International Journal of Current Microbiology and Applied Sciences (IJCMAS)
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Original Research Articles                      Volume : 9, Issue:7, July, 2020

PRINT ISSN : 2319-7692
Online ISSN : 2319-7706
Issues : 12 per year
Publisher : Excellent Publishers
Email : /
Editor-in-chief: Dr.M.Prakash
Index Copernicus ICV 2018: 95.39
NAAS RATING 2020: 5.38

Int.J.Curr.Microbiol.App.Sci.2020.9(7): 2365-2372

Economic Valuation of Chinese Dip Net Fishing on the Vembanad Lake- using Market Price Approach
V. Chandrasekar1*, S. Murali Gopal2, A. Vidhyavathi2, C. Jayanthi3, R. Sathy4 and Nikita Gopal
1ICAR - Central Institute of Fisheries Technology, Cochin 682 029, Inidia
2Department of Agricultural Economics, (CARDS), TNAU –Coimbatore
3Department of Agronomy, TNAU, Coimbatore – 641003
4Department of Physical Sciences and Information Technology, AEC & RI, TNAU - Coimbatore 641 003, India
*Corresponding author

The traditional Chinese dip net is symbolic of Kerala and is a major tourist attraction. These nets are operated along the banks of the lakes in the state, especially the Vembanad lake. It is categorized into three type i.e. big, medium and small. The economic value generated by the Chinese dip nets operated in the Vembanad lake was estimated using market price approach. The willingness-to-pay (WTP) is taken to be equal to market price of fish and shrimp catch and this was used as an indicator of the true value of a resource. The estimation of economic value generated from the Chinese dip net operations in Vembanad lake was about Rs.32.98 crores per annum, which gives livelihood to approximately around 4500 family beneficiaries.

Keywords: Market price method, Vembanad lake, Chinese dip nets, Economic value

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How to cite this article:

Chandrasekar, V., S. Murali Gopal, A. Vidhyavathi, C. Jayanthi, R. Sathy and Nikita Gopal. 2020. Economic Valuation of Chinese Dip Net Fishing on the Vembanad Lake- using Market Price Approach.Int.J.Curr.Microbiol.App.Sci. 9(7): 2365-2372. doi:
Copyright: This is an Open Access article distributed under the terms of the Creative Commons Attribution-NonCommercial-ShareAlike license.