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An Economic Valuation of Coastal Ecosystems in Phang Nga Bay, Thailand |
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| 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. |