IDEAS home Printed from https://ideas.repec.org/a/pid/journl/v42y2003i4p537-551.html
   My bibliography  Save this article

Economic Valuation of the Environment and the Travel Cost Approach: The Case of Ayubia National Park

Author

Listed:
  • Himayatullah

    (Institute of Development Studies, NWFP Agricultural University, Peshawar.)

Abstract

Environmental and natural resource systems such as lakes, rivers, streams, estuaries, forests, and parks provide goods in terms of resources (e.g., flora, fauna, and minerals) and services (e.g., waste sink assimilation), a source of amenity services, use for recreational purposes, and life-support functions. Knowledge of the values of these services may be important for a variety of reasons. Access to such resources for recreation is typically not allocated through markets. Rather, access is typically open to all visitors at a zero price or a nominal entrance fee that bears no relationship to the cost of providing access. And there is no or little variation in these access prices over time or across sites to provide data for econometric estimation of demand functions.

Suggested Citation

  • Himayatullah, 2003. "Economic Valuation of the Environment and the Travel Cost Approach: The Case of Ayubia National Park," The Pakistan Development Review, Pakistan Institute of Development Economics, vol. 42(4), pages 537-551.
    • Handle: RePEc:pid:journl:v:42:y:2003:i:4:p:537-551
    as

    Download full text from publisher

    File URL: http://www.pide.org.pk/pdf/PDR/2003/Volume4/537-551.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Nicola Lansdell & Lata Gangadharan, 2003. "Comparing Travel Cost Models And The Precision Of Their Consumer Surplus Estimates: Albert Park And Maroondah Reservoir," Australian Economic Papers, Wiley Blackwell, vol. 42(4), pages 399-417, December.
    2. Lisa C. Chase & David R. Lee & William D. Schulze & Deborah J. Anderson, 1998. "Ecotourism Demand and Differential Pricing of National Park Access in Costa Rica," Land Economics, University of Wisconsin Press, vol. 74(4), pages 466-482.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Himayatullah Khan, 2006. "Willingness to Pay for Margalla Hills National Park: Evidence from the Travel Cost Method," Lahore Journal of Economics, Department of Economics, The Lahore School of Economics, vol. 11(2), pages 43-70, Jul-Dec.
    2. Nunes, P.A.L.D. & Nijkamp, P., 2011. "Biodiversity: Economic perspectives," Serie Research Memoranda 0002, VU University Amsterdam, Faculty of Economics, Business Administration and Econometrics.
    3. González Gómez, M., 2000. "Preferencias de los individuos por los espacios recreativos: dos aplicaciones en Galicia," Estudios de Economia Aplicada, Estudios de Economia Aplicada, vol. 16, pages 93-110, Diciembre.
    4. Elena Ojea & Paulo Nunes & Maria Loureiro, 2010. "Mapping Biodiversity Indicators and Assessing Biodiversity Values in Global Forests," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 47(3), pages 329-347, November.
    5. Ms. Evridiki Tsounta, 2008. "What Attracts Tourists to Paradise?," IMF Working Papers 2008/277, International Monetary Fund.
    6. Paulo A.L.D. Nunes & Elena Ojea & Maria Loureiro, 2009. "Mapping of Forest Biodiversity Values: A Plural Perspective," Working Papers 2009.4, Fondazione Eni Enrico Mattei.
    7. Johane Dikgang & Edwin Muchapondwa, 2017. "The determination of park fees in support of benefit sharing in Southern Africa," Tourism Economics, , vol. 23(6), pages 1165-1183, September.
    8. Giovanni B Concu, 2009. "Measuring Environmental Externality Spillovers through Choice Modelling," Environment and Planning A, , vol. 41(1), pages 199-212, January.
    9. Simões, Paula & Barata, Eduardo & Cruz, Luís, 2013. "Joint estimation using revealed and stated preference data: An application using a national forest," Journal of Forest Economics, Elsevier, vol. 19(3), pages 249-266.
    10. Aline Chiabai & Chiara Travisi & Anil Markandya & Helen Ding & Paulo Nunes, 2011. "Economic Assessment of Forest Ecosystem Services Losses: Cost of Policy Inaction," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 50(3), pages 405-445, November.
    11. Viteri Mejía, César & Brandt, Sylvia, 2015. "Managing tourism in the Galapagos Islands through price incentives: A choice experiment approach," Ecological Economics, Elsevier, vol. 117(C), pages 1-11.
    12. Saúl Torres-Ortega & Rubén Pérez-Álvarez & Pedro Díaz-Simal & Julio Manuel De Luis-Ruiz & Felipe Piña-García, 2018. "Economic Valuation of Cultural Heritage: Application of Travel Cost Method to the National Museum and Research Center of Altamira," Sustainability, MDPI, vol. 10(7), pages 1-13, July.
    13. Alpízar, Francisco & Martinsson, Peter & Nordén, Anna, 2015. "Do entrance fees crowd out donations for public goods? Evidence from a protected area in Costa Rica," Environment and Development Economics, Cambridge University Press, vol. 20(3), pages 311-326, June.
    14. Baker, Rick & Ruting, Brad, 2014. "Environmental Policy Analysis: A Guide to Non‑Market Valuation," 2014 Conference (58th), February 4-7, 2014, Port Macquarie, Australia 165810, Australian Agricultural and Resource Economics Society.
    15. Heagney, E.C. & Rose, J.M. & Ardeshiri, A. & KovaÄ , M., 2018. "Optimising recreation services from protected areas – Understanding the role of natural values, built infrastructure and contextual factors," Ecosystem Services, Elsevier, vol. 31(PC), pages 358-370.
    16. Tuan, Hun Tran & Navrud,Stale, 2012. "Capturing the Benefits of Preserving World Heritage Cultural Heritage Sites," EBLA Working Papers 201202, University of Turin.
    17. Juan Luis Eugenio-Martín & Noelia Martín Morales & Riccardo Scarpa, 2004. "Tourism and Economic Growth in Latin American Countries: A Panel Data Approach," Working Papers 2004.26, Fondazione Eni Enrico Mattei.
    18. Edwin Muchapondwa & Eyoual Demeke & Samson Mukanjari, 2018. "Recreation Demand and Optimal Pricing for International Visitors to Kruger National Park," Working Papers 743, Economic Research Southern Africa.
    19. Kevin E. Henrickson & Erica H. Johnson, 2013. "The Demand for Spatially Complementary National Parks," Land Economics, University of Wisconsin Press, vol. 89(2), pages 330-345.
    20. Pandit, Ram & Dhakal, Maheshwar & Polyakov, Maksym, 2015. "Valuing access to protected areas in Nepal: The case of Chitwan National Park," Tourism Management, Elsevier, vol. 50(C), pages 1-12.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pid:journl:v:42:y:2003:i:4:p:537-551. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Khurram Iqbal (email available below). General contact details of provider: https://edirc.repec.org/data/pideipk.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.