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Travel Cost Analysis of Recreation Value in the Wet Tropics World Heritage Area

Author

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  • Driml, Sally

    (Environmental Protection Agency, Brisbane)

Abstract

Travel cost analysis for Australian tourists to the Wet Tropics of Queensland World Heritage Area was undertaken in order to derive a consumer surplus value for use in examining benefits of sustainable tourism to the area. Randall's contention that travel cost analysis produces relative rather than absolute values of welfare was tested by using several different versions of travel cost specification, and found to be supported. Nevertheless, the analysis produced values of a magnitude that indicate high positive benefits from visitor use to the World Heritage Area, provided the area is managed to be ecologically sustainable.

Suggested Citation

  • Driml, Sally, 2002. "Travel Cost Analysis of Recreation Value in the Wet Tropics World Heritage Area," Economic Analysis and Policy, Elsevier, vol. 32(2), pages 11-26, June Spec.
  • Handle: RePEc:eee:ecanpo:v:32:y:2002:i:2:p:11-26
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    Cited by:

    1. Rolfe, John & Prayaga, Prabha, 2006. "Estimating Values for Recreational Fishing at Freshwater Dams in Queensland," 2006 Conference (50th), February 8-10, 2006, Sydney, Australia 139896, Australian Agricultural and Resource Economics Society.
    2. Marina Farr & Natalie Stoeckl & Rabiul Alam Beg, 2011. "The efficiency of the Environmental Management Charge in the Cairns management area of the Great Barrier Reef Marine Park," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 55(3), pages 322-341, July.
    3. Curtis, Ian A., 2004. "Valuing ecosystem goods and services: a new approach using a surrogate market and the combination of a multiple criteria analysis and a Delphi panel to assign weights to the attributes," Ecological Economics, Elsevier, vol. 50(3-4), pages 163-194, October.
    4. 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), June.
    5. repec:eee:touman:v:42:y:2014:i:c:p:141-148 is not listed on IDEAS

    More about this item

    Keywords

    Recreation;

    JEL classification:

    • Q26 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Recreational Aspects of Natural Resources
    • Q23 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Forestry

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