Monetary valuation of the amenity forest ecological conservation and management attributes in Malaysia

Abstract: Incorporating users' preferences, expectations and demands when designing, planning and managing forest reserves for recreational purposes is crucial to success. This is particularly important in countries that have gazetted the forests as recreational forests for the public. This stu...

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Main Authors: Tom, Chin Kee, Matthew, Nitanan Koshy, Shuib, Ahmad
Format: Article
Published: Inderscience Enterprises 2022
Online Access:http://psasir.upm.edu.my/id/eprint/102233/
https://www.inderscienceonline.com/doi/abs/10.1504/IJEBR.2022.126427
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spelling my.upm.eprints.1022332023-07-10T02:05:55Z http://psasir.upm.edu.my/id/eprint/102233/ Monetary valuation of the amenity forest ecological conservation and management attributes in Malaysia Tom, Chin Kee Matthew, Nitanan Koshy Shuib, Ahmad Abstract: Incorporating users' preferences, expectations and demands when designing, planning and managing forest reserves for recreational purposes is crucial to success. This is particularly important in countries that have gazetted the forests as recreational forests for the public. This study aims to determine visitors' preferences on ecological and management recreational forest attributes, the levels of attributes and their preferences for particular forest attributes using the choice experiment method. The results indicated that visitors felt the number of workers in the park is sufficient, followed by more information boards (IB) (80% coverage) in the park being needed. Regarding facilities (IF), respondents were looking forward to seeing an improvement in up to 90% of the park's current facilities. In addition, respondents felt that park management should enhance their ecological management efforts in the park. The findings revealed in the AKRF that 83.6% of the respondents were willing to donate on ecological conservation and management. The quantity that participants were willing to donate amounted to RM44/year/family based on the random parameter logit model. The findings may assist policymakers in investigating the relationship between visitors and conservation and management in the AKRF. Inderscience Enterprises 2022-10-26 Article PeerReviewed Tom, Chin Kee and Matthew, Nitanan Koshy and Shuib, Ahmad (2022) Monetary valuation of the amenity forest ecological conservation and management attributes in Malaysia. International Journal of Economics and Business Research, 24 (4). pp. 441-470. ISSN 1756-9850; ESSN: 1756-9869 https://www.inderscienceonline.com/doi/abs/10.1504/IJEBR.2022.126427 10.1504/IJEBR.2022.126427
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/
description Abstract: Incorporating users' preferences, expectations and demands when designing, planning and managing forest reserves for recreational purposes is crucial to success. This is particularly important in countries that have gazetted the forests as recreational forests for the public. This study aims to determine visitors' preferences on ecological and management recreational forest attributes, the levels of attributes and their preferences for particular forest attributes using the choice experiment method. The results indicated that visitors felt the number of workers in the park is sufficient, followed by more information boards (IB) (80% coverage) in the park being needed. Regarding facilities (IF), respondents were looking forward to seeing an improvement in up to 90% of the park's current facilities. In addition, respondents felt that park management should enhance their ecological management efforts in the park. The findings revealed in the AKRF that 83.6% of the respondents were willing to donate on ecological conservation and management. The quantity that participants were willing to donate amounted to RM44/year/family based on the random parameter logit model. The findings may assist policymakers in investigating the relationship between visitors and conservation and management in the AKRF.
format Article
author Tom, Chin Kee
Matthew, Nitanan Koshy
Shuib, Ahmad
spellingShingle Tom, Chin Kee
Matthew, Nitanan Koshy
Shuib, Ahmad
Monetary valuation of the amenity forest ecological conservation and management attributes in Malaysia
author_facet Tom, Chin Kee
Matthew, Nitanan Koshy
Shuib, Ahmad
author_sort Tom, Chin Kee
title Monetary valuation of the amenity forest ecological conservation and management attributes in Malaysia
title_short Monetary valuation of the amenity forest ecological conservation and management attributes in Malaysia
title_full Monetary valuation of the amenity forest ecological conservation and management attributes in Malaysia
title_fullStr Monetary valuation of the amenity forest ecological conservation and management attributes in Malaysia
title_full_unstemmed Monetary valuation of the amenity forest ecological conservation and management attributes in Malaysia
title_sort monetary valuation of the amenity forest ecological conservation and management attributes in malaysia
publisher Inderscience Enterprises
publishDate 2022
url http://psasir.upm.edu.my/id/eprint/102233/
https://www.inderscienceonline.com/doi/abs/10.1504/IJEBR.2022.126427
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score 13.2014675