000015349 001__ 15349
000015349 037__ $$a15.0
000015349 041__ $$aEnglish
000015349 100__ $$aMaharana, I.
000015349 100__ $$aRai, S. C.
000015349 100__ $$aSharma, E.
000015349 245__ $$aEnvironmental economics of the Khangchendzonga National Park in the Sikkim Himalaya, India
000015349 260__ $$c2001
000015349 300__ $$a329-337
000015349 507__ $$aEklabya Sharma ICIMOD Staff, ESjar
000015349 520__ $$aA contingent valuation survey was conducted involving local community members, domestic and foreign visitors to estimate the environmental economics of the Khangchendzonga National Park and to elicit their willingness-to-pay (WTP) for its maintenance and conservation. Using a random survey, the average WTP was US 884forforeignvisitorspervisitfollowedbyUS 6.20 per household per year by local community members and US$ 1.91 per domestic visitor per visit for improvement in environmental conservation. The WTP was strongly influenced by age, education and income. The present study demonstrated that the contingent valuation method (CVM) is a promising approach, however it lacks inclusion of non-monetary contributions. The WTP for environmental management by the local communities was mostly in kind or time for services. The CVM can be a useful tool for decision-makers regarding investment and policy purposes for management of biodiversity hot spots and protected areas in developing countries.
000015349 653__ $$acontingent valuation, bidding game, biodiversity, protected areas, conservation
000015349 650__ $$aNatural resource management
000015349 650__ $$aConservation
000015349 773__ $$pGeojournal
000015349 773__ $$v50
000015349 773__ $$n4.0
000015349 773__ $$a10.1023/A:101103281331
000015349 8564_ $$uhttp://lib.icimod.org/record/15349/files/sh15.pdf
000015349 980__ $$aARTICLE