Who pays more to preserve a natural reserve, visitors or locals? A confidence analysis of a contingent valuation application

Dani Aoun ()

Environmental Economics and Policy Studies, 2015, vol. 17, issue 4, 486 pages

Abstract: Because of the current trend in nature degradation, protected areas are gaining importance. Ehden reserve in Lebanon is one such example, a reserve providing shelter to a substantial number of endangered species. This paper was designed to have three main objectives which are firstly to measure respondents’ willingness to pay (WTP) to preserve the protected area, drawing a distinction between visitors and residents to ascertain whether there are any appreciable differences and why these might arise; Secondly, to identify the best ways to collect local funds; Thirdly, to investigate further studies and to inform decision makers about the importance of a long-term conservation and sustainable program. Using an open ended questionnaire, contingent valuation method is applied to obtain the WTP. The WTP is then tested by using a stepwise multiple regression model relating WTP to all socio demographic variables. Finally the problems of hypothetical bias are explored. Copyright Society for Environmental Economics and Policy Studies and Springer Japan 2015

Keywords: Contingent valuation method; Environmental economics; Natural reserves; Protected areas; Q57; Q58 (search for similar items in EconPapers)
Date: 2015
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DOI: 10.1007/s10018-014-0095-9

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