IDEAS home Printed from https://ideas.repec.org/a/eee/ecoser/v11y2015icp106-114.html
   My bibliography  Save this article

The recreational value of gold coast beaches, Australia: An application of the travel cost method

Author

Listed:
  • Zhang, Fan
  • Wang, Xiao Hua
  • Nunes, Paulo A.L.D.
  • Ma, Chunbo

Abstract

The Gold Coast beaches are among Australia’s most popular beaches and rank among the world’s best-known beaches. A good understanding of the characteristics of beach users and their recreational use values is of fundamental importance to formulate effective beach management policy. This paper, using the individual travel cost method, estimates the recreational use value of Gold Coast beaches. The value of a single beach visit is estimated to be $19.47 per person. Furthermore, the efficiency of the value transfer method is analysed in this study. To do this, the recreational value of Gold Coast beaches transferred from the relevant studies conducted for other Australian beaches is compared with this study.

Suggested Citation

  • 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.
    • Handle: RePEc:eee:ecoser:v:11:y:2015:i:c:p:106-114
    DOI: 10.1016/j.ecoser.2014.09.001
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S2212041614000990
    Download Restriction: Full text for ScienceDirect subscribers only
    File URL: https://libkey.io/10.1016/j.ecoser.2014.09.001?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Blackwell, Boyd, 2007. "The Value of a Recreational Beach Visit: An Application to Mooloolaba Beach and Comparisons with other Outdoor Recreation Sites," Economic Analysis and Policy, Elsevier, vol. 37(1), pages 77-98, March.
    2. Downing, Mark & Ozuna, Teofilo Jr., 1996. "Testing the Reliability of the Benefit Function Transfer Approach," Journal of Environmental Economics and Management, Elsevier, vol. 30(3), pages 316-322, May.
    3. 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.
    4. Rolfe, John & Gregg, Daniel, 2012. "Valuing Beach Recreation Across a Regional Area: The Great Barrier Reef in Australia," 2012 Conference (56th), February 7-10, 2012, Fremantle, Australia 124433, Australian Agricultural and Resource Economics Society.
    5. Nunes, Paulo A. L. D. & van den Bergh, Jeroen C. J. M., 2001. "Economic valuation of biodiversity: sense or nonsense?," Ecological Economics, Elsevier, vol. 39(2), pages 203-222, November.
    6. Michael D. Creel & John B. Loomis, 1990. "Theoretical and Empirical Advantages of Truncated Count Data Estimators for Analysis of Deer Hunting in California," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 72(2), pages 434-441.
    7. I. M. Dobbs, 1993. "Adjusting For Sample Selection Bias In The Individual Travel Cost Method," Journal of Agricultural Economics, Wiley Blackwell, vol. 44(2), pages 335-342, May.
    8. Jeff Bennett, 1996. "Estimating the Recreation Use Values of National Parks," Tourism Economics, , vol. 2(4), pages 303-320, December.
    9. Regina Riphahn & Oliver Serfling, 2005. "Item non-response on income and wealth questions," Empirical Economics, Springer, vol. 30(2), pages 521-538, September.
    10. Shaw, Daigee, 1988. "On-site samples' regression : Problems of non-negative integers, truncation, and endogenous stratification," Journal of Econometrics, Elsevier, vol. 37(2), pages 211-223, February.
    11. Hanley, Nick & Shogren, Jason & White, Ben, 2013. "Introduction to Environmental Economics," OUP Catalogue, Oxford University Press, edition 2, number 9780199568734.
    12. John Rolfe & Brenda Dyack, 2011. "Valuing Recreation in the Coorong, Australia, with Travel Cost and Contingent Behaviour Models," The Economic Record, The Economic Society of Australia, vol. 87(277), pages 282-293, June.
    13. Englin Jeffrey & Shonkwiler J. S., 1995. "Modeling Recreation Demand in the Presence of Unobservable Travel Costs: Toward a Travel Price Model," Journal of Environmental Economics and Management, Elsevier, vol. 29(3), pages 368-377, November.
    14. Frank A. Ward & Diana Beal, 2000. "Valuing Nature with Travel Cost Models," Books, Edward Elgar Publishing, number 1768.
    15. J. Scott Long & Jeremy Freese, 2006. "Regression Models for Categorical Dependent Variables using Stata, 2nd Edition," Stata Press books, StataCorp LP, edition 2, number long2.
    16. 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.
    17. K. G. Willis & G. D. Garrod, 1991. "An Individual Travel‐Cost Method Of Evaluating Forest Recreation," Journal of Agricultural Economics, Wiley Blackwell, vol. 42(1), pages 33-42, January.
    18. Barton, David N., 2002. "The transferability of benefit transfer: contingent valuation of water quality improvements in Costa Rica," Ecological Economics, Elsevier, vol. 42(1-2), pages 147-164, August.
    19. Hesseln, Hayley & Loomis, John B. & González-Cabán, Armando, 2004. "Comparing the economic effects of fire on hiking demand in Montana and Colorado," Journal of Forest Economics, Elsevier, vol. 10(1), pages 21-35, May.
    20. John Asafu-Adjaye, 2005. "Environmental Economics for Non-Economists:Techniques and Policies for Sustainable Development," World Scientific Books, World Scientific Publishing Co. Pte. Ltd., number 5727, February.
    21. William G. Brown & Farid Nawas, 1973. "Impact of Aggregation on the Estimation of Outdoor Recreation Demand Functions," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 55(2), pages 246-249.
    22. Russell L. Gum & William E. Martin, 1975. "Problems and Solutions in Estimating the Demand for and Value of Rural Outdoor Recreation," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 57(4), pages 558-566.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Wan-Yu Liu & Pin-Zheng Chen & Chi-Ming Hsieh, 2019. "Assessing the Recreational Value of a National Forest Park from Ecotourists’ Perspective in Taiwan," Sustainability, MDPI, vol. 11(15), pages 1-17, July.
    2. Pascoe, Sean, 2019. "Recreational beach use values with multiple activities," Ecological Economics, Elsevier, vol. 160(C), pages 137-144.
    3. 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.
    4. Prayaga, Prabha, 2017. "Estimating the value of beach recreation for locals in the Great Barrier Reef Marine Park, Australia," Economic Analysis and Policy, Elsevier, vol. 53(C), pages 9-18.
    5. 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.
    6. Edwin Muchapondwa & Eyoual Demeke & Samson Mukanjari, 2018. "Recreation Demand and Optimal Pricing for International Visitors to Kruger National Park," Working Papers 743, Economic Research Southern Africa.
    7. Roberto Martinez-Espineira & Joe Amoako-Tuffour, 2005. "Recreation Demand Analysis under Truncation, Overdispersion, and Endogenous Stratification: An Application to Gros Morne National Park," Econometrics 0511007, University Library of Munich, Germany.
    8. Amoako-Tuffour, Joe & Martınez-Espineira, Roberto, 2008. "Leisure and the Opportunity Cost of Travel Time in Recreation Demand Analysis: A Re-Examination," MPRA Paper 8573, University Library of Munich, Germany.
    9. Wai Soe Zin & Aya Suzuki & Kelvin S.-H. Peh & Alexandros Gasparatos, 2019. "Economic Value of Cultural Ecosystem Services from Recreation in Popa Mountain National Park, Myanmar: A Comparison of Two Rapid Valuation Techniques," Land, MDPI, vol. 8(12), pages 1-20, December.
    10. Atalel Wubalem & Teshale Woldeamanuel & Zerihun Nigussie, 2023. "Economic Valuation of Lake Tana: A Recreational Use Value Estimation through the Travel Cost Method," Sustainability, MDPI, vol. 15(8), pages 1-20, April.
    11. 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.
    12. Isabel Mendes & Isabel Proença, 2005. "Estimating the Recreation Value of Ecosystems by Using a Travel Cost Method Approach," Working Papers Department of Economics 2005/08, ISEG - Lisbon School of Economics and Management, Department of Economics, Universidade de Lisboa.
    13. Rolfe, John & Gregg, Daniel, 2012. "Valuing Beach Recreation Across a Regional Area: The Great Barrier Reef in Australia," 2012 Conference (56th), February 7-10, 2012, Fremantle, Australia 124433, Australian Agricultural and Resource Economics Society.
    14. Simões, Paula & Barata, Eduardo & Cruz, Luís, 2013. "Joint estimation using revealed and stated preference data: An application using a national forest," Journal of Forest Economics, Elsevier, vol. 19(3), pages 249-266.
    15. Craig E. Landry & Alyson R. Lewis & Haiyong Liu & Hans Vogelsong, 2016. "Addressing Onsite Sampling in Analysis of Recreation Demand: Economic Value and Impact of Visitation to Cape Hatteras National Seashore," Marine Resource Economics, University of Chicago Press, vol. 31(3), pages 301-322.
    16. Isabel Mendes & Isabel Proença, 2009. "Measuring the Social Recreation Per-Day Net Benefit of Wildlife Amenities of a National Park: A Count-Data Travel Cost Approach," Working Papers Department of Economics 2009/35, ISEG - Lisbon School of Economics and Management, Department of Economics, Universidade de Lisboa.
    17. Hynes, Stephen & Gaeven, Rainey & O'Reilly, Paul, 2017. "Estimating a Total Demand Function for Sea Angling Pursuits," Ecological Economics, Elsevier, vol. 134(C), pages 73-81.
    18. Chris Neher & David Patterson & John Duffield & Katherine Neher, 2019. "Convergent validity of alternative dependent variable specifications for individual travel cost models," Environmental Economics and Policy Studies, Springer;Society for Environmental Economics and Policy Studies - SEEPS, vol. 21(2), pages 307-324, April.
    19. Ovaskainen, Ville & Neuvonen, Marjo & Pouta, Eija, 2012. "Modelling recreation demand with respondent-reported driving cost and stated cost of travel time: A Finnish case," Journal of Forest Economics, Elsevier, vol. 18(4), pages 303-317.
    20. McKean, John R. & Johnson, Donn M. & Taylor, R. Garth, 2001. "The Value Of Sport Fishing In The Snake River Basin Of Central Idaho," 2001 Annual Meeting, July 8-11, 2001, Logan, Utah 36190, Western Agricultural Economics Association.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:ecoser:v:11:y:2015:i:c:p:106-114. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: https://www.journals.elsevier.com/ecosystem-services .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.