You are here

Willingness to pay for biological diversity conservation of the Lower Mekong River Basin in Thailand: A contingent valuation study.

TitleWillingness to pay for biological diversity conservation of the Lower Mekong River Basin in Thailand: A contingent valuation study.
Publication TypeJournal Article
Year of Publication2561
Authorsศักดิ์ศรี รักไทย
JournalSongklanakarin Journal of Science & Technology
Volume40
Issue3
Pagination570-576
Date PublishedJune 2018
Type of Articleบทความวิจัย
ISSN0125-3395
Accession Number130508195
Keywordscontingent valuation method, the Lower Mekong River Basin, willingness to pay
Abstract

The objective of this research was to analyze the willingness to pay for biological diversity conservation of the Lower Mekong River Basin (LMRB) in Thailand. Questionnaires were collected from 763 households in 8 provinces located alongside the river including Chiang Rai, Nong Khai, Loei, Bueng Kan, Nakhon Phanom, Mukdahan, Ubon Thani, and Amnart Charoen. The data were analyzed from the responses to the single-bounded closed-ended contingent valuation method questions and analyzed further using the non-parametric and logistic regression models. The results showed that the willingness to pay for biodiversity conservation by means of the non-parametric model was Baht 143.39 per year per household (US$ 3.99) and the total benefits were Baht 5,515,684.68 per year (US$ 153,471.38). This finding also revealed that the positive correlation of a household's willingness to pay include age (Beta = 0.08, sig = 0.001) and level of education (Beta = 1.130, sig = 0.009).

URLhttp://eds.b.ebscohost.com/eds/detail/detail?vid=0&sid=a3d32f07-daed-4ff5-a45f-58900814b86b%40pdc-v-sessmgr06&bdata=JnNpdGU9ZWRzLWxpdmU%3d#db=a9h&AN=130508195