Economic Valuation of Thien Cam Beach in Ha Tinh Province

  • Trương Thị Cẩm Anh
  • Nguyễn Viết Đăng

Abstract

    Economic valuation of tourist area is considered as an important instrument for policy making, determining economic mechanisms, as well as identifying tools for effective and sustainable management of tourist resources. Travel cost method (TCM) was applied to estimate demand schedule and economic value of Thien Cam tourist area. Findings show that economic value estimate of Thien Cam tourist area in 2013 was VND7,993.7 billion. This figure is much higher than the total turn-over of tourist service providers at Thien Cam tourist area of VND115.3 billion in 2013, indicating that economic potential of Thien Cam tourist area was underutilized. Based on these findings, the paper has proposed some measures to enhance income for tourist service providers and the economic value of Thien Cam tourist area.

điểm /   đánh giá
Published
2017-05-17
Section
ECONOMICS, SOCIETY AND RURAL DEVELOPMENT