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Estimating values for recreational fishing at freshwater dams in Queensland

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  • Rolfe, John
  • Prayaga, Prabha

Abstract

In this paper, estimates of value for recreational fishing are reported for three major freshwater impoundments in Queensland, Australia, using both travel cost and contingent valuation methods. Policy analysts often require estimates of value when analysing the importance of recreation against other uses of impoundments, or when considering the potential for further investments, such as with fish stocking programs. Different forms of the travel cost method are used to estimate separate consumer surpluses associated with two key subgroups of recreational anglers: frequent and occasional anglers. A contingent valuation study is used to estimate the marginal values associated with a potential improvement in fishing experience. The results of the travel cost analysis provide strong evidence that recreational values vary between different groups of anglers and across sites, while the contingent valuation estimates provide values for additional marginal benefits of recreational angling.

Suggested Citation

  • Rolfe, John & Prayaga, Prabha, 2007. "Estimating values for recreational fishing at freshwater dams in Queensland," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 51(2), pages 1-18.
    • Handle: RePEc:ags:aareaj:118325
    DOI: 10.22004/ag.econ.118325
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    2. Shelley Burgin, 2017. "Indirect Consequences of Recreational Fishing in Freshwater Ecosystems: An Exploration from an Australian Perspective," Sustainability, MDPI, vol. 9(2), pages 1-18, February.
    3. Zander, Kerstin K. & Straton, Anna, 2010. "An economic assessment of the value of tropical river ecosystem services: Heterogeneous preferences among Aboriginal and non-Aboriginal Australians," Ecological Economics, Elsevier, vol. 69(12), pages 2417-2426, October.
    4. Jegnie, Alemken & Hailu, Atakelty & Burton, Michael P., 2017. "Boat-based and other recreational fishing in Western Australia: Analysis of site choice, access values and bag limit effects," Working Papers 257167, University of Western Australia, School of Agricultural and Resource Economics.
    5. Raguragavan, Jananee & Hailu, Atakelty & Burton, Michael, 2013. "Economic Valuation of Recreational Fishing in Western Australia: Statewide Random Utility Modelling of Fishing Site Choice Behaviour," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 57(4), pages 1-20.
    6. Pascoe, Sean & Doshi, Amar & Dell, Quentin & Tonks, Mark & Kenyon, Rob, 2014. "Economic value of recreational fishing in Moreton Bay and the potential impact of the marine park rezoning," Tourism Management, Elsevier, vol. 41(C), pages 53-63.
    7. Zhang, Fan & Wang, Xiao Hua & Nunes, Paulo A.L.D. & Ma, Chunbo, 2015. "The recreational value of gold coast beaches, Australia: An application of the travel cost method," Ecosystem Services, Elsevier, vol. 11(C), pages 106-114.
    8. Windle, Jill & Rolfe, John & Pascoe, Sean, 2017. "Assessing recreational benefits as an economic indicator for the Gladstone Harbour Report Card," 2017 Conference (61st), February 7-10, 2017, Brisbane, Australia 258681, Australian Agricultural and Resource Economics Society.
    9. Sascha Samadi, 2017. "The Social Costs of Electricity Generation—Categorising Different Types of Costs and Evaluating Their Respective Relevance," Energies, MDPI, vol. 10(3), pages 1-37, March.
    10. Yong Huang & Qinjun Kang & Qi Wang & Lili Luo & Tingting Wang & Qingrui Chang, 2022. "Multiscale Spatial Distribution Pattern and Influencing Factors on Inland Fishing Gardens in China," Sustainability, MDPI, vol. 14(11), pages 1-17, May.
    11. Pascoe, Sean, 2019. "Recreational beach use values with multiple activities," Ecological Economics, Elsevier, vol. 160(C), pages 137-144.
    12. He, Xiaoyang & Poe, Gregory L., 2021. "Exploring the shelf-life of travel cost methods of valuing recreation for benefits transfer," Resource and Energy Economics, Elsevier, vol. 63(C).
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    14. Farr, Marina & Stoeckl, Natalie & Sutton, Stephen, 2014. "Recreational fishing and boating: Are the determinants the same?," Marine Policy, Elsevier, vol. 47(C), pages 126-137.
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