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Economic Valuation of the Benefits of Recreational Fisheries in Manzanillo, Colima, Mexico

Author

Listed:
  • Juan Carlos Chavez-Comparan

    (Facultad de Ciencias Marinas, Universidad de Colima, Carr. Km 20 Manzanillo-Barra de Navidad, Manzanillo, Colima 28200, Mexico)

  • David W. Fischer

    (Facultad de Ciencias Marinas, Universidad Autonoma de Baja California, Carr. Km 103 Tij.-Ens, Ensenada, Baja California, Mexico)

Abstract

Recreational fisheries are important economic resources that are affected by conflicts with commercial fisheries. In order to generate information for management support of recreational fisheries, the Contingent Valuation and Travel Cost methods were applied to estimate the economic value of angling billfish (swordfish) in Manzanillo, Colima, Mexico. The results indicate that recreational fisheries in Manzanillo generate important economic benefits – not only through their economic impact on the local economy, but also the net economic benefits that anglers may experience. Fishery managers in Mexico should consider incorporating into their decisions information on the net economic benefits of recreational resources instead of using only market information.

Suggested Citation

  • Juan Carlos Chavez-Comparan & David W. Fischer, 2001. "Economic Valuation of the Benefits of Recreational Fisheries in Manzanillo, Colima, Mexico," Tourism Economics, , vol. 7(4), pages 331-345, December.
    • Handle: RePEc:sae:toueco:v:7:y:2001:i:4:p:331-345
    DOI: 10.5367/000000001101297900
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    Cited by:

    1. Luis César Herrero & José ángel Sanz & María Devesa, 2011. "Measuring the Economic Value and Social Viability of a Cultural Festival as a Tourism Prototype," Tourism Economics, , vol. 17(3), pages 639-653, June.
    2. Mara Thiene & Riccardo Scarpa, 2008. "Hiking in the Alps: Exploring Substitution Patterns of Hiking Destinations," Tourism Economics, , vol. 14(2), pages 263-282, June.
    3. Sang-Hyun Han & Woo-Hee Byun & Timothy Jeonglyeol Lee & Choong-Ki Lee, 2013. "Research Note: Travel Time as a Proxy for Travel Cost in a Heritage Tourist Destination," Tourism Economics, , vol. 19(6), pages 1467-1474, December.
    4. Perez-Verdin, Gustavo & Sanjurjo-Rivera, Enrique & Galicia, Leopoldo & Hernandez-Diaz, Jose Ciro & Hernandez-Trejo, Victor & Marquez-Linares, Marco Antonio, 2016. "Economic valuation of ecosystem services in Mexico: Current status and trends," Ecosystem Services, Elsevier, vol. 21(PA), pages 6-19.

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