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International Journal of Current Microbiology and Applied Sciences (IJCMAS)
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National Academy of Agricultural Sciences (NAAS)
NAAS Score: *5.38 (2020)
[Effective from January 1, 2020]
For more details click here

ICV 2018: 95.39
Index Copernicus ICI Journals Master List 2018 - IJCMAS--ICV 2018: 95.39
For more details click here

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PRINT ISSN : 2319-7692
Online ISSN : 2319-7706
Issues : 12 per year
Publisher : Excellent Publishers
Email : editorijcmas@gmail.com / submit@ijcmas.com
Editor-in-chief: Dr.M.Prakash
Index Copernicus ICV 2018: 95.39
NAAS RATING 2020: 5.38

Int.J.Curr.Microbiol.App.Sci.2017.6(11): 1753-1762
DOI: https://doi.org/10.20546/ijcmas.2017.611.211


Recreational Value of Wetlands: The Case of Kuttanad Coastal Wetland Ecosystem of Kerala, India
C. Sulakshana Rao1* and R. Balasubramanian2
1Department of Agricultural Economics, Tamil Nadu Agricultural University,Coimbatore-641003, Tamil Nadu, India
2Department of Market Extension, Tamil Nadu Agricultural University,Coimbatore, Tamil Nadu, India
*Corresponding author
Abstract:

Kuttanad wetlands and the backwaters of Kerala are well recognised for their tourism amenities at global level. Tourists from across the world visit the backwaters and consume the recreational benefits provided by the ecosystem. It is a public site, offering the aesthetic services on a free of cost basis. This study attempts to estimate the recreational value of the wetland using the travel cost method. The data were collected from a sample of 120 visitors using structured questionnaire. The empirical analysis was done by trip generating function using count data Poisson model. The sign and significance of travel cost variable (-0.0013) was consistent with the economic theory. Other variables which significantly affect the dependent variable are family income and site quality. The consumer surplus per year was estimated to be Rs. 769.23 by finding the absolute value of the reciprocal of the travel cost coefficient. The total recreational value of the wetlands per annum was estimated to be Rs.23.57 crores. This huge value of the recreational benefits emphasizes the need for sustainable management and conservation of the wetlands.


Keywords: Wetland valuation, Travel Cost Method, Trip Generating Function, Consumer Surplus.
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How to cite this article:

Sulakshana Rao, C. and Balasubramanian, R. 2017. Recreational Value of Wetlands: The Case of Kuttanad Coastal Wetland Ecosystem of Kerala.Int.J.Curr.Microbiol.App.Sci. 6(11): 1753-1762. doi: https://doi.org/10.20546/ijcmas.2017.611.211