Valuing Blue Flag Status And Estuarine Water Quality In Margate, South Africa
AbstractThis study estimates the costs associated with reduced water quality and withdrawal of Blue Flag status in Margate, Kwazulu-Natal, based on travel costs and contingent behaviour (reported change in visits contingent on a hypothetical scenario). Costs associated with hypothetical loss of Blue Flag status (based on reduced visits) range between R17 and R25 million per annum. Interestingly, Blue Flag status was withdrawn shortly after completion of the survey, owing to reduced water quality. This study therefore provides an estimate of the associated welfare losses, and of the benefits of actions to improve water quality and restore Blue Flag status. Copyright (c) 2008 The Authors. Journal compilation (c) 2008 Economic Society of South Africa.
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Bibliographic InfoArticle provided by Economic Society of South Africa in its journal South African Journal of Economics.
Volume (Year): 76 (2008)
Issue (Month): 4 (December)
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- Halkos, George, 2011. "Economic valuation of coastal zone quality improvements," MPRA Paper 35395, University Library of Munich, Germany.
- Mario Du Preez & Deborah Ellen Lee & Stephen Gerald Hosking, 2011. "The recreational value of beaches in the Nelson Mandela Bay area, South Africa," Working Papers 239, Economic Research Southern Africa.
- 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.
- Halkos, George & Matsiori, Steriani, 2012. "Determinants of willingness to pay for coastal zone quality improvement," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 41(4), pages 391-399.
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