In recent years, environmental degradation has become an increasing concern in Thailand. Of the environmental problems and challenges facing the Kingdom, water pollution is one of the most serious. Among the rivers in Thailand, the Chao Phraya River is the most contaminated. Recently, the...

Improving lake water quality is believed to increase the economic value of recreational resorts. However, few empirical estimates have been made in China to determine the value of the economic benefits brought about by such improvements. In this study, two non-market valuation methods,...

Since the late 1960s, economists have been developing methodologies to measure environmental impacts. Among the approaches most widely used are the travel cost method (TCM) and the contingent valuation method (CVM). Generally, these methods provide a reasonable approximation of the value of a...