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Estimate the conservation value of ecotourism resources in Taman Negara Sungai Relau, Pahang

The purpose of this study is to estimate the conservation value of ecotourism resources among the visitors in Taman Negara Sungai Relau, Pahang. The application of dichotomous choice of Contingent Valuation Method (CVM) is used in measuring the willingness to pay (WTP) from the respondents. A total...

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Main Authors: Hassin, Nor Hizami, Yacob, Mohd Rusli, Radam, Alias
Format: Conference or Workshop Item
Language:English
Published: Faculty of Economics and Management, Universiti Putra Malaysia 2012
Online Access:http://psasir.upm.edu.my/id/eprint/51245/1/12-9.pdf
http://psasir.upm.edu.my/id/eprint/51245/
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spelling my.upm.eprints.512452017-04-03T06:00:47Z http://psasir.upm.edu.my/id/eprint/51245/ Estimate the conservation value of ecotourism resources in Taman Negara Sungai Relau, Pahang Hassin, Nor Hizami Yacob, Mohd Rusli Radam, Alias The purpose of this study is to estimate the conservation value of ecotourism resources among the visitors in Taman Negara Sungai Relau, Pahang. The application of dichotomous choice of Contingent Valuation Method (CVM) is used in measuring the willingness to pay (WTP) from the respondents. A total of 300 respondents were obtained which randomly choose during face to face interviewed. The conservation value of the ecotourism resources in TNSR were estimated by using single-bounded dichotomous choice method. The logit regression model result indicates that BID, INCOME and EDU variables were significance and influences the visitors’ willingness to pay for the entrance permit to TNSR. The estimated mean WTP was RM 8.26 per visit. Meanwhile, the expected benefit or total value of conservation of the ecotourism resources in TNSR was RM 148,085.28. The finding of the study recommends that the park management should engage the visitors into its conservation endeavor as well as share the benefits with them. The study reveals that visitors are willing to pay higher than the current (RM1) entrance fees. Thus, results of this study are important in assists the TNSR management in establishing an efficient and realistic entrance permits to visitors for sustainable of the ecotourism resource in future. Faculty of Economics and Management, Universiti Putra Malaysia 2012 Conference or Workshop Item PeerReviewed application/pdf en http://psasir.upm.edu.my/id/eprint/51245/1/12-9.pdf Hassin, Nor Hizami and Yacob, Mohd Rusli and Radam, Alias (2012) Estimate the conservation value of ecotourism resources in Taman Negara Sungai Relau, Pahang. In: National Research & Innovation Conference for Graduate Students in Social Sciences (GS-NRIC 2012), 7-9 Dec. 2012, Mahkota Hotel, Melaka. (pp. 236-243).
institution Universiti Putra Malaysia
building UPM Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Putra Malaysia
content_source UPM Institutional Repository
url_provider http://psasir.upm.edu.my/
language English
description The purpose of this study is to estimate the conservation value of ecotourism resources among the visitors in Taman Negara Sungai Relau, Pahang. The application of dichotomous choice of Contingent Valuation Method (CVM) is used in measuring the willingness to pay (WTP) from the respondents. A total of 300 respondents were obtained which randomly choose during face to face interviewed. The conservation value of the ecotourism resources in TNSR were estimated by using single-bounded dichotomous choice method. The logit regression model result indicates that BID, INCOME and EDU variables were significance and influences the visitors’ willingness to pay for the entrance permit to TNSR. The estimated mean WTP was RM 8.26 per visit. Meanwhile, the expected benefit or total value of conservation of the ecotourism resources in TNSR was RM 148,085.28. The finding of the study recommends that the park management should engage the visitors into its conservation endeavor as well as share the benefits with them. The study reveals that visitors are willing to pay higher than the current (RM1) entrance fees. Thus, results of this study are important in assists the TNSR management in establishing an efficient and realistic entrance permits to visitors for sustainable of the ecotourism resource in future.
format Conference or Workshop Item
author Hassin, Nor Hizami
Yacob, Mohd Rusli
Radam, Alias
spellingShingle Hassin, Nor Hizami
Yacob, Mohd Rusli
Radam, Alias
Estimate the conservation value of ecotourism resources in Taman Negara Sungai Relau, Pahang
author_facet Hassin, Nor Hizami
Yacob, Mohd Rusli
Radam, Alias
author_sort Hassin, Nor Hizami
title Estimate the conservation value of ecotourism resources in Taman Negara Sungai Relau, Pahang
title_short Estimate the conservation value of ecotourism resources in Taman Negara Sungai Relau, Pahang
title_full Estimate the conservation value of ecotourism resources in Taman Negara Sungai Relau, Pahang
title_fullStr Estimate the conservation value of ecotourism resources in Taman Negara Sungai Relau, Pahang
title_full_unstemmed Estimate the conservation value of ecotourism resources in Taman Negara Sungai Relau, Pahang
title_sort estimate the conservation value of ecotourism resources in taman negara sungai relau, pahang
publisher Faculty of Economics and Management, Universiti Putra Malaysia
publishDate 2012
url http://psasir.upm.edu.my/id/eprint/51245/1/12-9.pdf
http://psasir.upm.edu.my/id/eprint/51245/
_version_ 1643834898097635328
score 13.211869

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