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A Travel Cost Analysis of the Australian Alps

Author

Listed:
  • Natalie Stoeckl

    (School of Business, James Cook University, Townsville, Queensland 4811, Australia)

  • Trevor Mules

    (University of Canberra, ACT 2601, Australia)

Abstract

This paper uses the ‘quick and dirty’ travel cost method (TCM) to generate a range of estimates of one part of the environmental value of the Australian Alps: the recreation use value (RUV). Data for the study were collected during 2001/02 from 4,791 visitor surveys which provided information on 18,480 individuals who were visiting seven different regions of the Australian Alps across three states. The range of estimates is between $10 billion and $200 billion – that range varying across a variety of plausible travel costs and other research judgements.

Suggested Citation

  • Natalie Stoeckl & Trevor Mules, 2006. "A Travel Cost Analysis of the Australian Alps," Tourism Economics, , vol. 12(4), pages 495-518, December.
    • Handle: RePEc:sae:toueco:v:12:y:2006:i:4:p:495-518
    DOI: 10.5367/000000006779320006
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    References listed on IDEAS

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    1. Peter P. Caulkins & Richard C. Bishop & Nicolaas W. Bouwes, 1986. "The Travel Cost Model for Lake Recreation: A Comparison of Two Methods for Incorporating Site Quality and Substitution Effects," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 68(2), pages 291-297.
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    7. Abraham E. Haspel & F. Reed Johnson, 1982. "Multiple Destination Trip Bias in Recreation Benefit Estimation," Land Economics, University of Wisconsin Press, vol. 58(3), pages 364-372.
    8. John R. McKean & Charles F. Revier, 1990. "An Extension of: "Omitted Cross-Price Variable Biases in the Linear Travel Cost Model: Correcting Common Misperceptions"," Land Economics, University of Wisconsin Press, vol. 66(4), pages 430-436.
    9. V. Kerry Smith & Yoshiaki Kaoru, 1990. "Signals or Noise? Explaining the Variation in Recreation Benefit Estimates," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 72(2), pages 419-433.
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    Cited by:

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    2. de Frutos, Pablo & Rodríguez-Prado, Beatriz & Latorre, Joaquín & Martínez-Peña, Fernando, 2019. "Environmental valuation and management of wild edible mushroom picking in Spain," Forest Policy and Economics, Elsevier, vol. 100(C), pages 177-187.
    3. Hynes, Stephen & Burger, Ryan & Tudella, João & Norton, Daniel & Chen, Wenting, 2022. "Estimating the costs and benefits of protecting a coastal amenity from climate change-related hazards: Nature based solutions via oyster reef restoration versus grey infrastructure," Ecological Economics, Elsevier, vol. 194(C).
    4. Jones, Thomas E. & Yang, Yang & Yamamoto, Kiyotatsu, 2017. "Assessing the recreational value of world heritage site inscription: A longitudinal travel cost analysis of Mount Fuji climbers," Tourism Management, Elsevier, vol. 60(C), pages 67-78.
    5. 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.
    6. 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.

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