An Economic Valuation of Coastal Ecosystems in Phang Nga Bay, Thailand
รหัสดีโอไอ
Creator Udomsak Seenprachawong
Title An Economic Valuation of Coastal Ecosystems in Phang Nga Bay, Thailand
Publisher School of Development Economic
Publication Year 2551
Journal Title Development Economic Review
Journal Vol. 3
Journal No. 2
Page no. 27
Keyword Economic valuation, Willingness to pay, Coastal ecosystem, Phang Nga Bay
ISSN 1906-2540
Abstract This study assessed the value placed on changes to the Bay's ecosystems by Thais so that these values can be taken into consideration when decisions are made on the expansion of environmentally damaging commercial activities. The welfare estimates of improving the Bay's ecosystem showed that diversity of flora and fauna, which provides recreational and tourism benefits, is the most important attribute of the Bay. Local livelihood and ecological functions are equally important attributes while the rare and endangered species attribute is the least important.
DEVELOPMENT ECONOMIC REVIEW

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