human ecology. Anthropogeography
GV Recreation Leisure
spellingShingle GE Environmental Sciences
GF Human ecology. Anthropogeography
GV Recreation Leisure
Pek, Chuen Khee
Tee, Chee Hoong
Ng, Phuay Ying
Hill recreational and services valuation : a case study of Taman Melawati Hill
description This study estimates the economic values of household preference for preservation and conservation of hill recreational and services values in Malaysia. The Contingent Valuation technique is employed on 100 randomly selected households in the vicinities of Taman Melawati Hill. The study finds that hill preservation is important and the public is willing to pay for initiatives to mitigate further degradation to this ecosystem. More specifically, the study ascertains that households on average are willing to donate MYR92.40 per annum to the trust fund for hill mitigation management initiatives. This value conveys a total economic value of MYR51.6 million per annum, based on the Selangor state population who are willing to pay for the mitigation cause. This substantial value can help policy makers to identify any mismatch between what the public actually demands and are willing to pay for and the degradation to the supply due to modern developments.
format Article
author Pek, Chuen Khee
Tee, Chee Hoong
Ng, Phuay Ying
author_facet Pek, Chuen Khee
Tee, Chee Hoong
Ng, Phuay Ying
author_sort Pek, Chuen Khee
title Hill recreational and services valuation : a case study of Taman Melawati Hill
title_short Hill recreational and services valuation : a case study of Taman Melawati Hill
title_full Hill recreational and services valuation : a case study of Taman Melawati Hill
title_fullStr Hill recreational and services valuation : a case study of Taman Melawati Hill
title_full_unstemmed Hill recreational and services valuation : a case study of Taman Melawati Hill
title_sort hill recreational and services valuation : a case study of taman melawati hill
publisher Sunway University College
publishDate 2010
url http://eprints.sunway.edu.my/83/1/Pek_C_K_-_final_edit_17_1_2011.pdf
http://eprints.sunway.edu.my/83/
_version_ 1644324237114081280
score 13.211869

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