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  1. Yangon University of Economics
  1. Yangon University of Economics
  2. Doctor of Philosophy (PhD)

Economic Valuation of Ecosystem Services in Taung Thaman Lake (Yin Myo Oo, 2020)

http://hdl.handle.net/20.500.12678/0000005478
http://hdl.handle.net/20.500.12678/0000005478
5b6d6a10-4c38-412b-a1f1-a5204fe27338
50ae533b-504c-4ab5-bdef-f02979f6340f
None
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Dr. Dr. Yin Myo Oo (Phd.).docx (4.4 Mb)
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Title
Title Economic Valuation of Ecosystem Services in Taung Thaman Lake (Yin Myo Oo, 2020)
Language en
Publication date 2020-07-01
Authors
Yin Myo Oo
Description
This study aims to assign aggregate monetary values of the provisioning, regulating and cultural services on the Taung Thaman Lake in Amarapura Township, Mandalay. The objective is to investigate the factors influencing on willingness to pay (WTP) among villagers and visitors. The market value method is applied to evaluate the aggregate value of crop production in the Lake provisioning service. The contingent valuation method (CVM) is also applied to estimate the amount of money that villagers and visitors were willing to pay by using the binary logistic regression analysis. The Aggregate economic value of crop production from the Lake provisioning services is 49.53 million kyats per year in 2018-2019. The binary regression analysis result shows that the villager’s mean WTP for the water quality conservation is 1,128 Kyats/month/ households and the Aggregate WTP of the water quality conservation of the villagers of the Lake regulating service is 34.41 million Kyats/year/ households in 2018-2019. It is found that the visitor’s mean WTP for entrance fees to the U Bein Bridge is 908 Kyats/person and the Aggregate WTP of recreation of visitors of the Lake cultural services is 109.78 million Kyats/year. The binary regression analysis results indicate that the main factors that are the bid amount with negative effect and age, marital status, education level, occupation, monthly income, visit time and attitudes with positive effects are found to have a significant statistical influence on the WTP. The aggregate monetary value of ecosystem services on the Lake is estimated at 1030.52 million Kyats/year during 2018-2019. The maximum economic benefit is generated from cultural services, followed by provisioning services and regulating services. This study suggests that environmental development supports community development in broad dimensions, associated with community wellness, community economic development and community learning. Positive relationships are emphasized with the opportunity to participate effectively in collective decision-making. Raising community awareness and environmental management will lead to more conservation and sustainable development over the Lake resources. The government should also play a critical role of developing an environmental strategy, including all stakeholders.
Thesis/dissertations
Yangon University of Economics
Dr. Ni Lar Myint Htoo, Pro-Rector
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