ECSOFiM (Economic and Social of Fisheries and Marine Journal)
Vol 4, No 2 (2017): ECSOFiM April 2017

ECONOMIC VALUATION OF CORAL REEFS ECOSYSTEM OF BANGSRING, BANYUWANGI, INDONESIA

Muhammad Arif Asadi (Unknown)
Anthon Andrimida (Unknown)



Article Info

Publish Date
29 Apr 2017

Abstract

Coral reefs ecosystem of Bangsring provide both commercial and non-commercial goods and services. Local fishermen rely on reef fisheries while tourism activities have been growing in this area. Seeing that the economic benefits derived from coral reefs are vital to the economies of Bangsring communities, economic valuation of these benefits is necessary to guide sustainable and wise use of these resources and to provide useful information for improved decisions. The research was conducted between June 29and August 9 of 2015 aimed to estimate the total economic value (TEV) of coral reefs of Bangsring, Banyuwangi Regency, included passive use values and direct use values. The research was a participatory case study where primary and secondary data were collected using the purposive sampling technique. The study revealed that the estimated TEV of the coral reefs of Bangsring was IDR 41.6 billion per year or IDR 3.2 billion per hectare per year with tourism contributing 60 % or IDR 25 billion per year of the TEV. The healthy coral reefs of Bangsring support local communities and generate billions of rupiahs annually; therefore, it is critical to manage the coral reefs of Bangsring sustainably for current and future generations.

Copyrights © 2017






Journal Info

Abbrev

ecsofim

Publisher

Subject

Agriculture, Biological Sciences & Forestry Economics, Econometrics & Finance Environmental Science Social Sciences

Description

ECSOFIM is an open-access journal, which became a scientific forum for students, lecturer, and researchers to publish the results of research within the scope of "Economic and Social Fisheries and Marine Sciences". This journal contains research results related to the research fields of economic ...