Seenprachawong, Udomsak - In: International Journal of Global Environmental Issues 3 (2003) 1, pp. 104-114
This paper provides an economic valuation of the coral reefs at Phi Phi Islands, Thailand. It used both the travel cost method and contingent valuation method to estimate the benefits of tourism on Phi Phi's coral reefs. The study found that the reefs studied could generate large economic...