Economics of Wildlife Tourism
AbstractAfter introducing the importance of the topic, we examine the economic impacts of wildlife tourism on income and employment as an indicator of the importance of this form of tourism. While such indicators can be important politically and to particular interest groups, they are shown to be an inadequate guide to the economic use and conservation of resources, including wildlife used in tourism. One reason for this (amongst others) is that total economic value must be taken into account in determining economic resource use and this is shown to be quite important in the case of wildlife species. Empirical procedures, such as use of the travel cost method and stated preference methods (for example, contingent valuation) are outlined and the way in which they can be used for determining the optimal economic allocation of land and other resources for wildlife tourism is explained. Economic implications and limitations of some empirical estimates of the importance of wildlife tourism are discussed. This leads on to a consideration of the purpose and usefulness of using economic instruments to manage wildlife tourism.
Download InfoIf 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.
Bibliographic InfoPaper provided by University of Queensland, School of Economics in its series Economics, Ecology and Environment Working Papers with number 48969.
Date of creation: Oct 2003
Date of revision:
economic impacts of wildlife tourism; conservation of resources; economic resource use; contingent valuation; Environmental Economics and Policy;
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.:
- Boxall, Peter C. & Adamowicz, Wiktor L. & Swait, Joffre & Williams, Michael & Louviere, Jordan, 1996. "A comparison of stated preference methods for environmental valuation," Ecological Economics, Elsevier, vol. 18(3), pages 243-253, September.
- Hanley, Nick & Mourato, Susana & Wright, Robert E, 2001. " Choice Modelling Approaches: A Superior Alternative for Environmental Valuation?," Journal of Economic Surveys, Wiley Blackwell, vol. 15(3), pages 435-62, July.
- Navrud, StAle & Mungatana, E. D., 1994. "Environmental valuation in developing countries: The recreational value of wildlife viewing," Ecological Economics, Elsevier, vol. 11(2), pages 135-151, November.
- Brown, Gardner M, Jr & Mendelsohn, Robert, 1984. "The Hedonic Travel Cost Method," The Review of Economics and Statistics, MIT Press, vol. 66(3), pages 427-33, August.
- Tisdell, Clement A., 1997. "Ecotourism: Aspects of Its Sustainability and Compatibility," Economics, Ecology and Environment Working Papers 53641, University of Queensland, School of Economics.
- Tisdell, Clement A. & Wilson, Clevo, 2000. "Wildlife-based Tourism and Increased Tourist Support for Nature Conservation Financially and Otherwise: Evidence from Sea Turtle Ecotourism at Mon Repos," Economics, Ecology and Environment Working Papers 48364, University of Queensland, School of Economics.
- Wilson, Clevo & Tisdell, Clement A., 2002. "Conservation and Economic Benefits of Wildlife-based Marine Tourism: Sea Turtles and Whales as Case Studies," Economics, Ecology and Environment Working Papers 48734, University of Queensland, School of Economics.
- Sinden, J A, 1977. "The Provision and Use of National Parks in Victoria: Empirical Tests of the Tisdell Propositions," Australian Economic Papers, Wiley Blackwell, vol. 16(29), pages 175-93, December.
- Motta, Ronaldo Ser A Da & Huber, Richard M. & Ruitenbeek, H. Jack, 1999. "Market based instruments for environmental policymaking in Latin America and the Caribbean: lessons from eleven countries," Environment and Development Economics, Cambridge University Press, vol. 4(02), pages 177-201, May.
- Ger Klaassen & David Pearce, 1995. "Introduction," Environmental & Resource Economics, European Association of Environmental and Resource Economists, vol. 5(2), pages 85-93, March.
- Ranken, R L & Sinden, J A, 1971. "Causal Factors in the Demand for Outdoor Recreation," The Economic Record, The Economic Society of Australia, vol. 47(119), pages 418-26, September.
- Tisdell, C., 1987. "Tourism, The Environment and Profit," Economic Analysis and Policy (EAP), Queensland University of Technology (QUT), School of Economics and Finance, vol. 17(1), pages 13-30.
- Bandara, Ranjith & Tisdell, Clement A., 2003. "Use and non-use values of wild Asian elephants: A total economic valuation approach," Economics, Ecology and Environment Working Papers 48961, University of Queensland, School of Economics.
- Tisdell, Clement A. & Wilson, Clevo, 2000. "Economic, Educational and Conservation Benefits of Sea Turtle Based Ecotourism: A Study focused on Mon Repos," Economics, Ecology and Environment Working Papers 55110, University of Queensland, School of Economics.
- Tisdell, Clement A., 2007. "The Economic Importance of Wildlife Conservation on the Otago Peninsula - 20 years on," Economics, Ecology and Environment Working Papers 55103, University of Queensland, School of Economics.
- Tisdell, Clement A. & Bandara, Ranjith, 2004. "Tourism as a contributor to development in Sri Lanka: An overview and a case study," Economics, Ecology and Environment Working Papers 48975, University of Queensland, School of Economics.
- Hurkens, Ruben R.C.M. & Tisdell, Clement A., 2004. "Recreational Fishing and Fishing Policies in the Netherlands and Australia: a Comparative Review," Economics, Ecology and Environment Working Papers 48978, University of Queensland, School of Economics.
- Tisdell, Clement A., 2003. "Notes on Market Failure and the Paretian (Kaldor-Hicks) Relevance and Irrelevance of Unfavourable Externalities," Economics, Ecology and Environment Working Papers 48970, University of Queensland, School of Economics.
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.