Estimating the recreational value for the sustainability of Hingol National Park in Pakistan

Ali Chakir and Irfan Muhammad ()
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Ali Chakir: Pakistan Institute of Development Economics, Quaid-i-Azam University Campus, Islamabad, Pakistan
Irfan Muhammad: Department of Economics, COMSATS University Islamabad (CUI) Park road, Islamabad, Pakistan

Environmental & Socio-economic Studies, 2021, vol. 9, issue 2, 52-62

Abstract: Hingol National Park (HNP), in Baluchistan, Pakistan, is rich in biodiversity and has a variety of eco-services and marine eco-services. It has dune and mountain habitats that provide a significant environment for wildlife, including amphibians, dolphins, green marine turtles, and migratory birds, but the number of species is declining. HNP faces many problems such as unregulated tourism and lack of a budget to protect and conserve precious wildlife. The study used a negative binomial regression model and a zero-truncated regression model to estimate the visitors’ travel demand and recreational value of the National Park by collecting a sample of 210 respondents.. The study estimated a consumer surplus of USD 270 per person per visit and thus a total annual recreational value of the park at USD 35.11 million. Since the elasticity of demand is low, the study suggests the imposition of an entrance fee of USD 0.86 (PKR 100) that would generate an annual revenue of USD 113,000. It is recommended that both provisional and federal governments should take the necessary steps to maintain and promote heritage tourism in the region by reshaping the national parks for the protection of scarce natural resources and the protection of biodiversity.

Keywords: recreational value; Travel Cost Method; negative binomial regression; consumer surplus; sustainability (search for similar items in EconPapers)
Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:vrs:enviro:v:9:y:2021:i:2:p:52-62:n:7

DOI: 10.2478/environ-2021-0010

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