Contingent valuation of forest environmental resources based on improvement in effectiveness: Taking the Minjiang river basin as an example

Abstract

The Contingent Value Method (CVM) is quite important to the valuation of non-market goods or services, especially the non-use value of the environment and resources. This paper investigates residents’ willingness to pay for an ecological forest in the Minjiang River Basin, defines the specific composition of forest social value based on a logistic model and factor analysis, and calculates the average willingness to pay for ecological forest resources.

Keywords:

• Validity improvement
• Social value of forest environmental resource
• Contingent valuation method (CVM)
• Willingness to pay (WTP)