Travel cost methodology: estimating entrances fees and recreational values

Chong Siew Kook, . and Chang Yii Tan, . (2010) Travel cost methodology: estimating entrances fees and recreational values. [Proceedings Paper]

Travel cost methods are traditionally used to value non-market goods and services and have been used in valuing parks and forests. Even when an entrance fee is charged it often does not reflect the value of entry because it could be priced too low. In concept the sum of travel cost by all users to the park/forest could be taken to represent its recreational value. At the same time if users could be posed questions of willingness to pay to enter the park entrance fees that better represent consumer surplus could be determined. This paper presents the concept and results of a travel cost survey that was undertaken in mid-2006 for the Penang National Park. It shows the benefits of using this tool to estimate entrance fees and that also estimate the recreational value for the park. This study was supported by a Danish-assisted project called Environmental Planning and Strategy and was executed by the Economic Planning Unit Prime Ministers Department.

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Abstract

Travel cost methods are traditionally used to value non-market goods and services and have been used in valuing parks and forests. Even when an entrance fee is charged it often does not reflect the value of entry because it could be priced too low. In concept the sum of travel cost by all users to the park/forest could be taken to represent its recreational value. At the same time if users could be posed questions of willingness to pay to enter the park entrance fees that better represent consumer surplus could be determined. This paper presents the concept and results of a travel cost survey that was undertaken in mid-2006 for the Penang National Park. It shows the benefits of using this tool to estimate entrance fees and that also estimate the recreational value for the park. This study was supported by a Danish-assisted project called Environmental Planning and Strategy and was executed by the Economic Planning Unit Prime Ministers Department.

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Item Type:	Proceedings Paper
Additional Information:	Available at Perpustakaan Sultan Abdul Samad Universiti Putra Malaysia 43400 UPM Serdang Selangor Malaysia. SD235 M3P466 2009 Call Number
AGROVOC Term:	Travel costs
AGROVOC Term:	Methodology
AGROVOC Term:	Recreational areas
AGROVOC Term:	Utility theory
AGROVOC Term:	Revenue
AGROVOC Term:	Market surveys
AGROVOC Term:	Consumers”Attitudes
AGROVOC Term:	National parks and reserves”Fees
AGROVOC Term:	Malaysia
Geographical Term:	MALAYSIA
Depositing User:	Ms. Suzila Mohamad Kasim
Last Modified:	24 Apr 2025 05:14
URI:	http://webagris.upm.edu.my/id/eprint/11480

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