Estimating the Outdoor Recreational Value of Chitgar Forestial Park of Tehran with the Use of Contingent Valuation Method (CV)

Majid Kholuzini Sharahi, Mohamad Hosein Mohamadi and Azam Abedini
Additional contact information
Majid Kholuzini Sharahi: University of Allame Tabataei, Tehran
Mohamad Hosein Mohamadi: University of Ashrafi Isfahani, Isfahan
Azam Abedini: University of Allame Tabataei, Tehran

Journal of Economic Development, Environment and People, 2015, vol. 4, issue 4, 64-75

Abstract: Among issues related to the environment, one of the most important issues is pricing the environment. In the present study, the outdoor recreational value of Chitgar Jungle Park of Tehran and its visitors' willingness to pay per visit (WTP) were estimated by using Contingent Valuation method (CV) and 140 questionnaires based on dichotomous choice. The results revealed that 30 percent of the surveyed people were willing to pay an entrance fee and the mean willingness to pay for each visitor was estimated at 3076 Rials and its total annual recreational value was estimated at 5 billion Rials. Among the effective variables on individuals' visit of this park, recommendation, income, per-visit cost, family size, and visits during a year were 1% significant; park facilities and quality were 5% significant; and the visitors' use of personal vehicles, education, type of house, as well as job were 10% significant.

Keywords: Environment; Contingent Valuation (CV); Willingness to pay; Logit model (search for similar items in EconPapers)
JEL-codes: C25 Q29 Q51 (search for similar items in EconPapers)
Date: 2015
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

Downloads: (external link)
http://jedep.spiruharet.ro/RePEc/sph/rjedep/JEDEP15_6Majid_p62-73.pdf (application/pdf)

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:sph:rjedep:v:4:y:2015:i:3:p:64-75

Access Statistics for this article

Journal of Economic Development, Environment and People is currently edited by Manuela Epure

More articles in Journal of Economic Development, Environment and People from Alliance of Central-Eastern European Universities
Bibliographic data for series maintained by Rocsana Bucea-Manea-Tonis ().