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Marine park visitors’ trade-off among marine ecological attributes in Malaysia.

Arabamiry, Seddigheh and Abdul Rahim, Khalid and Radam, Alias and Khademfar, Mohammad and Yacob, Mohd Rusli (2013) Marine park visitors’ trade-off among marine ecological attributes in Malaysia. International Journal of Business and Social Science, 4 (17). pp. 218-228. ISSN 2219-1933; ESSN: 2219-6021

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Official URL: http://ijbssnet.com/journal/index/2282

Abstract

The central theme of this study is economic valuation of ecological function values through ecologic al attributes and biophysical indicators; as predicted in the strategic plan 2011-2015 of Department of Marine Park Malaysia(DMPM). So that, visitors of Perhentian Island Marine Park (PIMP) held for these attributes. Applying non -market valuation technique i.e. choice modelling stated preference technique has been pursued to ach ieve this objective. The total collected data consist of 380 Questionn aires that have been completed by visitors through a face-to-face interview in two main islands. Results of Multinomial Logit Models indicated that greatest visitors’ preference for difference attribute levels was respectively for coral cover and water qua lity improvement in the highest level. This e conomic valuation can provide invaluable support to the conservation efforts in direction of maintenance biodiversity to stockholders including policymakers and tour operators.

Item Type:Article
Keyword:Willingness to pay; Perhentian Island Marine Park; Choice modelling stated preference technique; Multinomial logit model; Ecological attributes.
Faculty or Institute:Faculty of Economics and Management
Faculty of Educational Studies
Faculty of Environmental Studies
Publisher:Center for Promoting Ideas
ID Code:28953
Deposited By: Khairil Ridzuan Khahirullah
Deposited On:14 Jul 2014 09:14
Last Modified:15 Sep 2015 10:13

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