Economic value of recreation as an ecosystem service in Ayer Keroh Recreational Forest, Malaysia

Citation

Matthew, Nitanan Koshy and Ahmad Shuib and Raja Gopal, Nitya Ganeshwaari and Goh, Ie Zheng (2022) Economic value of recreation as an ecosystem service in Ayer Keroh Recreational Forest, Malaysia. Sustainability, 14 (9). art. no. 4935. pp. 1-13. ISSN 2071-1050

Abstract

Economic values of various ecosystem services of recreational forests are not well understood in many countries, including Malaysia. Policymakers and resource managers with a lack of such information may make inappropriate decisions to manage forest resources. To address the information problem, this study used data and estimated the economic value of recreation as a cultural ecosystem service of the Ayer Keroh Recreational Forest (AKRF) in Malaysia using the Travel Cost Method (TCM). The study estimated an economic value of USD 20,346/ha/year for cultural services, including recreation. These findings provide some useful information that might be needed for those involved in planning and management for the development of urban forest sites, especially in AKRF.

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Official URL or Download Paper: https://www.mdpi.com/2071-1050/14/9/4935

Additional Metadata

Item Type:	Article
Divisions:	Institute of Tropical Agriculture and Food Security Faculty of Forestry and Environment School of Business and Economics
DOI Number:	https://doi.org/10.3390/su14094935
Publisher:	MDPI
Keywords:	Cultural services; Economic value; Travel Cost Method; Urban recreational forest
Depositing User:	Ms. Nur Faseha Mohd Kadim
Date Deposited:	17 Jun 2023 23:32
Last Modified:	17 Jun 2023 23:32
Altmetrics:	http://www.altmetric.com/details.php?domain=psasir.upm.edu.my&doi=10.3390/su14094935
URI:	http://psasir.upm.edu.my/id/eprint/101046
Statistic Details:	View Download Statistic

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