Recreational valuation of the coral diving activities at Similan island national park in Thailand
Kitipop Phewmau ()
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Kitipop Phewmau: Chiang Mai University
The Empirical Econometrics and Quantitative Economics Letters, 2013, vol. 2, issue 1, 79-86
Abstract:
The objective of this study was to evaluate the recreational value of the coral diving activity at Similan Island National Park, Phang Nga Province. The study tool was the Individual Travel Cost Method (ITCM). The study results revealed that most of the samples, who were visitors diving to see coral reefs at Similan Island National Park, Phang Nga Province, were male, single, aged 21 – 30 years, had a bachelor’s degree, had 4-7 family members, and had income between 10,001 – 30,000 Baht per month. Most of them were students, followed by traders and business owners, respectively. Most tourists diving to visit coral reefs were not members of diving clubs or marine environmental protection clubs. By the Individual Travel Cost Method (ITCM), it was found that the recreational value of Similan Island National Park, excluding the opportunity cost, was at 26,640 Baht per person per time, a total of 1,293.42 Million Baht per annum
Keywords: Travel; Cost; Method (search for similar items in EconPapers)
JEL-codes: O13 Q42 Q43 (search for similar items in EconPapers)
Date: 2013
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Citations: View citations in EconPapers (2)
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Persistent link: https://EconPapers.repec.org/RePEc:chi:journl:v:2:y:2013:i:1:p:79-86
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