Improving navigability on the Kromme river Estuary: A choice experiment application
AbstractNavigation of estuaries is a vitally important aspect of boating recreation in South Africa and elsewhere. This paper uses a choice experiment to estimate recreation values of the Kromme River Estuary, a popular estuary along South Africaâ€™s east coast. This valuation methodology allows for the identification of preferred management strategies through the trade-offs made by estuarine recreational users. It is found that the level of navigability is the most important predictor of user choice, and argued that more attention needs to be paid than is being to options for improving navigability and methods to fund these interventions. It is concluded that an increase in license fee of R437 would improve recreational value.
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Bibliographic InfoPaper provided by Economic Research Southern Africa in its series Working Papers with number 339.
Length: 24 pages
Date of creation: 2013
Date of revision:
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Estuary; recreational attributes; navigability; choice experiment; willingness-to-pay; conditional logit model; random parameters logit model;
This paper has been announced in the following NEP Reports:
- NEP-AFR-2013-04-27 (Africa)
- NEP-ALL-2013-04-27 (All new papers)
- NEP-DCM-2013-04-27 (Discrete Choice Models)
- NEP-TUR-2013-04-27 (Tourism Economics)
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