Contingent Valuation Method: A Practical and Participatory Resource Valuation in Upland Philippines

Authors

Keywords:

Contingent Valuation, Economics, Philippines, Sustainability, Sustainable Development Goals

Abstract

Valuing upland resources is essential to ensure their sustainable use. This paper examined which existing method or technique of upland valuation best suits the Philippine setting. Employing a literature review, articles from different journals and websites were analyzed. Given sufficient data showing that the Contingent Valuation Method (CVM) is practical and participatory, CVM was found to be the most commonly employed technique. These results can guide policy development on upland resource valuation.

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Author Biography

  • Ivan Palarao, Bohol Island State University

    Ivan Palarao is a College Instructor at Bohol Island State University, where he teaches courses in oral communication and related disciplines. He previously served as Technical Assistant to the Vice President for Research, Innovation, and Extension, supporting institutional initiatives in research and academic development. He holds a Bachelor of Science in Environmental Science from Bohol Island State University and is currently pursuing a Master of Environment and Natural Resources Management (Upland Resources Management) at the University of the Philippines Open University. His research interests include environmental management, upland resource valuation, and biodiversity conservation, with a publication on earthworm diversity in the Asian Journal of Biodiversity.

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Published

2025-08-20

Issue

Vol. 1 No. 1 (2025): The Pinnacle: Journal of Arts and Sciences

Section

Articles

License

Copyright (c) 2025 The Pinnacle: Journal of Arts and Sciences

Creative Commons License

This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.

How to Cite

Contingent Valuation Method: A Practical and Participatory Resource Valuation in Upland Philippines. (2025). The Pinnacle: Journal of Arts and Sciences, 1(1), 131-138. https://thepinnacle.bisu.edu.ph/index.php/tpjas/article/view/10

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