Applied Economics Journal

Applied Economics Journal

ISSN 0858-9291

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  • AEJ highlights the applications of concepts and theories to issues in micro- and macroeconomics
  • Double-blind peer review
  • Two issues a year (Jun, Dec)
  • Open access to all full-text content

Vol. 13 No. 2
Vol. 13 No. 2
An Evaluation of Recreation Benefit of Phu Kradueng National Park


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The objectives of this research were to determine factors that affect the visitors? willingness to pay (WTP) for recreational services of Phu Kradueng National Park, to measure the recreation benefit of the park, to estimate changes in recreation demand and recreation benefit if the cable car project were launched. The recreation benefit was estimated by using Zonal Travel Cost Method (ZTCM). The research found that recreation benefit of Phu Kradueng National Park in 2005 was 76,76,427,964 Baht. The recreation demand and recreation benefit will increase to be 134,895,890 Baht if cable car project is completed, Therefore the policy maker could use the recreation benefit with other variables such as environmental and social impacts, carrying capacity, and ecological limitations to propose the appropriate policies on developing Phu Kradueng National Park.

Keywords:   Recreation Benefit, Phu Kradueng National Park

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Faculty of Economics Kasetsart University :  Center for Applied Economic Research (CAER) :  Other Journals :  Thai-Journal Citation Index Centre (TCI) (TCI)

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Kasersart University Journal of Economics
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