ECONOMIC VALUATION OF SHADEGAN WETLAND

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MONTAZER HOJAT AMIR HOSSEIN; MANSOURI BEHZAD; GHORBANNEZHAD MOJTABA

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Journal: Journal of Quantitative Economics Year:2015 | Volume:12 | Issue:1 (44) Page(s): 55-77

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Title

ECONOMIC VALUATION OF SHADEGAN WETLAND

Author(s)

MONTAZER HOJAT AMIR HOSSEIN | MANSOURI BEHZAD | GHORBANNEZHAD MOJTABA | Issue Writer Certificate

Keywords

USE VALUEQ2

NON-USE VALUEQ2

OPTION VALUEQ2

CHOICE EXPERIMENTQ2

RANDOM PARAMETERS LOGIT MODELQ2

Abstract

Shadegan Wetland is located in the southwest of Iran. It is one of the wetlands internationally recognized in the Ramsar Convention. Thanks to its variety of functionalities, this wetland has provided the local people with lots of job opportunities. As a result of being located on the oilfields, this wetland has nowadays been threatened by many projects which are being run in its vicinity, namely oil exploration projects and so forth which are running economic-environmental valuations. Lack of data about the economic value of the wetland has prevented such valuations. The objective of this study is to estimate the total economic value of Shadegan Wetland taking into account its use and non-USE VALUEs. To achieve this goal, direct USE VALUE was first calculated using the market-based method. Subsequently, indirect USE VALUE, OPTION VALUE, and non-USE VALUE (existence value) were estimated using the method of CHOICE EXPERIMENT. Based on the results of this study, annual direct use, indirect use, option, and non-USE VALUEs of this wetland were estimated to be $187104167494, $58568264206752217 and $387974436448, respectively. Also, based on the calculations performed, it was found that over 50,000 jobs have been created by Shadegan Wetland such that its total value accounts for 7.1 percent of Khuzestan province’s GDP. The time period of this study was the year 2014.

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APA: Copy

MONTAZER HOJAT, AMIR HOSSEIN, MANSOURI, BEHZAD, & GHORBANNEZHAD, MOJTABA. (2015). ECONOMIC VALUATION OF SHADEGAN WETLAND. JOURNAL OF QUANTITATIVE ECONOMICS (QUARTERLY JOURNAL OF ECONOMICS REVIEW), 12(1 (44)), 55-77. SID. https://sid.ir/paper/110710/en

Vancouver: Copy

MONTAZER HOJAT AMIR HOSSEIN, MANSOURI BEHZAD, GHORBANNEZHAD MOJTABA. ECONOMIC VALUATION OF SHADEGAN WETLAND. JOURNAL OF QUANTITATIVE ECONOMICS (QUARTERLY JOURNAL OF ECONOMICS REVIEW)[Internet]. 2015;12(1 (44)):55-77. Available from: https://sid.ir/paper/110710/en

IEEE: Copy

AMIR HOSSEIN MONTAZER HOJAT, BEHZAD MANSOURI, and MOJTABA GHORBANNEZHAD, “ECONOMIC VALUATION OF SHADEGAN WETLAND,” JOURNAL OF QUANTITATIVE ECONOMICS (QUARTERLY JOURNAL OF ECONOMICS REVIEW), vol. 12, no. 1 (44), pp. 55–77, 2015, [Online]. Available: https://sid.ir/paper/110710/en

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