This study attempts to analyze determinants of preservation value of Nour Forest Park and to measure individual’s willingness to pay for preservation of the concern park based on contingent valuation method and double-bounded dichotomous choice questionnaire. The logit model and its parameters are used to investigate the effect of explanatory variables on individual’s willingness to pay by. The results show that 70 per cent of respondents are willing to pay RLs 12646 per household monthly (i.e. RLs 151752 annually) for preservation of Nour Forest Park. And, the preservation annual value are estimated RLs/ha 229707314. The results revealed that forest parks had considerable preservation value and this may help the programmers and managers of executive, social and economic in the preservation planning and sustainable utilization of natural resources.
Nakhaei, N., Mortazavi, S. A., Amirnejad, H., & Navazi, M. A. (2010). Estimating preservation value of Nour forest park using a contingent valuation method. Agricultural Economics, 4(1), 171-189.
MLA
Najmeh Nakhaei; Seyed Abolghasem Mortazavi; Hamid Amirnejad; Mohammad Ali Navazi. "Estimating preservation value of Nour forest park using a contingent valuation method". Agricultural Economics, 4, 1, 2010, 171-189.
HARVARD
Nakhaei, N., Mortazavi, S. A., Amirnejad, H., Navazi, M. A. (2010). 'Estimating preservation value of Nour forest park using a contingent valuation method', Agricultural Economics, 4(1), pp. 171-189.
VANCOUVER
Nakhaei, N., Mortazavi, S. A., Amirnejad, H., Navazi, M. A. Estimating preservation value of Nour forest park using a contingent valuation method. Agricultural Economics, 2010; 4(1): 171-189.
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