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Estimating values for recreational fishing at freshwater dams in Queensland

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  • John Rolfe
  • Prabha Prayaga

Abstract

In this paper, estimates of value for recreational fishing are reported for three major freshwater impoundments in Queensland, Australia, using both travel cost and contingent valuation methods. Policy analysts often require estimates of value when analysing the importance of recreation against other uses of impoundments, or when considering the potential for further investments, such as with fish stocking programs. Different forms of the travel cost method are used to estimate separate consumer surpluses associated with two key subgroups of recreational anglers: frequent and occasional anglers. A contingent valuation study is used to estimate the marginal values associated with a potential improvement in fishing experience. The results of the travel cost analysis provide strong evidence that recreational values vary between different groups of anglers and across sites, while the contingent valuation estimates provide values for additional marginal benefits of recreational angling. Copyright 2007 The AuthorsJournal Compilation 2007 Australian Agricultural and Resource Economics Society Inc. and Blackwell Publishers Ltd Journal compilation 2007 Australian Agricultural and Resource Economics Society Inc. and Blackwell Publishing Ltd .

Suggested Citation

  • John Rolfe & Prabha Prayaga, 2007. "Estimating values for recreational fishing at freshwater dams in Queensland ," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 51(2), pages 157-174, June.
    • Handle: RePEc:bla:ajarec:v:51:y:2007:i:2:p:157-174
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    File URL: http://hdl.handle.net/10.1111/j.1467-8489.2007.00369.x
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    1. Timothy C. Haab & Kenneth E. McConnell, 2002. "Valuing Environmental and Natural Resources," Books, Edward Elgar Publishing, number 2427.
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    1. Raguragavan, Jananee & Hailu, Atakelty & Burton, Michael, 2013. "Economic Valuation of Recreational Fishing in Western Australia: Statewide Random Utility Modelling of Fishing Site Choice Behaviour," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 57(4), pages 1-20.
    2. Pascoe, Sean, 2019. "Recreational beach use values with multiple activities," Ecological Economics, Elsevier, vol. 160(C), pages 137-144.
    3. Yamazaki, Satoshi & Rust, Steven & Jennings, Sarah & Lyle, Jeremy & Frijlink, Sven, 2013. "Valuing recreational fishing in Tasmania and assessment of response bias in contingent valuation," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 57(2), pages 193-193.
    4. Zhang, Fan & Wang, Xiao Hua & Nunes, Paulo A.L.D. & Ma, Chunbo, 2015. "The recreational value of gold coast beaches, Australia: An application of the travel cost method," Ecosystem Services, Elsevier, vol. 11(C), pages 106-114.
    5. Farr, Marina & Stoeckl, Natalie, 2018. "Overoptimism and the undervaluation of ecosystem services: A case-study of recreational fishing in Townsville, adjacent to the Great Barrier Reef," Ecosystem Services, Elsevier, vol. 31(PC), pages 433-444.
    6. Sascha Samadi, 2017. "The Social Costs of Electricity Generation—Categorising Different Types of Costs and Evaluating Their Respective Relevance," Energies, MDPI, vol. 10(3), pages 1-37, March.
    7. Zhang, Fan & Fogarty, James, 2015. "Nonmarket Valuation of Water Sensitive Cities: Current Knowledge and Issues," Working Papers 207694, University of Western Australia, School of Agricultural and Resource Economics.
    8. Marit E. Kragt & Jeff Bennett, 2008. "Developing a Questionnaire for Valuing Changes in Natural Resource Management in the George Catchment, Tasmania," Environmental Economics Research Hub Research Reports 0808, Environmental Economics Research Hub, Crawford School of Public Policy, The Australian National University.
    9. Pascoe, Sean & Doshi, Amar & Dell, Quentin & Tonks, Mark & Kenyon, Rob, 2014. "Economic value of recreational fishing in Moreton Bay and the potential impact of the marine park rezoning," Tourism Management, Elsevier, vol. 41(C), pages 53-63.
    10. Yong Huang & Qinjun Kang & Qi Wang & Lili Luo & Tingting Wang & Qingrui Chang, 2022. "Multiscale Spatial Distribution Pattern and Influencing Factors on Inland Fishing Gardens in China," Sustainability, MDPI, vol. 14(11), pages 1-17, May.
    11. Star, Megan & Rolfe, John & Brown, Julia, 2020. "From farm to fork: Is food tourism a sustainable form of economic development?," Economic Analysis and Policy, Elsevier, vol. 66(C), pages 325-334.
    12. Zander, Kerstin K. & Straton, Anna, 2010. "An economic assessment of the value of tropical river ecosystem services: Heterogeneous preferences among Aboriginal and non-Aboriginal Australians," Ecological Economics, Elsevier, vol. 69(12), pages 2417-2426, October.
    13. He, Xiaoyang & Poe, Gregory L., 2021. "Exploring the shelf-life of travel cost methods of valuing recreation for benefits transfer," Resource and Energy Economics, Elsevier, vol. 63(C).
    14. Jegnie, Alemken & Hailu, Atakelty & Burton, Michael P., 2017. "Boat-based and other recreational fishing in Western Australia: Analysis of site choice, access values and bag limit effects," Working Papers 257167, University of Western Australia, School of Agricultural and Resource Economics.
    15. Windle, Jill & Rolfe, John & Pascoe, Sean, 2017. "Assessing recreational benefits as an economic indicator for the Gladstone Harbour Report Card," 2017 Conference (61st), February 7-10, 2017, Brisbane, Australia 258681, Australian Agricultural and Resource Economics Society.
    16. Shelley Burgin, 2017. "Indirect Consequences of Recreational Fishing in Freshwater Ecosystems: An Exploration from an Australian Perspective," Sustainability, MDPI, vol. 9(2), pages 1-18, February.
    17. Doshi, Amar & Pascoe, Sean, 2013. "Investigating the effects of sample heterogeneity on the travel cost model for coral diving in Southeast Asia," 2013 Conference (57th), February 5-8, 2013, Sydney, Australia 152146, Australian Agricultural and Resource Economics Society.
    18. Farr, Marina & Stoeckl, Natalie & Sutton, Stephen, 2014. "Recreational fishing and boating: Are the determinants the same?," Marine Policy, Elsevier, vol. 47(C), pages 126-137.

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