Show simple item record

dc.creatorAlmed, M.
dc.creatorUmali, G.M.
dc.creatorChiew Kieok Chong
dc.creatorRull, M.F.
dc.creatorGarcia, M.C.
dc.date.accessioned2018-11-06T10:18:52Z
dc.date.available2018-11-06T10:18:52Z
dc.date.issued2007
dc.identifierhttp://www.sciencedirect.com/science/article/pii/S096456910600130X
dc.identifier.citationOcean and Coastal Management 50(1/2) pp. 103-118
dc.identifier.issn0964-5691
dc.identifier.urihttps://hdl.handle.net/20.500.12348/1622
dc.description.abstractThe recognition of previous termrecreationalnext term and conservation benefits of coral reefs globally provides a sound economic rationale for their management. The value of previous termrecreationalnext term and conservation benefits of coral reefs along the Lingayen Gulf, Bolinao, Philippines is evaluated using travel cost and contingent valuation methods, respectively. Empirical results generated consumer surplus valued at PhP10,463 (US$223) per person per annum or potential net annual revenues to the local economy worth PhP220.2 million (US$4.7 million) from an estimated 21,042 visitors to Bolinao in 2000. However, willingness to pay (WTP) values (in absolute terms and as a percentage of income) for the conservation of coral reefs at Bolinao that were elicited are low, particularly among domestic tourists. This implies that preservation of natural resources and the environment may not be an immediate priority among local travelers due to socio-economic considerations in developing countries, such as the Philippines and the public goods nature of the previous termrecreationalnext term services provided by coral reefs. These results have further implications for determining the values of coral reefs to support public investment for their conservation and management. The roles of advocacy, education, and awareness campaigns have been highlighted to create a larger WTP for the management of coral reefs.
dc.formatapplication/pdf
dc.languageEn
dc.publisherElsevier BV
dc.sourceOcean and Coastal Management
dc.titleValuing Recreational and Conservation Benefits of Coral Reefs-the Case of Balinao, Philippines
dc.typeJournal Article
dcterms.bibliographicCitationAlmed, M. et al. (2007). Valuing Recreational and Conservation Benefits of Coral Reefs-the Case of Balinao, Philippines. Ocean and Coastal Management 50(1/2) pp. 103-118
dc.description.versionPeer Review
cg.coverage.countryPhilippines
cg.identifier.worldfish806
cg.subject.agrovoccoral reefs
cg.subject.worldfishconservation
cg.identifier.statusLimited access
cg.identifier.ISIindexedISI indexed
cg.contribution.worldfishauthorAhmed, M.
cg.description.themeMiscellaneous
dc.identifier.doihttps://doi.org/10.1016/j.ocecoaman.2006.08.010en_US
cg.identifier.urlhttp://www.sciencedirect.com/science/article/pii/S096456910600130X
worldfish.location.areaAsia


Files in this item

FilesSizeFormatView

There are no files associated with this item.

This item appears in the following Collection(s)

Show simple item record