Estimating the economic value of natural promenades by using travel cost approach (Case study: Fateh Park)

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SALEH IRAJ; Bastani Mehdi; ABEDI SAMANEH

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Journal: Iranian Journal of Agricultural Economics and Development Research Year:2015 | Volume:46 | Issue:2 Page(s): 385-393

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Title

Estimating the economic value of natural promenades by using travel cost approach (Case study: Fateh Park)

Author(s)

SALEH IRAJ | Bastani Mehdi | ABEDI SAMANEH | Issue Writer Certificate

Keywords

economic valueQ2

Fateh ParkQ2

individual travel costQ2

recreational demand functionQ2

Abstract

Urban parks have important resorts values for spending people’ s leisure time. Fateh Park located in Alborz province and considered such as a level of qualitative services to public although the economic valuation of these services by normal measures has been very difficult; so mostly estimating economic value has been done by considering some indexes. In this study in order to achieve the mentioned goal, valuation, survey and analysis of the region has been done by completing 300 Clawson questionnaires at the maximum resorts time (June-July 2012) in terms of travel cost method (TCM). Results indicated that resorts value of Fateh Park by estimating demand of recreational place and calculating surplus consumer’ s welfare is equivalent to 138, 750, 000 Rails which in turn has been noted by policy and decision makers to support the urban parks.

Cites

Economic Evaluation of Recreational Operation of Ahwaz Beach Park Using Individual Travel Cost Method

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APA: Copy

SALEH, IRAJ, Bastani, Mehdi, & ABEDI, SAMANEH. (2015). Estimating the economic value of natural promenades by using travel cost approach (Case study: Fateh Park). IRANIAN JOURNAL OF AGRICUTURAL ECONOMICS AND DEVELOPMENT RESEARCH, 46(2 ), 385-393. SID. https://sid.ir/paper/146342/en

Vancouver: Copy

SALEH IRAJ, Bastani Mehdi, ABEDI SAMANEH. Estimating the economic value of natural promenades by using travel cost approach (Case study: Fateh Park). IRANIAN JOURNAL OF AGRICUTURAL ECONOMICS AND DEVELOPMENT RESEARCH[Internet]. 2015;46(2 ):385-393. Available from: https://sid.ir/paper/146342/en

IEEE: Copy

IRAJ SALEH, Mehdi Bastani, and SAMANEH ABEDI, “Estimating the economic value of natural promenades by using travel cost approach (Case study: Fateh Park),” IRANIAN JOURNAL OF AGRICUTURAL ECONOMICS AND DEVELOPMENT RESEARCH, vol. 46, no. 2 , pp. 385–393, 2015, [Online]. Available: https://sid.ir/paper/146342/en

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