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Valuing Ecological Restoration and Recreational Benefits in a Mountain Protected Area: The Case of Los Nevados National Park, Colombia

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dc.contributor.author Alvarez, Sergio
dc.contributor.author Larkin, Sherry L.
dc.date.accessioned 2011-01-20T18:40:27Z
dc.date.available 2011-01-20T18:40:27Z
dc.date.issued 2010 en_US
dc.identifier.uri https://hdl.handle.net/10535/6834
dc.description.abstract "This study uses travel cost and contingent valuation methods to derive estimates of economic value for recreational use of Los Nevados National Park in the Andean region of Colombia. Park visitors were surveyed regarding their travel costs and willingness-to-pay (WTP) for ecological restoration of areas affected by wildfires in 2006. The travel cost data was analyzed using a zonal travel cost model. The contingent valuation experiment used a dichotomous choice format followed by an open-ended question asking for their maximum WTP for restoration. Consumer surplus for recreational use of the park was found to be large relative to the budget of the Colombian Parks Service, which justifies continued funding. Respondents’ WTP for ecological restoration was modest and possibly influenced by bequest values, but unaffected by potential information bias." en_US
dc.language English en_US
dc.subject protected areas en_US
dc.subject cost en_US
dc.subject ecological economics en_US
dc.subject contingent valuation en_US
dc.title Valuing Ecological Restoration and Recreational Benefits in a Mountain Protected Area: The Case of Los Nevados National Park, Colombia en_US
dc.type Journal Article en_US
dc.type.published published en_US
dc.type.methodology Case Study en_US
dc.subject.sector General & Multiple Resources en_US
dc.subject.sector Social Organization en_US
dc.identifier.citationjournal Journal of Sustainable Development en_US
dc.identifier.citationvolume 3 en_US
dc.identifier.citationpages 3-16 en_US
dc.identifier.citationnumber 4 en_US
dc.identifier.citationmonth December en_US


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