Valuing mangrove conservation attributes in Red River Delta, Vietnam: a choice experiment approach

Thanh Nguyen, Michel Simioni () and Hung Trung Vo
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Michel Simioni: UMR MoISA - Montpellier Interdisciplinary center on Sustainable Agri-food systems (Social and nutritional sciences) - Cirad - Centre de Coopération Internationale en Recherche Agronomique pour le Développement - IRD - Institut de Recherche pour le Développement - CIHEAM-IAMM - Centre International de Hautes Etudes Agronomiques Méditerranéennes - Institut Agronomique Méditerranéen de Montpellier - CIHEAM - Centre International de Hautes Études Agronomiques Méditerranéennes - INRAE - Institut National de Recherche pour l’Agriculture, l’Alimentation et l’Environnement - Institut Agro Montpellier - Institut Agro - Institut national d'enseignement supérieur pour l'agriculture, l'alimentation et l'environnement
Hung Trung Vo: Thu Dau Mot University - Partenaires INRAE

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Abstract: The study aims at valuing mangrove ecosystem services in Xuan Thuy National Park, Red River Delta, Vietnam. A discrete choice experiment was employed to elicit household willingness to pay (WTP) for a community project to protect mangroves against climate change. A conditional logit model and a random parameter logit model were estimated to identify the relationships between WTP and the different attributes of the mangrove conservation project. The results suggested that local households exhibited strong preferences for mangrove coverage area and storm prevention capacity whereas biodiversity benefits were not greatly perceived by most respondents. High level of heterogeneity in household preferences was found for the high mangrove coverage, and high management level of biodiversity. Furthermore, marginal household WTPs were computed given a change in each attribute level. Hence, the findings will aid in the development of a comprehensive payment for mangrove preservation policy in Vietnam.

Keywords: Mangrove preservation; Environmental services valuation; Discrete choice experiment; Xuan Thuy National Park; Vietnam (search for similar items in EconPapers)
Date: 2022
New Economics Papers: this item is included in nep-agr, nep-dcm, nep-env and nep-sea
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Published in Marine Resource Economics, 2022, 37 (3), pp.1-30. ⟨10.1086/720468⟩

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Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-03708264

DOI: 10.1086/720468

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