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Travel Cost Analysis of Recreation Value in the Wet Tropics World Heritage Area

Author

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  • Driml, Sally

    (Environmental Protection Agency, Brisbane)

Abstract

Travel cost analysis for Australian tourists to the Wet Tropics of Queensland World Heritage Area was undertaken in order to derive a consumer surplus value for use in examining benefits of sustainable tourism to the area. Randall's contention that travel cost analysis produces relative rather than absolute values of welfare was tested by using several different versions of travel cost specification, and found to be supported. Nevertheless, the analysis produced values of a magnitude that indicate high positive benefits from visitor use to the World Heritage Area, provided the area is managed to be ecologically sustainable.

Suggested Citation

  • Driml, Sally, 2002. "Travel Cost Analysis of Recreation Value in the Wet Tropics World Heritage Area," Economic Analysis and Policy, Elsevier, vol. 32(2), pages 11-26, June Spec.
    • Handle: RePEc:eee:ecanpo:v:32:y:2002:i:2:p:11-26
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    Citations

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    Cited by:

    1. Bruno S. Frey & Paolo Pamini, 2009. "Making world heritage truly global: the culture certificate scheme," IEW - Working Papers 419, Institute for Empirical Research in Economics - University of Zurich.
    2. Rolfe, John & Prayaga, Prabha, 2006. "Estimating Values for Recreational Fishing at Freshwater Dams in Queensland," 2006 Conference (50th), February 8-10, 2006, Sydney, Australia 139896, Australian Agricultural and Resource Economics Society.
    3. Sinclair, Michael & Mayer, Marius & Woltering, Manuel & Ghermandi, Andrea, 2020. "Valuing nature-based recreation using a crowdsourced travel cost method: A comparison to onsite survey data and value transfer," Ecosystem Services, Elsevier, vol. 45(C).
    4. Utpal Kumar De & Amrita Devi, 2011. "Valuing Recreational and Conservational Benefits of a Natural Tourist Site: Case of Cherrapunjee," Journal of Quantitative Economics, The Indian Econometric Society, vol. 9(2), pages 154-172, July.
    5. Marina Farr & Natalie Stoeckl & Rabiul Alam Beg, 2011. "The efficiency of the Environmental Management Charge in the Cairns management area of the Great Barrier Reef Marine Park," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 55(3), pages 322-341, July.
    6. Maria Rosa Trovato & Paolo Micalizzi & Salvatore Giuffrida, 2021. "Assessment of Landscape Co-Benefits in Natura 2000 Site Management Plans," Sustainability, MDPI, vol. 13(10), pages 1-38, May.
    7. Curtis, Ian A., 2004. "Valuing ecosystem goods and services: a new approach using a surrogate market and the combination of a multiple criteria analysis and a Delphi panel to assign weights to the attributes," Ecological Economics, Elsevier, vol. 50(3-4), pages 163-194, October.
    8. Rolfe, John & Prayaga, Prabha, 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 1-18.
    9. Armbrecht, John, 2014. "Use value of cultural experiences: A comparison of contingent valuation and travel cost," Tourism Management, Elsevier, vol. 42(C), pages 141-148.
    10. Mayer, Marius & Woltering, Manuel, 2018. "Assessing and valuing the recreational ecosystem services of Germany’s national parks using travel cost models," Ecosystem Services, Elsevier, vol. 31(PC), pages 371-386.
    11. George Halkos & Aikaterini Leonti & Eleni Sardianou, 2020. "Assessing the Preservation of Parks and Natural Protected Areas: A Review of Contingent Valuation Studies," Sustainability, MDPI, vol. 12(11), pages 1-24, June.

    More about this item

    Keywords

    Recreation;

    JEL classification:

    • Q26 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Recreational Aspects of Natural Resources
    • Q23 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Forestry

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