Study on Estimation of Economic Value of National Protected Areas In Lao PDR

Abstract

The objective of this study is to estimate of Economic Value of National Protected Areas in Lao PDR. The estimation of Economic Value of National Protected Areas in Lao PDR by Benefit Transfer (BT) approach. Data were applied use for analysis came from Study sites to Policy Site. The results show the economic value of the national protected area in Lao PDR from both Use Value and Non-use Value. The finding final result also totals economic value is $ 3,942/ha/year. The authors conclude that Total Economic Value (TEV) has a maximum Value on National Protected Area in Lao PDR. These results offer information to policymakers to decide to protect on National Protected Area in Lao PDR. This finding might have signed on the National Biodiversity Strategy of Lao PDR. It is the first paper to try to investigate the Total Economic Value of the National Protected Area in Lao PDR.