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The value of recreational fishing in the Great Barrier Reef, Australia: A pooled revealed preference and contingent behaviour model

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  • Prayaga, Prabha
  • Rolfe, John
  • Stoeckl, Natalie

Abstract

Given the focus on protecting natural assets in the Great Barrier Reef Marine Park in Australia, it is important for managers and policy makers to understand the value of recreational fishing in the area, and how changes in management may affect those recreational values. Travel cost methods were used to estimate the value of recreational fishing in the Capricorn Coast in Central Queensland using data from on-site surveys conducted at boat ramps. The study also uses contingent behaviour models to estimate the change in the value of recreational fishing as conditions vary. Results indicate that there are high values associated with recreational fishing activity along the Capricorn Coast, and that the demand for recreational fishing is inelastic and that values are relatively insensitive to changes in catch rates.

Suggested Citation

  • Prayaga, Prabha & Rolfe, John & Stoeckl, Natalie, 2010. "The value of recreational fishing in the Great Barrier Reef, Australia: A pooled revealed preference and contingent behaviour model," Marine Policy, Elsevier, vol. 34(2), pages 244-251, March.
  • Handle: RePEc:eee:marpol:v:34:y:2010:i:2:p:244-251
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    References listed on IDEAS

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    1. R. Quentin Grafton & Tom Kompas & Pham Van Ha, 2009. "Cod Today and None Tomorrow: The Economic Value of a Marine Reserve," Land Economics, University of Wisconsin Press, pages 454-469.
    2. Grafton, R. Quentin & Kompas, Tom, 2005. "Uncertainty and the active adaptive management of marine reserves," Marine Policy, Elsevier, pages 471-479.
    3. Quentin Grafton, R. & Kompas, Tom & McLoughlin, Richard & Rayns, Nick, 2007. "Benchmarking for fisheries governance," Marine Policy, Elsevier, pages 470-479.
    4. Quentin Grafton, R. & Kompas, Tom & McLoughlin, Richard & Rayns, Nick, 2007. "Benchmarking for fisheries governance," Marine Policy, Elsevier, pages 470-479.
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    Citations

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    Cited by:

    1. Ole Bonnichsen & Carsten Lynge Jensen & Søren Bøye Olsen, 2016. "An empirical investigation of German tourist anglers’ preferences for angling in Denmark," IFRO Working Paper 2016/10, University of Copenhagen, Department of Food and Resource Economics.
    2. Rolfe, John & Windle, Jill, 2010. "Valuing environmental improvements in the Great Barrier Reef: Ecological and preference heterogeneity in local area case studies," Research Reports 95052, Australian National University, Environmental Economics Research Hub.
    3. Paul Mwebaze & Jeff Bennett, 2012. "Valuing Australian botanic collections: a combined travel-cost and contingent valuation study," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, pages 498-520.
    4. Rees, Siân E. & Mangi, Stephen C. & Hattam, Caroline & Gall, Sarah C. & Rodwell, Lynda D. & Peckett, Frankie J. & Attrill, Martin J., 2015. "The socio-economic effects of a Marine Protected Area on the ecosystem service of leisure and recreation," Marine Policy, Elsevier, pages 144-152.
    5. Ivanova, Galina & Rolfe, John, 2011. "Assessing development options in mining communities using stated preference techniques," Resources Policy, Elsevier, vol. 36(3), pages 255-264, September.
    6. Yamazaki, Satoshi & Rust, Steven & Jennings, Sarah & Lyle, Jeremy & Frijlink, Sven, 2013. "Valuing recreational fishing in Tasmania and assessment of response bias in contingent valuation," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 57(2), June.
    7. Rahman Khoshakhlagh & Seyed Vahid Safaeifard & Seyedeh Nasim Mirahmadi Sharifi, 2013. "Estimating Recreation Demand Function by Using Zero Truncated Poisson Distribution: A Case Study of Tehran Darband Site (Iran)," Journal of Empirical Economics, Research Academy of Social Sciences, vol. 1(1), pages 11-20.
    8. Rolfe, John & Windle, Jill, 2012. "Testing benefit transfer of reef protection values between local case studies: The Great Barrier Reef in Australia," Ecological Economics, Elsevier, vol. 81(C), pages 60-69.
    9. Jill Windle & John Rolfe, 2010. "Assessing community values for reducing agricultural emissions to improve water quality and protect coral health in the Great Barrier Reef," Environmental Economics Research Hub Research Reports 1084, Environmental Economics Research Hub, Crawford School of Public Policy, The Australian National University.
    10. repec:eee:ecolec:v:144:y:2018:i:c:p:65-72 is not listed on IDEAS
    11. Hynes, Stephen & Gaeven, Rainey & O'Reilly, Paul, 2017. "Estimating a Total Demand Function for Sea Angling Pursuits," Ecological Economics, Elsevier, vol. 134(C), pages 73-81.
    12. Windle, Jill & Rolfe, John, 2010. "Assessing community values for reducing agricultural emissions to improve water quality and protect coral health in the Great Barrier Reef," Research Reports 107583, Australian National University, Environmental Economics Research Hub.
    13. Farr, Marina & Stoeckl, Natalie & Alam Beg, Rabiul, 2014. "The non-consumptive (tourism) ‘value’ of marine species in the Northern section of the Great Barrier Reef," Marine Policy, Elsevier, pages 89-103.
    14. Kerr, Geoffrey N. & Latham, N., 2011. "The Value of Recreational Inshore Marine Fishing," 2011 Conference, August 25-26, 2011, Nelson, New Zealand 115408, New Zealand Agricultural and Resource Economics Society.
    15. repec:eee:touman:v:41:y:2014:i:c:p:53-63 is not listed on IDEAS
    16. 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, pages 322-341.
    17. Richard Melstrom, 2014. "Valuing historic battlefields: an application of the travel cost method to three American Civil War battlefields," Journal of Cultural Economics, Springer;The Association for Cultural Economics International, vol. 38(3), pages 223-236, August.
    18. Lienhoop, Nele & Ansmann, Till, 2011. "Valuing water level changes in reservoirs using two stated preference approaches: An exploration of validity," Ecological Economics, Elsevier, vol. 70(7), pages 1250-1258, May.
    19. Doshi, Amar & Pascoe, Sean, 2013. "Investigating the effects of sample heterogeneity on the travel cost model for coral diving in Southeast Asia," 2013 Conference (57th), February 5-8, 2013, Sydney, Australia 152146, Australian Agricultural and Resource Economics Society.
    20. Farr, Marina & Stoeckl, Natalie & Sutton, Stephen, 2014. "Recreational fishing and boating: Are the determinants the same?," Marine Policy, Elsevier, pages 126-137.

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