Visitors’ economic valuation of the attributes of marine resource conservation and management in the Perhentian Marine Park, Malaysia
East coast of Peninsular Malaysia is rich in marine biodiversity, and the only habitat for few and rare species of marine life. Perhentian Island Marine Park (PIMP) is located in Terengganu state. It is a popular marine park among Malaysia international tourists (64.28% in 2012). It seems that ec...
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my-upm-ir.702172019-10-31T03:45:47Z Visitors’ economic valuation of the attributes of marine resource conservation and management in the Perhentian Marine Park, Malaysia 2014-03 Arabamiry, Seddigheh East coast of Peninsular Malaysia is rich in marine biodiversity, and the only habitat for few and rare species of marine life. Perhentian Island Marine Park (PIMP) is located in Terengganu state. It is a popular marine park among Malaysia international tourists (64.28% in 2012). It seems that ecological attributes which are as variables in this study, are not in acceptable situation. For instance, coral cover in PIMP is in fair condition (32.8%). Underestimated non-market values of marine ecosystem can cause excessive depletion and the less conservation of these environmental goods in the process of development decisions. Therefore, in such studies, one of the most useful instruments to express the value of unique marine ecosystems like PIMP for decision maker is estimating the economic benefits (e.g. conservation or/and recreation) of PIMP. This study is aimed to estimate the economic values of ecological function and relevant management process that the visitors of PIMP held for them (e.g. PIMP visitors’ willingness to pay and Marginal Rate of Substitution of attributes) by applying choice modelling method of stated preference techniques. Cochran’s formula in which population size is assumed last year visitors of PIMP (2012), was employed to estimate sample size; therefore the total collected data consist of 380 Questionnaires which have been completed by visitors through a face-to-face interview in two main islands: Perhentian Besar and Perhentian Kecil. Several models including Multinomial Logit (MNL) and Mixed Logit (ML) models for each part of the study have been estimated. The results infer that the visitors of PIMP are aware of the sensitivity of the main marine resources and the respondents’ intention to improve its status. Based on estimated models, the greatest visitors’ preference for different attribute levels in part one with RM38.9 was for water quality improvement from status quo to 5%. As well, the next marginal value in this part was for coral cover improvement from status quo to 5% with RM30.7. Similar marginal rate of substitutions (MRS) for part two was for management, relative to water quality with RM109.5 for improvement from status quo to level 1 and next amount was related to fish species management for improvement from status quo to level 1 with RM68.6. Economic valuation is a procedure to identify and quantify the major benefits which are available by marine Park as environmental goods. Thus, the results of this study as an economic valuation provide invaluable support for conservation efforts in the direction of maintenance biodiversity conservation. The benefits of Marine Park for society via Marginal Rate of Substitution could encourage policy makers. Meanwhile, the profile of respondents and their perceptions will be useful to assists all stakeholders in their future management and development plans in Marine Park sites in Malaysia and similar case in South East Asia. Budget, aims of the study, and lack of reliable and available information due to being a more or less new phase regarding CM technique, may create some limitation in this study. Hence, in order filling gaps, inclusion users and non-users of PIMP as unit of sample in CM technique for future economic valuation studies through zoning plan is suggested. Marine resources conservation - Malaysia - Perhentian Island Marine Park (Terengganu) Marine resources conservation Ecotourism - Economic aspects - Malaysia - Perhentian Island Marine Park (Terengganu) 2014-03 Thesis http://psasir.upm.edu.my/id/eprint/70217/ http://psasir.upm.edu.my/id/eprint/70217/1/FEP%202014%2030%20-%20IR.pdf text en public doctoral Universiti Putra Malaysia Marine resources conservation - Malaysia - Perhentian Island Marine Park (Terengganu) Marine resources conservation Ecotourism - Economic aspects - Malaysia - Perhentian Island Marine Park (Terengganu) |
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Marine resources conservation - Malaysia - Perhentian Island Marine Park (Terengganu) Marine resources conservation Ecotourism - Economic aspects - Malaysia - Perhentian Island Marine Park (Terengganu) |
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Marine resources conservation - Malaysia - Perhentian Island Marine Park (Terengganu) Marine resources conservation Ecotourism - Economic aspects - Malaysia - Perhentian Island Marine Park (Terengganu) Arabamiry, Seddigheh Visitors’ economic valuation of the attributes of marine resource conservation and management in the Perhentian Marine Park, Malaysia |
| description |
East coast of Peninsular Malaysia is rich in marine biodiversity, and the only habitat
for few and rare species of marine life. Perhentian Island Marine Park (PIMP) is
located in Terengganu state. It is a popular marine park among Malaysia
international tourists (64.28% in 2012). It seems that ecological attributes which are
as variables in this study, are not in acceptable situation. For instance, coral cover in
PIMP is in fair condition (32.8%).
Underestimated non-market values of marine ecosystem can cause excessive
depletion and the less conservation of these environmental goods in the process of
development decisions. Therefore, in such studies, one of the most useful
instruments to express the value of unique marine ecosystems like PIMP for decision
maker is estimating the economic benefits (e.g. conservation or/and recreation) of
PIMP.
This study is aimed to estimate the economic values of ecological function and
relevant management process that the visitors of PIMP held for them (e.g. PIMP
visitors’ willingness to pay and Marginal Rate of Substitution of attributes) by
applying choice modelling method of stated preference techniques. Cochran’s
formula in which population size is assumed last year visitors of PIMP (2012), was
employed to estimate sample size; therefore the total collected data consist of 380
Questionnaires which have been completed by visitors through a face-to-face
interview in two main islands: Perhentian Besar and Perhentian Kecil.
Several models including Multinomial Logit (MNL) and Mixed Logit (ML) models
for each part of the study have been estimated. The results infer that the visitors of
PIMP are aware of the sensitivity of the main marine resources and the respondents’
intention to improve its status. Based on estimated models, the greatest visitors’
preference for different attribute levels in part one with RM38.9 was for water
quality improvement from status quo to 5%. As well, the next marginal value in this
part was for coral cover improvement from status quo to 5% with RM30.7. Similar
marginal rate of substitutions (MRS) for part two was for management, relative to water quality with RM109.5 for improvement from status quo to level 1 and next
amount was related to fish species management for improvement from status quo to
level 1 with RM68.6.
Economic valuation is a procedure to identify and quantify the major benefits which
are available by marine Park as environmental goods. Thus, the results of this study
as an economic valuation provide invaluable support for conservation efforts in the
direction of maintenance biodiversity conservation. The benefits of Marine Park for
society via Marginal Rate of Substitution could encourage policy makers.
Meanwhile, the profile of respondents and their perceptions will be useful to assists
all stakeholders in their future management and development plans in Marine Park
sites in Malaysia and similar case in South East Asia.
Budget, aims of the study, and lack of reliable and available information due to being
a more or less new phase regarding CM technique, may create some limitation in this
study. Hence, in order filling gaps, inclusion users and non-users of PIMP as unit of
sample in CM technique for future economic valuation studies through zoning plan
is suggested. |
| format |
Thesis |
| qualification_level |
Doctorate |
| author |
Arabamiry, Seddigheh |
| author_facet |
Arabamiry, Seddigheh |
| author_sort |
Arabamiry, Seddigheh |
| title |
Visitors’ economic valuation of the attributes of marine resource conservation and management in the Perhentian Marine Park, Malaysia |
| title_short |
Visitors’ economic valuation of the attributes of marine resource conservation and management in the Perhentian Marine Park, Malaysia |
| title_full |
Visitors’ economic valuation of the attributes of marine resource conservation and management in the Perhentian Marine Park, Malaysia |
| title_fullStr |
Visitors’ economic valuation of the attributes of marine resource conservation and management in the Perhentian Marine Park, Malaysia |
| title_full_unstemmed |
Visitors’ economic valuation of the attributes of marine resource conservation and management in the Perhentian Marine Park, Malaysia |
| title_sort |
visitors’ economic valuation of the attributes of marine resource conservation and management in the perhentian marine park, malaysia |
| granting_institution |
Universiti Putra Malaysia |
| publishDate |
2014 |
| url |
http://psasir.upm.edu.my/id/eprint/70217/1/FEP%202014%2030%20-%20IR.pdf |
| _version_ |
1747812786653626368 |