Advanced Search
MyIDEAS: Login to save this paper or follow this series

The recreational value of Lake McKenzie: An application of the travel cost method

Contents:

Author Info

  • Fleming, Christopher M.
  • Cook, Averil

Abstract

Lake McKenzie is one of the most highly used and popular visitor destinations of all Fraser Island’'s natural sites, attracting 2,000 visitors a day in peak periods. Many consider this level of visitation to be unsustainable and the management authority is considering a range of management options. In assessing the alternatives it is useful to have some idea of the recreational value of the Lake under the current regime. This paper estimates this value using the travel cost method. Once adjustments for multiple-site visitors are made, the method yields recreational values of the Lake ranging from $13.7 M. to $31.8 M per annum, or from $104.30 to $242.84 per-person per-visit.

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.
File URL: http://purl.umn.edu/10382
Download Restriction: no

Bibliographic Info

Paper provided by Australian Agricultural and Resource Economics Society in its series 2007 Conference (51st), February 13-16, 2007, Queenstown, New Zealand with number 10382.

as in new window
Length:
Date of creation: 2007
Date of revision:
Handle: RePEc:ags:aare07:10382

Contact details of provider:
Postal: AARES Central Office Manager, Crawford School of Public Policy, ANU, Canberra ACT 0200
Phone: 0409 032 338
Email:
Web page: http://www.aares.info/
More information through EDIRC

Related research

Keywords: Lake McKenzie; travel cost method; recreation; Fraser Island; Resource /Energy Economics and Policy;

References

No references listed on IDEAS
You can help add them by filling out this form.

Citations

Blog mentions

As found by EconAcademics.org, the blog aggregator for Economics research:
  1. 218 – Valuing environmental intangibles, part 1: The options
    by David Pannell in Pannell Discussions on 2012-06-26 12:07:12
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
as in new window

Cited by:
  1. Ezzy, Edward & Scarborough, Helen, 2011. "Estimation of the Recreational Use Value Gained from Recreational Fishing of Southern Bluefin Tuna at Portland, Australia," 2011 Conference (55th), February 8-11, 2011, Melbourne, Australia 100546, Australian Agricultural and Resource Economics Society.
  2. 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.
  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. Alvarez, Sergio & Larkin, Sherry L., 2008. "Valuing Recreational Benefits of a National Park in Andean Colombia," 2008 Annual Meeting, February 2-6, 2008, Dallas, Texas 6732, Southern Agricultural Economics Association.

Lists

This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

Statistics

Access and download statistics

Corrections

When requesting a correction, please mention this item's handle: RePEc:ags:aare07:10382. See general information about how to correct material in RePEc.

For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (AgEcon Search).

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.