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Estimating The Value Of National Parks To The Queensland Economy

Author

Listed:
  • Dr Sally Driml

    (Business School, University of Queensland, Brisbane, Australia)

  • Associate Professor Richard Brown

    (School of Economics, University of Queensland, Brisbane, Australia)

  • Ms Claudia Moreno Silva

    (Business School, University of Queensland, Brisbane, Australia)

Abstract

We estimate the annual contribution of national parks to the Queensland economy through the collection and analysis of primary data from surveys of national park users, combined with secondary tourism data. We calculate the annual value added and jobs supported, direct and indirect, from additional tourist expenditure attributable to national parks. The questionnaire also allowed for the application of an adapted Travel Cost Method to estimate the non-market values (consumer surplus) to direct users of the parks for recreational purposes. We address a number of methodological challenges in survey design and apply innovative adaptations to standard techniques to address these. We also provide upper- and lower-bound estimates. Our estimates suggest that the equivalent of $6.3 in benefits are generated per $1 spent on national park visitor management each year, excluding other non-monetary benefits such as conservation, health, and other environmental and social benefits, highlighting the implications for government funding of national parks management and conservation .

Suggested Citation

  • Dr Sally Driml & Associate Professor Richard Brown & Ms Claudia Moreno Silva, 2020. "Estimating The Value Of National Parks To The Queensland Economy," Discussion Papers Series 636, School of Economics, University of Queensland, Australia.
  • Handle: RePEc:qld:uq2004:636
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    File URL: https://economics.uq.edu.au/files/39721/636.pdf
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    More about this item

    Keywords

    National Parks’; Queensland economy; tourism expenditure; consumer surplus; non-market valuation;
    All these keywords.

    JEL classification:

    • Q26 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Recreational Aspects of Natural Resources
    • Q51 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Valuation of Environmental Effects
    • Z30 - Other Special Topics - - Tourism Economics - - - General

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