Economic valuation of recreational services of environmental resources (Case study: Rudmajan Torbate Heidarieh Village, Khorasan Razavi Province)

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Sheybani Malihe; RASTEGARIPOUR FATEMEH

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Journal: Rural Development Strategies Year:2019 | Volume:6 | Issue:2 Page(s): 201-212

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Information Journal Paper

Title

Economic valuation of recreational services of environmental resources (Case study: Rudmajan Torbate Heidarieh Village, Khorasan Razavi Province)

Author(s)

Sheybani Malihe | RASTEGARIPOUR FATEMEH | Issue Writer Certificate

Keywords

Consumption surplusQ1

Recreational production functionQ1

Shadow priceQ1

Travel demand function.Q1

Abstract

Valuation of functions and non-market environmental services is important for many reasons, including recognizing the environmental benefits by humans, providing the national environmental issues to decision makers, and preventing destruction and utilization of natural resources. The purpose of this study is to determine the value of recreational services in the village of Roodmajan from the city of Torbat Heydarieh in Khorasan Razavi province. There are two different types of methodology to determine the value of recreational services: the first method is based on the Travel demand function.and the second method is based on estimation of Recreational production functions. Both methods are used in this study. The required data were collected by the simple random sampling method and they are completed by using the answers to one hundred questionnaires from the visitors of the Rudmajan village in 2017. The results of the regression model in estimating the demand function show that income of the visitors, travel costs, cost of alternative trips and the number of visits to the alternative place have a meaningful relationship with the number of visitors from the village of Rudmajan and factors such as size of household, age, education, and gender do not have a significant effect on the number of visitors of the village of Rudmajan. Consumption surplus and annual recreational value of this region were calculated to be equal to 204347. 22 and 71521737000 Rials, respectively. The results of the Recreational production function show that time, distance and travel costs are effective factors in recreational productions. The recreational Shadow price and recreational valuation of this region are equal to 2033007. 693 and 71052692550 Rials, respectively. The results of this study show the high economic value of the Rudmajan Village Therefore, it is imperative that visitors avoid any degradation of the quality of the village and the environment while they spend their leisure time in the village.

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APA: Copy

Sheybani, Malihe, & RASTEGARIPOUR, FATEMEH. (2019). Economic valuation of recreational services of environmental resources (Case study: Rudmajan Torbate Heidarieh Village, Khorasan Razavi Province). RURAL DEVELOPMENT STRATEGIES, 6(2 ), 201-212. SID. https://sid.ir/paper/404511/en

Vancouver: Copy

Sheybani Malihe, RASTEGARIPOUR FATEMEH. Economic valuation of recreational services of environmental resources (Case study: Rudmajan Torbate Heidarieh Village, Khorasan Razavi Province). RURAL DEVELOPMENT STRATEGIES[Internet]. 2019;6(2 ):201-212. Available from: https://sid.ir/paper/404511/en

IEEE: Copy

Malihe Sheybani, and FATEMEH RASTEGARIPOUR, “Economic valuation of recreational services of environmental resources (Case study: Rudmajan Torbate Heidarieh Village, Khorasan Razavi Province),” RURAL DEVELOPMENT STRATEGIES, vol. 6, no. 2 , pp. 201–212, 2019, [Online]. Available: https://sid.ir/paper/404511/en

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