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Valuing marine parks in a developing country: a case study of the Seychelles

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  • Mathieu, Laurence F.
  • Langford, Ian H.
  • Kenyon, Wendy

Abstract

A strategic issue facing many developing economies is the maintenance of natural resources, which are important in ecological terms as well as for providing income from tourism. This paper presents an analysis of the economic value of marine protected areas in the Seychelles. The contingent valuation method (CVM) is used to determine tourists willingness to pay (WTP) for visits to Seychelles' marine national parks. In addition, attitudinal and motivational data are related to respondents' stated economic preferences. Three hundred interviews were conducted in the Seychelles during June 1998 and both tourists having visited a park and a more general population of tourists were surveyed. The results demonstrate that different economic values are predicted for respondents from different countries who display a range of both consumer and citizen behaviour in constructing their preferences. In addition, significantly different WTP amounts are predicted depending on which particular marine parks are visited, and the expectations of visitors to Seychelles. The discussion focuses on exploring how this information may be of use to policy makers in setting a realistic pricing policy for visitors to Marine National Parks in the Seychelles.

Suggested Citation

  • Mathieu, Laurence F. & Langford, Ian H. & Kenyon, Wendy, 2003. "Valuing marine parks in a developing country: a case study of the Seychelles," Environment and Development Economics, Cambridge University Press, vol. 8(2), pages 373-390, May.
    • Handle: RePEc:cup:endeec:v:8:y:2003:i:02:p:373-390_00
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    Cited by:

    1. Arthur Filipe de Araújo & Maria Isabel Andrés Marques & Maria Teresa Ribeiro Candeias & Armando Luís Vieira, 2022. "Willingness to Pay for Sustainable Destinations: A Structural Approach," Sustainability, MDPI, vol. 14(5), pages 1-18, February.
    2. Perrings, Charles, 2014. "Environment and development economics 20 years on," Environment and Development Economics, Cambridge University Press, vol. 19(3), pages 333-366, June.
    3. Mwebaze, P. & MacLeod, A. & Tomlinson, D. & Barois, H. & Rijpma, J., 2010. "Economic valuation of the influence of invasive alien species on the economy of the Seychelles islands," Ecological Economics, Elsevier, vol. 69(12), pages 2614-2623, October.
    4. Stoeckl, Natalie & Farr, Marina & Larson, Silva & Adams, Vanessa M. & Kubiszewski, Ida & Esparon, Michelle & Costanza, Robert, 2014. "A new approach to the problem of overlapping values: A case study in Australia׳s Great Barrier Reef," Ecosystem Services, Elsevier, vol. 10(C), pages 61-78.
    5. Ojea, Elena & Loureiro, Maria L., 2011. "Identifying the scope effect on a meta-analysis of biodiversity valuation studies," Resource and Energy Economics, Elsevier, vol. 33(3), pages 706-724, September.
    6. Brian Witt, 2019. "Tourists’ Willingness to Pay Increased Entrance Fees at Mexican Protected Areas: A Multi-Site Contingent Valuation Study," Sustainability, MDPI, vol. 11(11), pages 1-22, May.
    7. Londoño, Luz M. & Johnston, Robert J., 2012. "Enhancing the reliability of benefit transfer over heterogeneous sites: A meta-analysis of international coral reef values," Ecological Economics, Elsevier, vol. 78(C), pages 80-89.
    8. Yun-Ju Chen & Sheng Ming Hsu & Shu-Yi Liao & Tsung-Chi Chen & Wei-Chun Tseng, 2019. "Natural Gas or Algal Reef: Survey-Based Valuations of Pro-Gas and Pro-Reef Groups Specifically for Policy Advising," Energies, MDPI, vol. 12(24), pages 1-18, December.
    9. George Parsons & Steven Thur, 2008. "Valuing Changes in the Quality of Coral Reef Ecosystems: A Stated Preference Study of SCUBA Diving in the Bonaire National Marine Park," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 40(4), pages 593-608, August.
    10. Choong-Ki Lee & James W. Mjelde & Tae-Kyun Kim, 2013. "Estimating the Effects of Different Admission Fees on Revenues for a Mega-Event Using a Contingent Valuation Method," Tourism Economics, , vol. 19(1), pages 147-159, February.
    11. Tonin, Stefania, 2018. "Citizens’ perspectives on marine protected areas as a governance strategy to effectively preserve marine ecosystem services and biodiversity," Ecosystem Services, Elsevier, vol. 34(PB), pages 189-200.
    12. Nir Becker & Doron Lavee, 2009. "Commercial Development and Conservation Value," Journal of Infrastructure Development, India Development Foundation, vol. 1(2), pages 193-217, December.
    13. Togridou, Anatoli & Hovardas, Tasos & Pantis, John D., 2006. "Determinants of visitors' willingness to pay for the National Marine Park of Zakynthos, Greece," Ecological Economics, Elsevier, vol. 60(1), pages 308-319, November.
    14. Alvarez, Sergio & Larkin, Sherry L., 2008. "Valuing Recreational Benefits of a National Park in Andean Colombia," 2008 Annual Meeting, February 2-6, 2008, Dallas, Texas 6732, Southern Agricultural Economics Association.
    15. Stephanie F. Stefanski & Jay P. Shimshack, 2016. "Valuing Marine Biodiversity in the Gulf of Mexico: Evidence from the Proposed Boundary Expansion of the Flower Garden Banks National Marine Sanctuary," Marine Resource Economics, University of Chicago Press, vol. 31(2), pages 211-232.
    16. Barbier, Edward B., 2012. "A spatial model of coastal ecosystem services," Ecological Economics, Elsevier, vol. 78(C), pages 70-79.

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