A proposed of ecosystem valuation approach for river using Contingent Valuation

Muhammad Najib Razali, Muaz Muzir, Muhammad Yusaimi Hamid and Rohaya Abdul Jalil

ERES from European Real Estate Society (ERES)

Abstract: This study attempts to propose ecosystem valuation approach for river by using contingent valuation. This study offers a thorough yet straightforward and useful framework for valuing ecosystem products and services. In addition, this study provides a survey based on contingent valuation methodology for estimating the non-use benefits of Malaysia's Johor River's improvement in ecosystem services. As far as the literature review is concerned this will be the first study of such kind in Malaysia. This study is also unique because it will utilise the freely available satellite data and advanced image classification technique of deep learning to classify different land use types. This study combineD economic valuation of ecosystem services to better highlight the importance of ecosystem services. The study findings on spatial and temporal distribution of ecosystem services can help guide future land-use policy i.e development of appropriate land use options and water resources management to enhance ecosystem services.

Keywords: Contingent Valuation; ecosystem; Malaysia; River (search for similar items in EconPapers)
JEL-codes: R3 (search for similar items in EconPapers)
Date: 2023-01-01
New Economics Papers: this item is included in nep-env and nep-sea
References: Add references at CitEc
Citations:

Downloads: (external link)
https://eres.architexturez.net/doc/oai-eres-id-eres2023-25 (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:arz:wpaper:eres2023_25

Access Statistics for this paper

More papers in ERES from European Real Estate Society (ERES) Contact information at EDIRC.
Bibliographic data for series maintained by Architexturez Imprints ().