Sustainable management of a marine protected area in Vietnam: An application of visitors’ willingness to pay for conservation in Cu Lao Cham

dc.contributor.authorDang, TDT
dc.contributor.authorHu, Baiding
dc.contributor.authorGan, Christopher
dc.date.accessioned2022-03-11T02:33:47Z
dc.date.available2021-12-28
dc.date.issued2021
dc.date.submitted2021-12-06
dc.date.updated2022-02-17T01:46:39Z
dc.description.abstractAs an important area in terms of biodiversity and fish stocks in Vietnam, Cu Lao Cham or Cham Islands (CLC) marine protected area (MPA) is under increasing threat from human activities. Conservation efforts have recently been implemented but economic analysis of the CLC MPA’s natural values did not investigate what may affect policy decisions on CLC MPA’s sustainable development. Using a structured questionnaire and a payment card technique (based on the contingent valuation method), we estimate visitors’ willingness to pay (WTP) for conservation of marine resources in the CLC MPA. The log-normal regression results indicate that the visitors’ WTP for conservation is affected by their characteristics, perceptions of environmental protection and conservation, and their assessment of the current CLC MPA entrance fee. Visitors are WTP an additional amount of US$2.26 per person for conservation while visiting the CLC MPA. This indicates that with the introduction of the proposed entrance fee (the mean WTP added to the current entrance fee), the CLC MPA management would not only have sufficient funds for their management and conservation programmes, but also that the number of visitors may decline slightly, which would reduce some of the pressure on the environment, natural resources, and coral reefs.
dc.format.extentpp.76-94
dc.identifier.doi10.21463/jmic.2021.10.2.05
dc.identifier.eissn2212-6821
dc.identifier.issn2212-6821
dc.identifier.urihttps://hdl.handle.net/10182/14702
dc.language.isoen
dc.publisherInstitution for Marine and Island Cultures, Mokpo National University, Republic of Korea
dc.relationThe original publication is available from Institution for Marine and Island Cultures, Mokpo National University, Republic of Korea - https://doi.org/10.21463/jmic.2021.10.2.05 - http://dx.doi.org/10.21463/jmic.2021.10.2.05
dc.relation.isPartOfJournal of Marine and Island Cultures
dc.relation.urihttps://doi.org/10.21463/jmic.2021.10.2.05
dc.rights© 2021 Institution for Marine and Island Cultures, Mokpo National University.
dc.rights.ccnameAttribution-NonCommercial-NoDerivatives
dc.rights.ccurihttps://creativecommons.org/licenses/by-nc-nd/4.0/
dc.subjectconservation
dc.subjectCu Lao Cham
dc.subjectentrance fee
dc.subjectmarine protected area
dc.subjectwillingness to pay
dc.subject.anzsrc2020ANZSRC::410401 Conservation and biodiversity
dc.subject.anzsrc2020ANZSRC::310305 Marine and estuarine ecology (incl. marine ichthyology)
dc.subject.anzsrc2020ANZSRC::389902 Ecological economics
dc.subject.anzsrc2020ANZSRC::350610 Pricing (incl. consumer value estimation)
dc.subject.anzsrc2020ANZSRC::350803 Tourism management
dc.subject.anzsrc2020ANZSRC::350804 Tourism marketing
dc.titleSustainable management of a marine protected area in Vietnam: An application of visitors’ willingness to pay for conservation in Cu Lao Cham
dc.typeJournal Article
lu.contributor.unitLincoln University
lu.contributor.unitFaculty of Agribusiness and Commerce
lu.contributor.unitDepartment of Global Value Chains and Trade
lu.contributor.unitDepartment of Financial and Business Systems
lu.identifier.orcid0000-0002-0991-1375
lu.identifier.orcid0000-0002-5618-1651
pubs.issue2
pubs.publication-statusPublished
pubs.publisher-urlhttp://dx.doi.org/10.21463/jmic.2021.10.2.05
pubs.volume10
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