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World Heritage Listing of Australian Natural Sites: Effects on Tourism, Economic Value and Conservation

Author

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  • Tisdell, Clement A.

Abstract

This article is primarily concerned with the economic consequences of World Heritage listing for the valuation of natural properties and the economic impacts of this listing. Australian data is used to throw light on this subject. Conceptual problems that arise in valuation are explored and several neglected limitations of the travel cost method for estimating the demand for visits to natural sites are mentioned. The importance of economic impact analysis in this context (especially its political ramifications) is given attention. The use of World Heritage listing for political purposes is discussed. It is argued that World Heritage listing favours the long-term conservation of natural properties.

Suggested Citation

  • Tisdell, Clement A., 2010. "World Heritage Listing of Australian Natural Sites: Effects on Tourism, Economic Value and Conservation," Economics, Ecology and Environment Working Papers 94306, University of Queensland, School of Economics.
  • Handle: RePEc:ags:uqseee:94306
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    File URL: http://purl.umn.edu/94306
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    More about this item

    Keywords

    Conservation of natural areas; economic impact analysis; economic valuation; tourism; travel cost method; World Heritage listing.; Environmental Economics and Policy; L83; Q26; Q57;

    JEL classification:

    • L83 - Industrial Organization - - Industry Studies: Services - - - Sports; Gambling; Restaurants; Recreation; Tourism
    • Q26 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Recreational Aspects of Natural Resources
    • Q57 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Ecological Economics

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