IDEAS home Printed from https://ideas.repec.org/a/eee/ecanpo/v58y2018icp167-178.html
   My bibliography  Save this article

Assessing the economic benefits of a tourist access road: A case study in regional coastal Australia

Author

Listed:
  • Rolfe, John
  • Flint, Nicole

Abstract

Self-drive tourism opportunities are often advanced as a strategy for economic development in rural and regional areas. In many cases the tourism appeal of an area can be enhanced through the provision of flagship attractions, services and infrastructure such as roads and signage. However evaluation of potential investments requires an assessment of the benefits, which requires prediction of future use. In this paper the methodology to assess the impacts and values of investing in road infrastructure are outlined, together with a case study application to Queensland’s Capricorn Coast. This tourism area is bypassed to the east of the main coastal highway and is accessible only through a regional highway city. The economic benefits of a northern access road to encourage tourism at the coast have been assessed. This study demonstrates how to conduct economic analyses before investing resources into new tourist access roads.

Suggested Citation

  • Rolfe, John & Flint, Nicole, 2018. "Assessing the economic benefits of a tourist access road: A case study in regional coastal Australia," Economic Analysis and Policy, Elsevier, vol. 58(C), pages 167-178.
    • Handle: RePEc:eee:ecanpo:v:58:y:2018:i:c:p:167-178
    DOI: 10.1016/j.eap.2017.09.003
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0313592617301042
    Download Restriction: Full text for ScienceDirect subscribers only
    File URL: https://libkey.io/10.1016/j.eap.2017.09.003?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. John Rolfe & Brenda Dyack, 2010. "Testing for convergent validity between travel cost and contingent valuation estimates of recreation values in the Coorong, Australia ," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 54(4), pages 583-599, October.
    2. Kovalevich L. S., 2011. "Research theoretical approaches railway reform of the world," Вісник економіки транспорту і промисловості, CyberLeninka;Украинская государственная академия железнодорожного транспорта, issue 35, pages 256-260.
    3. Denstadli, Jon Martin & Jacobsen, Jens Kr. Steen, 2011. "The long and winding roads: Perceived quality of scenic tourism routes," Tourism Management, Elsevier, vol. 32(4), pages 780-789.
    4. Manas Ranjan Pani & Amit Agrahari & S. K. De & G. Sahoo, 2011. "Literature Review and Research Issues in e-Procurement," Management and Labour Studies, XLRI Jamshedpur, School of Business Management & Human Resources, vol. 36(3), pages 225-246, August.
    5. Peng Hui Lv & Gui-Fang Wang & Yong Wan & Jia Liu & Qing Liu & Fei-cheng Ma, 2011. "Bibliometric trend analysis on global graphene research," Scientometrics, Springer;Akadémiai Kiadó, vol. 88(2), pages 399-419, August.
    6. Bonnafous, Alain & Jensen, Pablo, 2005. "Ranking transport projects by their socioeconomic value or financial internal rate of return?," Transport Policy, Elsevier, vol. 12(2), pages 131-136, March.
    7. 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.
    8. Onil Banerjee & Martin Henseler & Hélène Maisonnave & Lulit Mitik Beyene & Mercedes Velasco, 2017. "An integrated model for evaluating investments in cultural heritage tourism in the Dominican Republic," Tourism Economics, , vol. 23(8), pages 1568-1580, December.
    9. Qu, Xiao-juan, 2011. "Research on the Urban Integration of Land-losing Farmers," Asian Agricultural Research, USA-China Science and Culture Media Corporation, vol. 3(01), pages 1-5, January.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Mavraki, Christina & Arabatzis, Garyfallos & Kantartzis, Apostolos & Malesios, Chrisovalantis, 2020. "Fostering regional development in eastern Macedonia and Thrace, Greece, through road transport projects," Economic Analysis and Policy, Elsevier, vol. 65(C), pages 56-67.
    2. Nguyen, Manh-Hung & Nguyen, Thi Lan Anh & Nguyen, Tuan & Reynaud, Arnaud & Simioni, Michel & Hoang, Viet-Ngu, 2021. "Economic analysis of choices among differing measures to manage coastal erosion in Hoi An (a UNESCO World Heritage Site)," Economic Analysis and Policy, Elsevier, vol. 70(C), pages 529-543.
    3. Jyoti Mitra & Clevo Wilson & Shunsuke Managi & Parvinder Kler & Prabha Prayaga & Uttam Khanal, 2019. "What determines whale watching tourists’ expenditure? A study from Hervey Bay, Australia," Tourism Economics, , vol. 25(7), pages 1134-1141, November.
    4. Sandra P. Cruz & Cláudia Ribeiro de Almeida & Pedro Pintassilgo & Ricardo Raimundo, 2022. "Sustainable Drive Tourism Routes: A Systematic Literature Review," Social Sciences, MDPI, vol. 11(11), pages 1-18, November.

    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. Goio Etxebarria & Mikel Gomez-Uranga & Jon Barrutia, 2012. "Tendencies in scientific output on carbon nanotubes and graphene in global centers of excellence for nanotechnology," Scientometrics, Springer;Akadémiai Kiadó, vol. 91(1), pages 253-268, April.
    2. Bartosz Bursa & Markus Mailer & Kay W. Axhausen, 2022. "Intra-destination travel behavior of alpine tourists: a literature review on choice determinants and the survey work," Transportation, Springer, vol. 49(5), pages 1465-1516, October.
    3. Musso, Enrico & Ferrari, Claudio & Benacchio, Marco, 2006. "Port Investment: Profitability, Economic Impact and Financing," Research in Transportation Economics, Elsevier, vol. 16(1), pages 171-218, January.
    4. Bhagaban Behera, 2013. "Drug Trafficking as a Non-Traditional Security Threat to Central Asian States," Jadavpur Journal of International Relations, , vol. 17(2), pages 229-251, December.
    5. Minchul Lee & Min Song, 2020. "Incorporating citation impact into analysis of research trends," Scientometrics, Springer;Akadémiai Kiadó, vol. 124(2), pages 1191-1224, August.
    6. Bernard Lapeyre & Emile Quinet, 2017. "A Simple GDP-based Model for Public Investments at Risk," Post-Print hal-01666574, HAL.
    7. Carlo Fezzi & Mauro Derek J. Ford & Kirsten L.L. Oleson, 2022. "The economic value of coral reefs: climate change impacts and spatial targeting of restoration measures," DEM Working Papers 2022/5, Department of Economics and Management.
    8. Windle, Jill & Rolfe, John, 2013. "The limitations of applying benefit transfer to assess the value of ecosystem services in a “generic” peri-urban, coastal town in Australia," 2013 Conference (57th), February 5-8, 2013, Sydney, Australia 152183, Australian Agricultural and Resource Economics Society.
    9. 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.
    10. Alba Santa Soriano & Carolina Lorenzo Álvarez & Rosa María Torres Valdés, 2018. "Bibliometric analysis to identify an emerging research area: Public Relations Intelligence—a challenge to strengthen technological observatories in the network society," Scientometrics, Springer;Akadémiai Kiadó, vol. 115(3), pages 1591-1614, June.
    11. Arho Suominen, 2014. "Phases of growth in a green tech research network: a bibliometric evaluation of fuel cell technology from 1991 to 2010," Scientometrics, Springer;Akadémiai Kiadó, vol. 100(1), pages 51-72, July.
    12. Krzysztof Klincewicz, 2016. "The emergent dynamics of a technological research topic: the case of graphene," Scientometrics, Springer;Akadémiai Kiadó, vol. 106(1), pages 319-345, January.
    13. Pascoe, Sean, 2019. "Recreational beach use values with multiple activities," Ecological Economics, Elsevier, vol. 160(C), pages 137-144.
    14. Lijuan Du & Wenliang Chen, 2022. "Political Discourse and Translation Studies. A Bibliometric Analysis in International Core Journals," SAGE Open, , vol. 12(1), pages 21582440221, March.
    15. 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.
    16. Seung-Pyo Jun, 2012. "An empirical study of users’ hype cycle based on search traffic: the case study on hybrid cars," Scientometrics, Springer;Akadémiai Kiadó, vol. 91(1), pages 81-99, April.
    17. Weishu Liu & Mengdi Gu & Guangyuan Hu & Chao Li & Huchang Liao & Li Tang & Philip Shapira, 2014. "Profile of developments in biomass-based bioenergy research: a 20-year perspective," Scientometrics, Springer;Akadémiai Kiadó, vol. 99(2), pages 507-521, May.
    18. Pascoe, Sean & Doshi, Amar & Kovac, Mladen & Austin, Angelica, 2019. "Estimating coastal and marine habitat values by combining multi-criteria methods with choice experiments," Ecosystem Services, Elsevier, vol. 38(C), pages 1-1.
    19. Saúl Torres-Ortega & Rubén Pérez-Álvarez & Pedro Díaz-Simal & Julio Manuel De Luis-Ruiz & Felipe Piña-García, 2018. "Economic Valuation of Cultural Heritage: Application of Travel Cost Method to the National Museum and Research Center of Altamira," Sustainability, MDPI, vol. 10(7), pages 1-13, July.
    20. Youliang Huang & Qian Huang & Sajid Ali & Xing Zhai & Xiaoming Bi & Renquan Liu, 2016. "Rehabilitation using virtual reality technology: a bibliometric analysis, 1996–2015," Scientometrics, Springer;Akadémiai Kiadó, vol. 109(3), pages 1547-1559, December.

    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:ecanpo:v:58:y:2018:i:c:p:167-178. 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: http://www.journals.elsevier.com/economic-analysis-and-policy .

    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.