Political Economy of Protecting Unique Recreational Resources: Hanauma Bay, Hawaii
AbstractThe impact of tourism growth on the environment has become an increasingly important public issue in travel destinations. We review Honolulu's recent experience in designing management strategies to protect one of its most popular, unique, and endangered natural recreational resources, Hanauma Bay Nature Park. We explain why Honolulu City Council members first adopted non-price rationing techniques to reduce visits at the park and later added an admission fee only to replace it with a lower and less efficiency-enhancing fee structure. Lawmakers desire (a) a quality environment, (b) to collect economic rents (i.e., achieve economic efficiency) for the benefit of the general public, and yet must (c) achieve a political equilibrium. As Honolulu's experience demonstrates, goals (a) and (b) often conflict with (c), yielding typically a second-best outcome. Efficiency can be attained only if it is also consistent with attaining political equilibrium.
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 Hawaii at Manoa, Department of Economics in its series Working Papers with number 199708.
Length: 34 pages
Date of creation: 1997
Date of revision:
Other versions of this item:
- James Mak & James E.T. Moncur, 1996. "Political Economy of Protecting Unique Recreational Resources: Hanauma Bay, Hawai'i," Working Papers 199606, University of Hawaii at Manoa, Department of Economics.
You can help add them by filling out this form.
CitEc Project, subscribe to its RSS feed for this item.
- Penn, Jerrod & Hu, Wuyang & Cox, Linda J. & Kozloff, Lara, 2012. "Beach Quality and Recreational Values: A Pictorialized Stated Preference Analysis of Residents and Tourists," 2012 Annual Meeting, February 4-7, 2012, Birmingham, Alabama 119813, Southern Agricultural Economics Association.
- Brown, Katrina & Adger, W. Neil & Tompkins, Emma & Bacon, Peter & Shim, David & Young, Kathy, 2001. "Trade-off analysis for marine protected area management," Ecological Economics, Elsevier, vol. 37(3), pages 417-434, June.
- Brander, Luke M. & Van Beukering, Pieter & Cesar, Herman S.J., 2007. "The recreational value of coral reefs: A meta-analysis," Ecological Economics, Elsevier, vol. 63(1), pages 209-218, June.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Web Technician).
If references are entirely missing, you can add them using this form.