Advertisement

Economic Valuation of the Philippine’s Caramoan Beachscape

  • Raul G. BradecinaEmail author
Chapter

Abstract

This study determined the tourists’ willingness to pay (WTP) for the conservation of Caramoan beachscape in Camarines Sur, Philippines, as inputs in establishing the appropriate payment for environmental services for the sustainable development of ecotourism and coastal resource management of the area. The study employed the contingent valuation method (CVM) using four analytical models.

Based on the results, majority of the Caramoan tourists are younger, adventurous, without familial obligations, and highly educated and earn a relatively high income. One half of the visitors are willing to pay to promote the sustainability of the beachscapes. The visitors’ WTP in the general model was estimated to be PHP 897. The average monthly visitors were estimated to be 1,000 tourists per month. Using these data, the total economic value of conserving the beachscapes in Caramoan was estimated to be PHP 10.76 million annually. Bid amount, age, and income were the only factors that consistently correlated with WTP in all of the analytical models. This indicates that younger visitors and those who have higher income are more likely to be willing to pay for conservation.

The estimated economic value of conserving the Caramoan beachscape justifies the relevance of investing public funds to pursue sustainable beachscape ecotourism development in Caramoan. This study is an attempt to contextualize PES for beachscape. It highlighted the priority concerns for sustainable source of fund for conservation and harmonized institutional arrangements for beachscape tourism and coastal resource management. It supported the potential of implementing PES within a community-based coastal resource management framework under a marine fishery reserve-sanctuary setting comanaged by the community and the Caramoan LGU or within a natural protected area framework managed by the Caramoan Natural Park Protected Area Management Board.

Keywords

Beachscape valuation Coastal resource management Payment for environmental services Caramoan 

References

  1. Calderon M, Camacho LD, Carandang,MG, Dizon JT, Rebugio LL, Tolentino, NL (2005) A water user fee for households in Metro Manila. EEPSEA research report. Economy and Environment Program for Southeast Asia. SingaporeGoogle Scholar
  2. Hanemann WM (1984) Welfare evaluations in contingent valuation experiments with discrete response data: comment. Am J Agric Econ 71:1053–1056Google Scholar
  3. Launio CC, Shinbo T, Morooka Y (2011) Island villagers’ willingness to work or pay for sustainability of marine fishery reserve: case of San Miguel island, Philippines. Coast Manag 39(5):459–477CrossRefGoogle Scholar
  4. Padilla JF, Ansula AD, Tolosa MO (2005a) Getting users to pay for conservation: a guide to site-based sustainable user fee schemes. World Wildlife Fund, PhilippinesGoogle Scholar
  5. Padilla JF, Tongson EE, Lasco RD (2005b) PES: sustainable financing for conservation and development. Proceedings from the national conference-workshop on payments for environmental services: direct incentives for biodiversity conservation and poverty alleviation. Manila, 1–2 Mar 2005Google Scholar
  6. Pelea NR, Borbe SG, Pelea MJ (2005) Socioeconomic status of fisherfolk in Lagonoy gulf. In: Soliman VS, Pelea NR, Dioneda RR Sr (ed) Lagonoy gulf post-resource and socio-economic assessment (terminal report). Report Submitted to the Fishery Resource Management Project, Department of Agriculture-Bureau of Fisheries and Aquatic Resources. Bicol Small Business Institute Foundation, Inc., Legaspi City. 1–97Google Scholar
  7. Rosales RMP (2003) A survey to estimate the recreational value of selected MPAs: Moalboal-Cebu, Siquijor and Pamilacan Island-Bohol. Marine ProtectE Areas Project Coastal Conservation and Education Foundation, Inc. (CCE Foundation, Inc.), CebuGoogle Scholar
  8. Seenprachawong S (2001) An economic analysis of coral reefs in the Andaman Sea of Thailand. EEPSEA research report. Economy and Environment Program for Southeast Asia. SingaporeGoogle Scholar
  9. Subade RF (2005) Valuing biodiversity conservation in a world heritage site: citizens’ non-use values for Tubbataha reefs National Marine Park. EEPSEA resource report. Economy and Environment Program for Southeast Asia. SingaporeGoogle Scholar

Copyright information

© Springer Science+Business Media Singapore 2016

Authors and Affiliations

  1. 1.Partido State UniversityGoa, Camarines SurPhilippines

Personalised recommendations