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The value of recreational fishing in the Great Barrier Reef, Australia: A pooled revealed preference and contingent behaviour model

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  • Prayaga, Prabha
  • Rolfe, John
  • Stoeckl, Natalie

Abstract

Given the focus on protecting natural assets in the Great Barrier Reef Marine Park in Australia, it is important for managers and policy makers to understand the value of recreational fishing in the area, and how changes in management may affect those recreational values. Travel cost methods were used to estimate the value of recreational fishing in the Capricorn Coast in Central Queensland using data from on-site surveys conducted at boat ramps. The study also uses contingent behaviour models to estimate the change in the value of recreational fishing as conditions vary. Results indicate that there are high values associated with recreational fishing activity along the Capricorn Coast, and that the demand for recreational fishing is inelastic and that values are relatively insensitive to changes in catch rates.

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Bibliographic Info

Article provided by Elsevier in its journal Marine Policy.

Volume (Year): 34 (2010)
Issue (Month): 2 (March)
Pages: 244-251

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Handle: RePEc:eee:marpol:v:34:y:2010:i:2:p:244-251

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Web page: http://www.elsevier.com/locate/marpol

Related research

Keywords: Recreational fishing Count data Contingent behaviour Great Barrier Reef;

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Cited by:
  1. Jill Windle & John Rolfe, 2010. "Assessing community values for reducing agricultural emissions to improve water quality and protect coral health in the Great Barrier Reef," Environmental Economics Research Hub Research Reports 1084, Environmental Economics Research Hub, Crawford School of Public Policy, The Australian National University.
  2. Windle, Jill & Rolfe, John, 2010. "Assessing community values for reducing agricultural emissions to improve water quality and protect coral health in the Great Barrier Reef," Research Reports 107583, Australian National University, Environmental Economics Research Hub.
  3. Lienhoop, Nele & Ansmann, Till, 2011. "Valuing water level changes in reservoirs using two stated preference approaches: An exploration of validity," Ecological Economics, Elsevier, vol. 70(7), pages 1250-1258, May.
  4. Doshi, Amar & Pascoe, Sean, 2013. "Investigating the effects of sample heterogeneity on the travel cost model for coral diving in Southeast Asia," 2013 Conference (57th), February 5-8, 2013, Sydney, Australia 152146, Australian Agricultural and Resource Economics Society.
  5. Ivanova, Galina & Rolfe, John, 2011. "Assessing development options in mining communities using stated preference techniques," Resources Policy, Elsevier, vol. 36(3), pages 255-264, September.
  6. Kerr, Geoffrey N. & Latham, N., 2011. "The Value of Recreational Inshore Marine Fishing," 2011 Conference, August 25-26, 2011, Nelson, New Zealand 115408, New Zealand Agricultural and Resource Economics Society.

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