Economic valuation of the non-use attributes of a south-western coastal wetland in Bangladesh

Prosun Kumar Ghosh and M. Shahjahan Mondal

Journal of Environmental Planning and Management, 2013, vol. 56, issue 9, 1403-1418

Abstract: Being located in the south-western hydrological region of Bangladesh, Chanda Beel, a coastal freshwater wetland, is threatened by over-exploitation of resources. Therefore, this study made an attempt to estimate the non-use values of the wetland to realise its hidden values. The study used the contingent valuation method (CVM) method to place a value on the non-use attributes of the wetland and the results show that the non-use value is approximately US$ 0.48 million annually. The effects of socio-economic factors on willingness to pay (WTP) were also examined. Finally, the paper concludes that the estimated non-use values need to be incorporated for a better management of the wetland resources.

Date: 2013
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DOI: 10.1080/09640568.2012.724667

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