Willingness to pay for protecting natural environments in Pulau Redang Marine Park, Malaysia
Although marine parks, national parks, wildlife sanctuaries and reserves are established to conserve biodiversity and enhance ecotourism, some of the country’s protected areas are under threat whether at varying degree. The biggest threat arises from human encroachment. To rescue these resources, ap...
| Main Authors: | , , , , |
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| Format: | Article |
| Language: | English |
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Academic Journals
2013
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| Online Access: | http://psasir.upm.edu.my/id/eprint/28386/ http://psasir.upm.edu.my/id/eprint/28386/1/28386.pdf |
| _version_ | 1848846102780968960 |
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| author | Mamat, Mohd Parid Yacob, Mohd Rusli Radam, Alias Abd. Ghani, Awang Noor Lim, Hin Fui |
| author_facet | Mamat, Mohd Parid Yacob, Mohd Rusli Radam, Alias Abd. Ghani, Awang Noor Lim, Hin Fui |
| author_sort | Mamat, Mohd Parid |
| building | UPM Institutional Repository |
| collection | Online Access |
| description | Although marine parks, national parks, wildlife sanctuaries and reserves are established to conserve biodiversity and enhance ecotourism, some of the country’s protected areas are under threat whether at varying degree. The biggest threat arises from human encroachment. To rescue these resources, appropriate conservation strategy must be put in place. This requires proper valuation of the environment. Taking Pulau Redang Marine Park (PRMP) as a case, information on people’s willingness to pay (WTP) to protect the environment was gathered. Using the dichotomous-choice contingent-valuation method (CVM), it was found that the recreationists are willing to protect the park. The study
showed that the average WTP ranged between RM 10.86 and RM 28.69 that could contribute between RM 1.65 million and RM 4.36 million in aggregate for the year 2008. |
| first_indexed | 2025-11-15T08:57:23Z |
| format | Article |
| id | upm-28386 |
| institution | Universiti Putra Malaysia |
| institution_category | Local University |
| language | English |
| last_indexed | 2025-11-15T08:57:23Z |
| publishDate | 2013 |
| publisher | Academic Journals |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | upm-283862017-11-16T03:37:48Z http://psasir.upm.edu.my/id/eprint/28386/ Willingness to pay for protecting natural environments in Pulau Redang Marine Park, Malaysia Mamat, Mohd Parid Yacob, Mohd Rusli Radam, Alias Abd. Ghani, Awang Noor Lim, Hin Fui Although marine parks, national parks, wildlife sanctuaries and reserves are established to conserve biodiversity and enhance ecotourism, some of the country’s protected areas are under threat whether at varying degree. The biggest threat arises from human encroachment. To rescue these resources, appropriate conservation strategy must be put in place. This requires proper valuation of the environment. Taking Pulau Redang Marine Park (PRMP) as a case, information on people’s willingness to pay (WTP) to protect the environment was gathered. Using the dichotomous-choice contingent-valuation method (CVM), it was found that the recreationists are willing to protect the park. The study showed that the average WTP ranged between RM 10.86 and RM 28.69 that could contribute between RM 1.65 million and RM 4.36 million in aggregate for the year 2008. Academic Journals 2013 Article PeerReviewed application/pdf en http://psasir.upm.edu.my/id/eprint/28386/1/28386.pdf Mamat, Mohd Parid and Yacob, Mohd Rusli and Radam, Alias and Abd. Ghani, Awang Noor and Lim, Hin Fui (2013) Willingness to pay for protecting natural environments in Pulau Redang Marine Park, Malaysia. African Journal of Business Management, 7 (25). art. no. 0B8497137742. pp. 2420-2426. ISSN 1993-8233 http://www.academicjournals.org/journal/AJBM/article-abstract/0B8497137742 |
| spellingShingle | Mamat, Mohd Parid Yacob, Mohd Rusli Radam, Alias Abd. Ghani, Awang Noor Lim, Hin Fui Willingness to pay for protecting natural environments in Pulau Redang Marine Park, Malaysia |
| title | Willingness to pay for protecting natural environments in Pulau Redang Marine Park, Malaysia |
| title_full | Willingness to pay for protecting natural environments in Pulau Redang Marine Park, Malaysia |
| title_fullStr | Willingness to pay for protecting natural environments in Pulau Redang Marine Park, Malaysia |
| title_full_unstemmed | Willingness to pay for protecting natural environments in Pulau Redang Marine Park, Malaysia |
| title_short | Willingness to pay for protecting natural environments in Pulau Redang Marine Park, Malaysia |
| title_sort | willingness to pay for protecting natural environments in pulau redang marine park, malaysia |
| url | http://psasir.upm.edu.my/id/eprint/28386/ http://psasir.upm.edu.my/id/eprint/28386/ http://psasir.upm.edu.my/id/eprint/28386/1/28386.pdf |