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Scholars Journal of Economics, Business and Management | Volume-6 | Issue-01
A Study on Relation of the Existence of Mangrove Forest of Coastal Area: A Case Study in Cengkrong-Indonesia
Mohammad Alwi Shahab, Ke-Chung Peng, Suhartini
Published: Jan. 30, 2019 | 160 163
DOI: 10.36347/sjebm.2019.v06i01.007
Pages: 48-54
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Abstract
Many mangrove areas are considered to be a collection of wild plants along the coastline. Many people ruin it and replace it with other plants. Illegal logging, subsistence, illegal fishing, and illegal hunting have caused wetland destruction as mangrove habitat. Mangrove plants need to be calculated in order for the community to realize the economic value of mangroves. Therefore, the aims of this study are: (1) to describe the current condition of mangrove Cengkrong Indonesia, (2) to analyze the economic value of mangrove in coastal Cengkrong Indonesia. The analysis used economic valuation includes Direct Use Value (DUV) to calculates the wood value, the market value of fish, and crabs. Indirect Use Value (IUV) were used to calculate the value of indirect benefit coastal trader, natural tourist attraction, and rent boat for ecotourism. Option Value (OV) was used to calculate the number of biodiversity value in the mangrove ecosystem. Based on the results of economic valuation mangrove, the condition of mangrove in Cengkrong had increased every year since mangrove forest rehabilitation was carried out by the Department of Marine and Fisheries in 2010. The total use value of mangrove Cengkrong is USD 606,298.75 per years. The highest value of the total use value is the direct use value which is USD 578,522.23 per years. The lowest value is the value of option value which is USD 1,305 per years. Furthermore, the results of this study indicate that in the long term, the existence of mangroves has a great valueand its presence has a large impact. However, people are not aware of the importance of the mangroves existence. Therefore, The Indonesian government have to establish policy and make socialization about the importance of the existence of mangrove.