Estimating the outdoor recreational value of Shabil hot spring using the Contingent Valuation Method (CVM)
Subject Areas : environmental managementAida Siahie Sarabi 1 , Azadeh Falsafian 2 , Nader Habibzadeh 3
1 - M.Sc. of Agricultural Management, Department of Agricultural Management, Extension and Education, Tabriz Branch, Islamic Azad University, Tabriz, Iran
2 - Assistant Professor, Department of Agricultural Management, Extension and Education, Tabriz Branch, Islamic Azad University, Tabriz, Iran* (Corresponding Author)
3 - Assistant Professor, Department of Environmental Science, Tabriz Branch, Islamic Azad University, Tabriz, Iran
Keywords: Outdoor recreational value, Contingent Valuation Method (C, Shabil hot water,
Abstract :
Background and Objective: Shabil hot spring, located in Meshkin district of Ardabil province, has numerous attraction properties that give it a distinctive rank among the recreational areas of Ardabil. Estimating the outdoor recreational value of this area is more important and allows decision makers to better realize the environmental values and enables them to devise appropriate development programs for ecotourism. This study was carried out to survey the outdoor recreational value of Shabil hot spring. Method: To achieve the objectives of the study, the contingent valuation method is applied. Moreover, Logit model with maximum likelihood was used to determine the variables that affect willingness to pay of individuals. The primary data was collected by 384 questionnaires which have been completed by visitors of Shabil hot spring. The offered amount of willingness to pay was designed by single bounded dichotomous choice. Findings: The per capita average of willingness to pay was estimated to be about 36,800 Rials and the outdoor recreational value of the spring was calculated as 10,303,748,000 Rials. Discussion and Conclusion: It is expected that increasing the income and providing the public welfare facilities are important factors to enhance willingness to pay based on the significance of income in the estimated model and the information acquired from the visitors.
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- Pajooyan, j. & Falihi, N., 2008. Economic value of recreational services of biological resources: Anzali wetland, Economic research, 28: 147-171 (In Persian).
- Mahmmodi, N., Shirzadi Laskokelaieh, S. & Sabohie Sabooni, M., 2010. Recreational value estimation of Anzali wetland using contingent valuation method. Journal of Environmental Studies, 54: 51-58 (In Persian).
- Turner, R.K., Piers, D., & Batman, I., 1994. Environment Economic. Ferdosi Mashhad University Publication, Khorasan, Iran, Pp 267.
- Hayati, B., Ehsanie, M., Ghahramanzadeh, M., Rahelie, H. & Tagizadeh, M., 2010. Factors affecting the willingness to pay of visitors to the Elgoli park and Mashroteh parks in Tabriz using the Hackman's Two-step Method, Journal of Agricultural Economics and Development, 24: 91-98 (In Persian).
- Khadem-Baldipour, T., 2011. Determining the recreational value and the factors affecting the willingness to pay of visitors in GoriGol wetland. M.Sc. thesis. Tabriz University, department of ariculture management, Pp. 92 (In Persian).
- Hashemnejad, H., Faizie, M., & Seddigh, M., 2011. Determination of the recreational value of the forest Park of Noor in mazandaran using conditional valuation (CV) method. Journal of environmnetal studies, 57: 129-136 (In Persian).
- Molaie, M., 2009. Economic and Environmental Valuation of Arasbaran Forest Ecosystem. Ph.D. thesis. Tehran University, Faculty of agricultural economic and development (In Persian).
- Maille, p., & Mendelson, R., 1991. Valuing Ecotourism in Madagascar, Newhaven: Yale school of forestry, mimeo.
- Sattout,E.J.,Talhouk, S.N.,& Caligari, P.D.S.,2007. Economic value of cedar relics in Lebanon:Anapplicationofcontingentvaluationmethodfor conservation, Pp: 315-322.
- Lee, C & Han, S., 2002. Estimating the use and preservation values of national parks tourism resources using a contingent valuation method, Tourism Management, 23: 531-540.
- Ciriacy-Wanterup, 1947. Capital returns from soil conservation practices. Journal of Farm Economics, 29: 1180 - 1190.
- Davis, R.K., 1963. The Value of Outdoor Recreation: an Economic Study of The marine Woods, Ph.D. Dissertation of Economics, Harvard University.
- Amirnejad, H., Khalilyan, S., & Asareh, M., 2006. The preservation and use values determination of Sisangan Forest Park, Nowshahr using individual’s willingness-to-pay. Pajouhesh and Sazandegi, 72: 15-24 (In Persian).
- Haneman,W.M., 1984. Welfare evaluation in contingent valuation experiments with discrete responses. American Journal of Agricultural Economics, 71: 332 - 341.
- Greene, W.H., 2002. Econometric Analysis, Fifth edition, Prentice Hall.
- Judge, G.G., Hill, R.C., Griffithes, W.E., Lukepohl, H. & Lee, T.C., 1988.The theory and practice of econometrics, 2nd edition, Wiley, New York. USA.
- Maddala, G.S., 1983. Limited dependent qualitative variable in economics. New York, Cambridge University Press.
- Deshazo, J.R., & Fermo, G., 1993. Designing choice sets for stated preference methods: the effects of complexion choice consistency. Journal of Environmental Economic Management, 44:123-143.
- Boyle, K.J., Welsh, M.P., & Bishop, R.C., 1988. Validation of empirical measures of welfare change: comment, Land Economics, 64(1):94-98.