Assessing the recreational value of protective forests at Taitung Forest Park in Taiwan. (October 2016)

• Record Type: Journal Article
• Authors: Chiou, Chyi-Rong; Lin, Jiunn-Cheng; Liu, Wan-Yu; Lin, Tsung-Wei
• Is Part Of: Tourism economics. Volume 22:Number 5(2016)
• Page Start: 1132
• Page End: 1140
• Publication Date: 2016-10
• Subjects: forest park -- recreational benefits -- Taiwan -- Tobit regression model -- valuation method; Tourism -- Periodicals; 338.4791
• DOI: 10.5367/te.2015.0468
• Languages: English
• ISSNs: 1354-8166

Abstract

The protective forests in the Taitung Forest Park, Taiwan, are studied to explore the potential recreational benefits in the year 2014. First, the importance performance analysis and stepwise discriminant analysis are first adopted to analyze the relationship between the tourist satisfaction and environmental factors. The contingent valuation method and Tobit regression model are then applied to evaluate the benefits of protective forests. It shows that the willingness to pay price for entrance to the Taitung Forest Park is NT$21.7 for each person. Note that US$1 is around NT$30. The Taitung Forest Park creates a recreational value of NT$12, 732, 120 per year on average. The research outcomes are crucial for the Taitung Forest Park Administration Office for potential price-making in the future.