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- W1185209949 abstract "Medicinal plants are known as important non-timber forest products (NTFPs), besidesbamboo and rattan, which have had great demand by rural people and the industrieslately. The increasing awareness of herbal remedies and the demand of herbal productshave led to crucial requirement of the local resources by the traditional medicineindustries. For sustainable management of medicinal plants in the forest, there is a needto place proper values (potential and extracted values) that reveal the importance ofthese r esources. T hese v alues c ould i ncrease the e nvironmental b enefits, i mportant t odecision-makers, that affect the environment if optimal choices are to be made. By usingmarket price approach, the economic values (residual value) of medicinal plants wereestimated at three study sites, namely Gunung Raya, Bukit Perak and Gunung JeraiForest Reserves at Kedah, Peninsular Malaysia. From the industrial and collectorssurvey, the status of the total requirement and total collection of the resources wasdetermined. Input-use efficiency in the harvesting activities of medicinal plants was alsoexamined. The study revealed that the average total residual values for medicinal plantsper hectare in Gunung Raya Forest Reserve were RM1,654.87, RM3,746.07 at BukitPerak Forest Reserve and RM964.53 at Gunung Jerai Forest Reserve. The totalrequirement of local medicinal plants by the industries (476,339 kg) per year were foundexceeding the total collection of medicinal plants (103,620 kg) per year, showing thehigh dependency of traditional medicine industries on the local resources. From theproduction function analysis, the workers and harvesting tools were insufficiently usedduring the harvesting session. Without proper monitoring and management, theunbalanced situation of medicinal plants' demand and supply could become morecritical in the years to come. Some relevant measures were recommended from thisstudy." @default.
- W1185209949 created "2016-06-24" @default.
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- W1185209949 date "2004-04-01" @default.
- W1185209949 modified "2023-09-26" @default.
- W1185209949 title "Economic Valuation of Medicinal Plants in Peninsular Malaysia" @default.
- W1185209949 hasPublicationYear "2004" @default.
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