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Environmental values and resource management options: a choice modelling experience in Malaysia

Published online by Cambridge University Press:  19 November 2004

JAMAL OTHMAN
Affiliation:
Resource and Environmental Economics Program, School of Economics Studies, Faculty of Economics and Business, Universiti Kebangsaan Malaysia, Bangi 43600, Malaysia
JEFF BENNETT
Affiliation:
National Centre for Development Studies, The Australian National University, Canberra ACT 0200, Australia
RUSSELL BLAMEY
Affiliation:
Centre for Tax System Integrity at the Australian National University, Canberra ACT 0200, Australia

Abstract

The management of the Matang Mangrove Wetlands in Perak State, Malaysia is under review. To assist decision makers in determining the optimal management strategy, a choice modelling application was undertaken to estimate the non-market values provided under different management options. Implicit prices for environmental attributes including the area of environmental forest protected, the number of bird species protected and the recreation use of the area were estimated. In addition, the implicit price of a social, non-market attribute, the employment of local people in wetland based extractive industries, was estimated. Compensating surplus estimates for a number of alternative wetland management scenarios were also calculated.

Type
Research Article
Copyright
© 2004 Cambridge University Press

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