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The willingness to pay for conservation fee of urban green space: a case study of Kota Damansara Forest Reserve, Malaysia


Citation

Ab Razak, Nurshazwani and Mohammad Afandi, Syamsul Herman and W Mohamad, Wan Norhidayah (2023) The willingness to pay for conservation fee of urban green space: a case study of Kota Damansara Forest Reserve, Malaysia. International Journal of Academic Research in Business and Social Sciences, 13 (11). pp. 2382-2398. ISSN 2222-6990

Abstract

In recent years, Malaysia's total forest area has decreased due to rapid urban growth. Urban green spaces (UGS) act as forested land in a township. We assess the importance of UGS by estimating the visitors' willingness to pay (WTP) for a hypothetical conservation fee for Kota Damansara Forest Reserve (KDFR) in Kuala Lumpur, Malaysia. This study applied the Contingent Valuation Method (CVM), where the Double-bounded dichotomous choice (DBDC) format was adopted. Primary data were obtained from 400 recreationists within KDFR. Trained enumerators conducted interview sessions at main trailheads and recreational spots in KDFR. SPSS Statistical Software version 22 was employed for descriptive analysis of the respondents' socioeconomic characteristics. STATA 14 was used for multiple regression analysis and to estimate the willingness to pay. The findings show that recreationists in KDFR are willing to pay a conservation fee of RM 5.22 per person/visit. By multiplying the WTP with the population, the conservation value for 2020 is estimated at RM 243,907.80. The results of this study would specifically assist other government authorities in administering their land use when it involves recreational and conservation consumption in urban areas through financial information.


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Additional Metadata

Item Type: Article
Divisions: School of Business and Economics
Publisher: Human Resource Management Academic Research Society
Keywords: Conservation fee; Urban forest; Double bounded dichotomous choice; Urban green space; Willingness to pay
Depositing User: Ms. Nur Faseha Mohd Kadim
Date Deposited: 14 Oct 2024 07:40
Last Modified: 14 Oct 2024 07:40
URI: http://psasir.upm.edu.my/id/eprint/109232
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