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Sustainable financing for ocean and coastal management in Jamaica: The potential for revenues from tourist user fees

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  • Edwards, Peter E.T.

Abstract

This study explores the feasibility of implementing a sustainable funding mechanism for ocean and coastal management in Jamaica. Results show that tourists are more willing to pay for an “environmental tax” than a general “tourism development tax”. The study found that an environmental surcharge of US$2 per person could generate $3.4M per year for management with 0.2% rate of decline in tourist visitation. Negative impacts from the imposition of additional taxes on annual tourist visitation rates could be minimised by providing information on how the revenues from the tax will be allocated for management activities.

Suggested Citation

  • Edwards, Peter E.T., 2008. "Sustainable financing for ocean and coastal management in Jamaica: The potential for revenues from tourist user fees," MPRA Paper 14769, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:14769
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    References listed on IDEAS

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    1. Timothy C. Haab & Kenneth E. McConnell, 2002. "Valuing Environmental and Natural Resources," Books, Edward Elgar Publishing, number 2427.
    2. Richard T. Carson, 2011. "Contingent Valuation," Books, Edward Elgar Publishing, number 2489.
    3. Giraud, Kelly & Turcin, Branka & Loomis, John & Cooper, Joseph, 2002. "Economic benefit of the protection program for the Steller sea lion," Marine Policy, Elsevier, vol. 26(6), pages 451-458, November.
    Full references (including those not matched with items on IDEAS)

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    Cited by:

    1. Vilela, Thais & Malky Harb, Alfonso & Mendizábal Vergara, Carla, 2022. "Chileans' willingness to pay for protected areas," Ecological Economics, Elsevier, vol. 201(C).
    2. Schuhmann, Peter W. & Mahon, Robin, 2015. "The valuation of marine ecosystem goods and services in the Caribbean: A literature review and framework for future valuation efforts," Ecosystem Services, Elsevier, vol. 11(C), pages 56-66.
    3. Ghermandi, Andrea & Nunes, Paulo A.L.D., 2013. "A global map of coastal recreation values: Results from a spatially explicit meta-analysis," Ecological Economics, Elsevier, vol. 86(C), pages 1-15.
    4. Jerome Agrusa & Cathrine Linnes & Joseph Lema & Jihye (Ellie) Min & Tony Henthorne & Holly Itoga & Harold Lee, 2021. "Tourism Well-Being and Transitioning Island Destinations for Sustainable Development," JRFM, MDPI, vol. 14(1), pages 1-14, January.
    5. Halkos, George, 2012. "The use of contingent valuation in assessing marine and coastal ecosystems’ water quality: A review," MPRA Paper 42183, University Library of Munich, Germany.
    6. Juan Ignacio Pulido-Fernández & Yaiza López-Sánchez, 2016. "Are Tourists Really Willing to Pay More for Sustainable Destinations?," Sustainability, MDPI, vol. 8(12), pages 1-20, November.
    7. Francisco López-del-Pino & José M. Grisolía, 2018. "Pricing Beach Congestion," Tourism Economics, , vol. 24(4), pages 449-472, June.
    8. Paulo A.L.D. Nunes & Rosimeiry Portela & Nalini Rao & Sonja S. Teelucksingh, 2009. "Recreational, Cultural and Aesthetic Services from Estuarine and Coastal Ecosystems," Working Papers 2009.121, Fondazione Eni Enrico Mattei.
    9. Shabbar Jaffry & Alexandros Apostolakis, 2011. "Evaluating individual preferences for the British Museum," Journal of Cultural Economics, Springer;The Association for Cultural Economics International, vol. 35(1), pages 49-75, February.
    10. Chen, Jyun-Long & Chen, Jun-Yu & Chuang, Ching-Ta & Lu, Hsueh-Jung & Liu, Hsiang-Hsi & Lin, Yu-Shang, 2014. "Developing a co-management financing mechanism to enhance the financial sustainability of marine protected areas in Taiwan," Marine Policy, Elsevier, vol. 48(C), pages 126-133.
    11. Gill, David A. & Schuhmann, Peter W. & Oxenford, Hazel A., 2015. "Recreational diver preferences for reef fish attributes: Economic implications of future change," Ecological Economics, Elsevier, vol. 111(C), pages 48-57.

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    More about this item

    Keywords

    Jamaica reefs; Resource management; Coastal tourism; Tourist user fees;
    All these keywords.

    JEL classification:

    • Q50 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - General
    • Q00 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - General - - - General
    • Q26 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Recreational Aspects of Natural Resources

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