Estimation of the Recreational Use Value Gained from Recreational Fishing of Southern Bluefin Tuna at Portland, Australia
AbstractSouthern bluefin tuna (Thunnus Maccoyii) is a global resource which is critically endangered. The Committee for the Conservation of Southern Bluefin Tuna (CCSBT) sets commercial quota levels for member nations, including Australia, each year. However, southern bluefin tuna is also a popular “trophy” fish with recreational anglers and the size of the total recreational catch in Australia is unknown but thought to be significant. This study focuses on the recreational southern bluefin tuna catch at Portland, in southwest Victoria and is based on data collected during the 2010 fishing season. The results indicate that the size of the recreational catch at Portland is significant in terms of the management of the fishery. A travel cost study was undertaken to estimate the recreational value of the fishery. The on-site recreational use value (consumer surplus) per person per visit is estimated to be between $33 and $132 and the on-site annual recreational use value of the fishery for this one season is estimated to be between $449,533 and $1,325,124.
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Bibliographic InfoPaper provided by Australian Agricultural and Resource Economics Society in its series 2011 Conference (55th), February 8-11, 2011, Melbourne, Australia with number 100546.
Date of creation: 2011
Date of revision:
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Postal: AARES Central Office Manager, Crawford School of Public Policy, ANU, Canberra ACT 0200
Phone: 0409 032 338
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More information through EDIRC
Travel cost method; recreational fishing; southern bluefin tuna; Resource /Energy Economics and Policy;
This paper has been announced in the following NEP Reports:
- NEP-ALL-2011-03-05 (All new papers)
- NEP-ENV-2011-03-05 (Environmental Economics)
- NEP-TUR-2011-03-05 (Tourism Economics)
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Fleming, Christopher M. & Cook, Averil, 2007. "The recreational value of Lake McKenzie: An application of the travel cost method," 2007 Conference (51st), February 13-16, 2007, Queenstown, New Zealand 10382, Australian Agricultural and Resource Economics Society.
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