Comparison of policy preferences on conserving and sustainably utilizing the Can Gio mangrove forest by conjoint analysis method

Abstract

The aim of this research is to evaluate partially economic values of Can Gio mangrove forests in Vietnam, using conjoint analysis, in respect to climate change adaptation, biodiversity conservation, and disaster protection. Vietnamese and Japanese people were selected as respondents to the questionnaire. Through analysis of collected data on two different mother populations, using linear regression model (or ordinary least squares model) in econometrics, it was found that Vietnamese people were willing to pay highest value for tsunami protection, closely followed by climate change adaptation, and lowest value for biodiversity conservation while Japanese people in general gave their preferences to either adaptation measures or tsunami protection. As in conclusion, disaster protection functions should be the focus for future policies for all stakeholders and nonstakeholders.