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An Investigation of Willingness to Pay for Geopark Management and Conservation: A Case Study of Geotourists in the Greater China Region

Author

Listed:
  • Wei Fang

    (Department of Social Sciences and Policy Studies, The Education University of Hong Kong, 10 Lo Ping Road, Tai Po, N.T., Hong Kong SAR, China)

  • Gloria Rui Gou

    (Faculty of Hospitality and Tourism Management, Macau University of Science and Technology, Avenida Wai Long, Taipa, Macau SAR, China)

  • Lewis T. O. Cheung

    (York Business School, York St. John University, Lord Mayor’s Walk, York YO31 7EX, UK)

  • Lincoln Fok

    (Department of Science and Environmental Studies, The Education University of Hong Kong, 10 Lo Ping Road, Tai Po, N.T., Hong Kong SAR, China)

  • Alice S. Y. Chow

    (Department of Social Sciences and Policy Studies, The Education University of Hong Kong, 10 Lo Ping Road, Tai Po, N.T., Hong Kong SAR, China)

  • Ke Zhang

    (Department of Science and Environmental Studies, The Education University of Hong Kong, 10 Lo Ping Road, Tai Po, N.T., Hong Kong SAR, China)

Abstract
Willingness to pay (WTP) for geological protection is essential for market-based geopark conservation tactic formulations. Whether geotourists are willing to pay and how much they prefer to pay might be influenced by different determinants. The present study aims to (1) investigate the probability of paying and the payment amount for geopark conservation and (2) examine how factors influence the intention and amount to pay for the upkeep of geoparks. The results suggest that geotourists would contribute financially to geological conservation and geopark management. The findings also revealed that geotourists’ intentions and payment for conservation were associated with educational background and monthly income level. In addition, geotourist attachment and satisfaction concerning visiting geoparks positively affected intention and payment. This study might provide empirical references for geopark management and conservation in the Greater China Region.

Suggested Citation

  • Wei Fang & Gloria Rui Gou & Lewis T. O. Cheung & Lincoln Fok & Alice S. Y. Chow & Ke Zhang, 2024. "An Investigation of Willingness to Pay for Geopark Management and Conservation: A Case Study of Geotourists in the Greater China Region," Resources, MDPI, vol. 13(2), pages 1-16, February.
    • Handle: RePEc:gam:jresou:v:13:y:2024:i:2:p:24-:d:1333785
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    References listed on IDEAS

    as
    1. Kaffashi, Sara & Yacob, Mohd Rusli & Clark, Maynard S. & Radam, Alias & Mamat, Mohd Farid, 2015. "Exploring visitors' willingness to pay to generate revenues for managing the National Elephant Conservation Center in Malaysia," Forest Policy and Economics, Elsevier, vol. 56(C), pages 9-19.
    2. Thur, Steven M., 2010. "User fees as sustainable financing mechanisms for marine protected areas: An application to the Bonaire National Marine Park," Marine Policy, Elsevier, vol. 34(1), pages 63-69, January.
    3. Baral, Nabin & Dhungana, Anal, 2014. "Diversifying finance mechanisms for protected areas capitalizing on untapped revenues," Forest Policy and Economics, Elsevier, vol. 41(C), pages 60-67.
    4. Pramod Lamsal & Kishor Atreya & Krishna Prasad Pant & Lalit Kumar, 2016. "Tourism and wetland conservation: application of travel cost and willingness to pay an entry fee at Ghodaghodi Lake Complex, Nepal," Natural Resources Forum, Blackwell Publishing, vol. 40(1-2), pages 51-61, February.
    5. Baral, Nabin & Stern, Marc J. & Bhattarai, Ranju, 2008. "Contingent valuation of ecotourism in Annapurna conservation area, Nepal: Implications for sustainable park finance and local development," Ecological Economics, Elsevier, vol. 66(2-3), pages 218-227, June.
    6. Togridou, Anatoli & Hovardas, Tasos & Pantis, John D., 2006. "Determinants of visitors' willingness to pay for the National Marine Park of Zakynthos, Greece," Ecological Economics, Elsevier, vol. 60(1), pages 308-319, November.
    7. Ojea, Elena & Loureiro, Maria L., 2007. "Altruistic, egoistic and biospheric values in willingness to pay (WTP) for wildlife," Ecological Economics, Elsevier, vol. 63(4), pages 807-814, September.
    Full references (including those not matched with items on IDEAS)

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