What is it about?
The amount of happiness, satisfaction or aesthetic value that people derive from nature based amenities like lakes, national parks, sanctuaries, sea beaches, waterfalls sites, river banks, mountain views is difficult to measure in some tangible value. This study has applied contingency valuation and travel cost methods to estimate visitors willingness to pay for enjoying Fewa Lake vicinity, at Pokhara. It is basically about measuring value of natural site.
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Why is it important?
Economic valuation of nature based sites is new study. This study is also a pioneering study in the field of environment economics field in Nepal by applying travel cost and contingency valuation method. It has elated interest in conserving and maintaining nature based sites as well as places of aesthetic importance scattered in Nepal. Moreover, Nepal's tourism is basically nature based tours and adventures.
Perspectives
I think this publication would help maximize number of viewers. It is a contribution in the field of environment economics. It can be useful to our policy makers and nature conservationists of Nepal.
Mr Arjun K Thapa
Pokhara University
Read the Original
This page is a summary of: Recreational Demand for Fewa Lake: An Application of Travel Cost Method, Economic Literature, May 2016, Nepal Journals Online (NepJOL),
DOI: 10.3126/el.v11i0.14867.
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