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. 16 No. 2
Vol. 16 No. 2
Fishery Resource Use Value of Seagrass Bed in Libong Island Waters (in Thai)

Aunyarat Siammai and Somskaow Bejranonda

This study evaluates the fishery resource use value of a seagrass bed in Libong community, Trang Province. The market value approach and path analysis were used to examine the factors affecting the value of fishery resource utilization in the seagrass bed. Data were obtained from a questionnaire survey of 269 households in Libong during January-December, 2007. The utilization of the seagrass bed was mainly for capture fishery. The gross fishery resource use value of the seagrass bed was 12,675,353 baht per year and the net value was 7,895,620 baht per year. The factors that significantly affect the value were patterns of travel to the seagrass bed, household expenditure, and training attendance in coastal resources and participation in the seagrass bed management in the island (at =0.10). This study shows that the seagrass bed provides a high economic value from fishery resource use. The community is the direct beneficiary of this benefit. The results should be disseminated to the community to improve awareness of a wise use of the resource. The results would be useful for planning and management for resource utilization and conservation of the seagrass bed.

Keywords:   seagrass bed, fishery resource value, utilization, Libong Island

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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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