Benefit-Cost Analysis of Tourism Development and Sustainability in the Malacca Straits

PRICE:

Free (pay only costs for shipping)

PUBLICATION DATE:

Monday, June 01, 1998

PUBLICATION TYPE:

Reports

STATUS:

Available

DESCRIPTION:

This study focuses on the economic analysis of benefits and costs of management actions for resource preservation and pollution prevention, particularly those affecting tourism in the Malacca Straits. As a first exercise towards valuation of recreational benefits provided by the coastal and marine resources in the Straits, the benefits transfer method (BTM) is adopted. The benefit and cost estimates of the management options considered in this study are likewise adopted from other studies. The results of this study therefore, present broad orders of magnitude of potential net benefits, which may be sufficient to make an opinion about the advisability of a project or a program. The values can then be used as inputs to policy-making.