Recreational economic value of the Perlis State Park, Malaysia: an application of zonal travel cost model

Perlis State Park is known for recreational activities. Since there is no significant income from timber production for the state of Perlis, outdoor recreation provides the alternative source of income. Since managing a state park costs substantially, assessment of recreational uses justifies the in...

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Main Authors: Mohammad Afandi, Syamsul Herman, Shuib, Ahmad, Sridar, Ramachandran, Yacob, Mohd Rusli
Format: Article
Language:English
Published: Universiti Putra Malaysia Press 2013
Online Access:http://psasir.upm.edu.my/id/eprint/33571/
http://psasir.upm.edu.my/id/eprint/33571/1/23.%20Recreational%20Economic%20Value%20of%20the%20Perlis%20State%20Park%2C%20Malaysia.pdf
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author Mohammad Afandi, Syamsul Herman
Shuib, Ahmad
Sridar, Ramachandran
Yacob, Mohd Rusli
author_facet Mohammad Afandi, Syamsul Herman
Shuib, Ahmad
Sridar, Ramachandran
Yacob, Mohd Rusli
author_sort Mohammad Afandi, Syamsul Herman
building UPM Institutional Repository
collection Online Access
description Perlis State Park is known for recreational activities. Since there is no significant income from timber production for the state of Perlis, outdoor recreation provides the alternative source of income. Since managing a state park costs substantially, assessment of recreational uses justifies the initial cost. This paper, using the semi-aggregated travel cost method, estimates the recreational value of Perlis State Park for Malaysian domestic visitors. The recreational value of the park is estimated at RM5,340,642.48. The value derived from the study contributes to the stakeholders` assessment of the intangible value of the park to justify the ecotourism developmental cost. The valuation of the recreational activities in public parks reveals the non-market economic value of the park under certain type of management. This paper also emphasises on the importance of maintaining visitor arrivals as a means to sustain the recreational value.
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spelling upm-335712015-11-25T08:18:40Z http://psasir.upm.edu.my/id/eprint/33571/ Recreational economic value of the Perlis State Park, Malaysia: an application of zonal travel cost model Mohammad Afandi, Syamsul Herman Shuib, Ahmad Sridar, Ramachandran Yacob, Mohd Rusli Perlis State Park is known for recreational activities. Since there is no significant income from timber production for the state of Perlis, outdoor recreation provides the alternative source of income. Since managing a state park costs substantially, assessment of recreational uses justifies the initial cost. This paper, using the semi-aggregated travel cost method, estimates the recreational value of Perlis State Park for Malaysian domestic visitors. The recreational value of the park is estimated at RM5,340,642.48. The value derived from the study contributes to the stakeholders` assessment of the intangible value of the park to justify the ecotourism developmental cost. The valuation of the recreational activities in public parks reveals the non-market economic value of the park under certain type of management. This paper also emphasises on the importance of maintaining visitor arrivals as a means to sustain the recreational value. Universiti Putra Malaysia Press 2013 Article PeerReviewed application/pdf en http://psasir.upm.edu.my/id/eprint/33571/1/23.%20Recreational%20Economic%20Value%20of%20the%20Perlis%20State%20Park%2C%20Malaysia.pdf Mohammad Afandi, Syamsul Herman and Shuib, Ahmad and Sridar, Ramachandran and Yacob, Mohd Rusli (2013) Recreational economic value of the Perlis State Park, Malaysia: an application of zonal travel cost model. Pertanika Journal of Tropical Agricultural Science, 36 (S). pp. 295-310. ISSN 1511-3701; ESSN: 2231-8542 http://www.pertanika.upm.edu.my/Pertanika%20PAPERS/JTAS%20Vol.%2036%20(S)%20Dec.%202013/25%20Page%20295-310%20(JTAS%200480-2012).pdf
spellingShingle Mohammad Afandi, Syamsul Herman
Shuib, Ahmad
Sridar, Ramachandran
Yacob, Mohd Rusli
Recreational economic value of the Perlis State Park, Malaysia: an application of zonal travel cost model
title Recreational economic value of the Perlis State Park, Malaysia: an application of zonal travel cost model
title_full Recreational economic value of the Perlis State Park, Malaysia: an application of zonal travel cost model
title_fullStr Recreational economic value of the Perlis State Park, Malaysia: an application of zonal travel cost model
title_full_unstemmed Recreational economic value of the Perlis State Park, Malaysia: an application of zonal travel cost model
title_short Recreational economic value of the Perlis State Park, Malaysia: an application of zonal travel cost model
title_sort recreational economic value of the perlis state park, malaysia: an application of zonal travel cost model
url http://psasir.upm.edu.my/id/eprint/33571/
http://psasir.upm.edu.my/id/eprint/33571/
http://psasir.upm.edu.my/id/eprint/33571/1/23.%20Recreational%20Economic%20Value%20of%20the%20Perlis%20State%20Park%2C%20Malaysia.pdf