Economic valuation of fishery resources as a determinant of community participation in the management of Balgbag Reef Fish Sanctuary in Calauag, Quezon, Philippines

Date

2005

Abstract

The economic value of establishing a marine protected area (MPA) was determined and correlated with the potential for community participation in the management of the MPA. Household survey of 102 respondents out of the total 217 fisherfolk household of Sto. Angel, Calauag, Quezon was conducted as well a informal interviews of 18 key informants from different agencies and organizations. Secondary data on fishery benefits from marine sanctuaries were used for the benefits transfer method. Contingent valuation method was used to determine non-use values of the reef while benefits- transfer method was used to determine the fishery benefits from MPA. Other values were derived from the household surveys and key informant interviews. The net present value (NPV) of the MPA is P26,514,031.76 after 20 years with the presence of a MPA. Otherwise, the NPV is P12,928,305.17. The benefit-cost ratio (BCR) of having a fish sanctuary for 20 years is 2.23 while the BCR for not establishing one is 1.77. Thus, the establishment of a sanctuary is economically worthwhile. The community has a high environmental awareness and potential for community participation in the management of the MPA. Both are critical in the success of the MPA. The fisherfolk's civil status is significantly correlated with community participation while education and membership to the People's Organization (PO) of the respondents are significantly correlated with Willingness-to-ay (WTP) values. The establishment of the Balagbag Reef Fish Sanctuary is a viable environmental projects. The initial opportunity loss from forgoing fishing in Balagbag reef will be offset by fishery production from spillover after the reef has recovered.

Document Type

Master Thesis

Language

English

Location

UPLB Main Library Special Collections Section (USCS)

Call Number

LG 995 2005 E8 C34

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