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The Behaviour of Agency Costs Relevant to Visitation at National Parks of South-Western Queensland

Author

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  • Beal, Diana

    (University of Southern Queensland)

Abstract

The spectrum of the management agency's costs pertaining to the management of seven national parks located within the Department of Environment and Heritage's administrative division of South-western Queensland is examined to isolate the costs which accrue to visitation. Labour is the most significant cost; to quantify this cost, the tasks performed by rangers during their work year are analysed and allocated to the three major functions performed in parks management of the estate infrastructure, conservation of natural resources and provision of opportunities for recreation. Total visitation or recreation costs are then computed and cost equations calculated. Comparisons are made between these empirical findings and economic theory, and policy implications are briefly examined.

Suggested Citation

  • Beal, Diana, 1996. "The Behaviour of Agency Costs Relevant to Visitation at National Parks of South-Western Queensland," Economic Analysis and Policy, Elsevier, vol. 26(1), pages 1-24, March.
    • Handle: RePEc:eee:ecanpo:v:26:y:1996:i:1:p:1-24
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    Citations

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    Cited by:

    1. Beal, Diana J., 1996. "A Theoretical Market Model for National Parks of Different Ecological Character Managed by One Agency," Review of Marketing and Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 64(02), pages 1-13, August.
    2. Bhaskar, Ratikant & Bansal, Shashank & Abbassi, Wajih & Pandey, Dharen Kumar, 2023. "CEO compensation and CSR: Economic implications and policy recommendations," Economic Analysis and Policy, Elsevier, vol. 79(C), pages 232-256.
    3. Beal, Diana & Goyen, Michelle, 1998. "'Putting Your Money Where Your Mouth Is' A Profile of Ethical Investors," Financial Services Review, Elsevier, vol. 7(2), pages 129-143.
    4. Robert W. Turner & W. Reed Walker, 2006. "Explaining the Determinants of Operating Budgets at U.S. National Parks," Public Finance Review, , vol. 34(5), pages 551-573, September.

    More about this item

    Keywords

    Conservation; Environment;

    JEL classification:

    • Q26 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Recreational Aspects of Natural Resources
    • L83 - Industrial Organization - - Industry Studies: Services - - - Sports; Gambling; Restaurants; Recreation; Tourism

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