The value of the trout fishery at Rhodes, North Eastern Cape, South Africa: a travel cost analysis using count data models
Abstract
Recent government legislation in South Africa (the National Environmental Management: Biodiversity Act, No.10 of 2004) calls for the removal of trout from ecosystems and habitats where they may cause harm. The elimination of trout would, however, undermine the tourism appeal of many upper catchments in South Africa to recreational fishers. This paper reports the first formal recreational valuation of a trout fishery in South Africa - the one in and around Rhodes village, North Eastern Cape. The valuation is carried out by applying the individual travel cost method using several count data models. The zero truncated negative binomial model which allows for the non-negative integer nature of the trip data, for truncation as well as for over-dispersion, found that the consumer surplus per day and per trip to the Rhodes trout fishery was ZAR2 668 (US$334) and ZAR13,072 (US$1634), respectively in the year 2007, and the total consumer surplus generated was ZAR18,026,288 (US$2 253,286).Download Info
If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
Bibliographic Info
Article provided by Taylor and Francis Journals in its journal Journal of Environmental Planning and Management.
Volume (Year): 54 (2011)
Issue (Month): 2 ()
Pages: 267-282
Contact details of provider:
Web page: http://www.informaworld.com/smpp/title~content=t713429786~db=all
Order Information:
Web: http://www.tandf.co.uk/journals/subscription.asp
Related research
Keywords: trout; South Africa; travel cost method; count data; recreational value;References
No references listed on IDEASYou can help add them by filling out this form.
Citations
Lists
This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.Statistics
Access and download statisticsCorrections
When requesting a correction, please mention this item's handle: RePEc:taf:jenpmg:v:54:y:2011:i:2:p:267-282For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Michael McNulty).
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 references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link 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 profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.