The Total Economic Value of Sport Tourism in Belt and Road Development—An Environmental Perspective

Chun-Chu Yeh, Cheng-Shen Lin and Chin-Huang Huang
Additional contact information
Chun-Chu Yeh: Department of Tourism and Hospitality, Transworld University, No.1221, Zhennan Rd., Douliu City, Yunlin County 640, Taiwan
Cheng-Shen Lin: Department of Finance, Mingdao University, No. 369, Wen-Hua Rd. Peetow, ChangHua 523, Taiwan
Chin-Huang Huang: Department of Sport Management, National Taiwan University of Sport, No. 16, Section 1, Shuang-Shih Road, Taichung 404, Taiwan

Sustainability, 2018, vol. 10, issue 4, 1-14

Abstract: The development of the belt and road region leads cities to significantly increase the amount of public expenditure on the new construction of facilities and infrastructure. Mass construction not only relies on many environmental resources, but might also destroy the local natural environment. In order to reveal the importance of the natural environment, this study explores the economic value of the natural landscape for sport tourism in Taiwan. While the concept of total economic value (TEV) is applied to the Sun–Moon Lake Swimming Carnival Event, the travel cost method (TCM) is adopted to estimate the use value for participants, and the double-bounded dichotomous contingent valuation method (CVM) and survival analysis are performed to evaluate the non-use value for the residents. The use value is on average NT$ 5668 for one participant. The median willingness to pay for the option value, existence value and bequest value of every resident is NT$433, NT$411 and NT$274, respectively.

Keywords: sport tourism; total economic value; travel cost method; contingent valuation method (search for similar items in EconPapers)
JEL-codes: O13 Q Q0 Q2 Q3 Q5 Q56 (search for similar items in EconPapers)
Date: 2018
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3)

Downloads: (external link)
https://www.mdpi.com/2071-1050/10/4/1191/pdf (application/pdf)
https://www.mdpi.com/2071-1050/10/4/1191/ (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:gam:jsusta:v:10:y:2018:i:4:p:1191-:d:141164

Access Statistics for this article

Sustainability is currently edited by Ms. Alexandra Wu

More articles in Sustainability from MDPI
Bibliographic data for series maintained by MDPI Indexing Manager ().