Estimating the Option Value of Ashtamudi Estuary in South India: a contingent valuation approach

P. Anoop and Satrasala Suryaprakash

No 43607, 2008 International Congress, August 26-29, 2008, Ghent, Belgium from European Association of Agricultural Economists

Abstract: Ashtamudi estuary of south India provides many direct and indirect use values to the local community in terms of fishing, coconut husk retting, recreation and inland navigation. Nowadays the estuary is facing many threats like pollution, reclamation, injudicious fishing practices etc. At the same time it is having many potential future uses also. So it is imperative to assess the option value of the estuary to appraise the importance to conserve it. Here a contingent valuation method is applied for the assessment. The high option value of the estuary indicates the urgent need of conserving it for the potential future uses.

Keywords: Resource/Energy; Economics; and; Policy (search for similar items in EconPapers)
Pages: 5
Date: 2008
New Economics Papers: this item is included in nep-cwa and nep-env
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Citations: View citations in EconPapers (3)

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Persistent link: https://EconPapers.repec.org/RePEc:ags:eaae08:43607

DOI: 10.22004/ag.econ.43607

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