Economic Value of an Ecosystem Conservation Project: A Case Study of U Minh National Forest in the Vietnamese Mekong Delta - Collections

＜departmental bulletin paper＞
Economic Value of an Ecosystem Conservation Project: A Case Study of U Minh National Forest in the Vietnamese Mekong Delta

Creator	Creator Name KHAI, Huynh Viet Affiliation Affiliation Name Department of Environmental and Resource Economics, College of Economics, Can Tho University
	Creator Name VAN, Nguyen Phi Affiliation Affiliation Name Institute of Science, Technology and Training, Kien Giang University
	Author PID K002507 Creator Name YABE, Mitsuyasu 矢部, 光保 Affiliation Affiliation Name Laboratory of Environmental Economics, Department of Agricultural and Resource Economics, Faculty of Agriculture, Kyushu University 九州大学大学院農学研究院農業資源経済学部門農業資源経済学講座
Language	English
Publisher	Faculty of Agriculture, Kyushu University
Publisher	九州大学大学院農学研究院
Date	2020-02
Source Title	Journal of the Faculty of Agriculture, Kyushu University
Vol	65
Issue	1
First Page	165
Last Page	171
Publication Type	Version of Record
Access Rights	open access
Crossref DOI	https://doi.org/10.5109/2558909

File	FileType	Size	Views	Description
p165	pdf	454 KB	694

PISSN	0023-6152
NCID	AA00697606
Record ID	2558909
Subject Terms	CVM
	Ecosystem Conservation
	Forest
	U Minh National Park
	Vietnam
	WTP
Notes	This study applies the contingent valuation method (CVM) to estimate urban residents’ willingness to pay for an ecosystem conservation program in U Minh national forest, one of the most important protected areas in the Mekong Delta. The results showed that most households are willing to make a monthly contribution of about VND 85,515 (US$ 3.72) toward the program. Overall, the urban residents of the Mekong Delta have agreed to contribute about US$ 55 million annually to the U Minh forest ecosystem conservation project. This annual aggregate contribution is relatively large enough to elicit interest from the government, policymakers, and other stakeholders to financially invest in preserving the forest ecosystem.
Funding Information	Funder Name the Can Tho University Improvement Project, supported by a Japanese ODA loan. Award Number VN14–P6
Created Date	2020.03.13
Modified Date	2022.11.11