Determinants of Determination to Pay for Seaside Zone Top quality Improvement

 Determinants of Willingness to Pay for Coastal Zone Quality Improvement Essay

The Journal of Socio-Economics 41 (2012) 391–399

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Determinants of motivation to pay for seaside zone top quality improvement George Halkos a, в€—, Steriani Matsiori w

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University of Thessaly, Section of Economics, Korai 43, Volos 38333, Greece College or university of Thessaly, Department of Ichthyology and Aquatic Environment, School of Agricultural Sciences, Fytoko Str., Volos 38445, Creece

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Individuals' decision to use a particular coastal seaside is influenced by their tastes and awareness as well as website's characteristics. This kind of study investigates visitors' qualities and wanted site specific characteristics to be able to determine the factors impacting on willingness to pay (WTP) for a noticable difference quality (environment, water along with recreation activities) program. A contingent value survey was carried out in order to evaluate the economic benefits of improving coastal zone top quality. The study area was seaside line of a place in Central Greece (Volos) where a few beaches failures to meet the standards of the Green Flag program. Our scientific findings claim that the major variables affecting respondents' willingness to pay had been related to prior environmental tendencies. The previous respondents' participation in environmental security programs simply by paying an amount was the most critical determinate parameter for their WTP. Income, grow older, gender, seaside recreational activities and environmental top quality of the site plays an important role to people's WTP for top quality improvement of coastal zone. © 2012 Elsevier Inc. All privileges reserved.

Article history: Received 15 November 2011 Received in revised form several March 2012 Accepted being unfaithful April 2012 Keywords: Seaside zone CVM WTP Excitement Blue flags

1 . Intro Coastal specific zones are exclusive ecosystems not the same as the oceanic or terrestrial and they are attractive and important areas for socioeconomic expansion. Costal ecosystems support existence on the earth and affect the present and future health of individual societies. In addition they deliver a series of goods and services which might be of benefit to humans, including possibilities for excitement. People do not only make use of the coast just like aquaculture but also enjoy that like coastal recreation and coastal areas are classic hotspots intended for tourism and leisure activities (Jennings, 2004). Coastlines around the world receive millions of visits yearly for recreational activities such as swimming, surfing, creatures viewing, beach-going etc . At times the demand to get coastal fun can outstrip the capacity from the area as well as the impacts of recreation on natural preservation can create short (or long) term damage (Goodhead and Manley, 1996). Excitement is an important component of social wellbeing (Driver ain al., 1991). Coastal tourism and fun have rapidly increased within the last decades to become primary contributor to the Major Domestic Product (GDP) of several countries attracting vacationers who spend money in the local economic system. Forty percent of the world population lives inside 100 km from the coast, hence representing a pressure in coastal assets (Carter, 2002). Increased inhabitants growth and the shift of population to the coastline have created an increasing pressure on coastal assets

в€— Corresponding publisher. Tel.: +30 24210 74920; fax: +30 24210 74701. E-mail address: [email protected] grms (G. Halkos). 1053-5357/$ – see front matter В© 2012 Elsevier Inc. All rights set aside.

all over the world. People's decision for costal recreation is affected by environmental status of coastal sector. The demand intended for recreation actions is influenced by internet site characteristics and individuals' tastes (Parsons ou al., 2000; Roca ainsi que al., 2009). According to Paudel ain al. (2011) sites' environmental characteristics are important...

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