Investigating Household Preferences for Restoring Pallikaranai Marsh

Suganya Balakumar () and Sukanya Das ()
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Suganya Balakumar: Madras School of Economics

Working Papers from Madras School of Economics,Chennai,India

Abstract: The study examines households’ willingness to pay for the conservation of Pallinkaranai marsh located in the south of Chennai, Tamil Nadu. A stated preference method, namely, Contingent Valuation method (CVM) over 213 households has been employed. The results reveal that farmers are willing to pay for the restoration of the marsh which provides higher level of water quality, recreational benefit and restorartion of flora and fauna.

Keywords: Pallinkaranai; Contingent valuation; Chennai; bivariate probit regression (search for similar items in EconPapers)
JEL-codes: C83 Q26 Q51 (search for similar items in EconPapers)
Pages: 38 pages
Date: 2015-10
New Economics Papers: this item is included in nep-agr, nep-dcm and nep-env
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Persistent link: https://EconPapers.repec.org/RePEc:mad:wpaper:2015-126

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