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Sustainable financing for ocean and coastal management in Jamaica: The potential for revenues from tourist user fees

Author

Listed:
  • Peter Edwards

    (Univeristy of Delaware / National Oceanic and Atmospheric Administration (NOAA))

Abstract

This study explores the feasibility of implementing a sustainable funding mechanism for ocean and coastal management in Jamaica. Results show that tourists are more willing to pay for an ‘environmental tax’’ than a general‘‘ tourism development tax’’. The study found that an environmental surcharge of US$2 per person could generate $3.4M per year for management with 0.2% rate of decline in tourist visitation. Negative impacts from the imposition of additional taxes on annual tourist visitation rates could be minimized by providing information on how there venues from the tax will be allocated for management activities.

Suggested Citation

  • Peter Edwards, 2008. "Sustainable financing for ocean and coastal management in Jamaica: The potential for revenues from tourist user fees," Working Papers 200804, Latin American and Caribbean Environmental Economics Program, revised Jun 2008.
    • Handle: RePEc:lae:wpaper:200804
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    Cited by:

    1. Ghermandi, Andrea & Nunes, Paulo A.L.D. & Portela, Rosimeiry & Rao, Nalini & Teelucksingh, Sonja S., 2009. "Recreational, Cultural and Aesthetic Services from Estuarine and Coastal Ecosystems," Sustainable Development Papers 56214, Fondazione Eni Enrico Mattei (FEEM).
    2. Vilela, Thais & Malky Harb, Alfonso & Mendizábal Vergara, Carla, 2022. "Chileans' willingness to pay for protected areas," Ecological Economics, Elsevier, vol. 201(C).
    3. Schuhmann, Peter W. & Mahon, Robin, 2015. "The valuation of marine ecosystem goods and services in the Caribbean: A literature review and framework for future valuation efforts," Ecosystem Services, Elsevier, vol. 11(C), pages 56-66.
    4. Shabbar Jaffry & Alexandros Apostolakis, 2011. "Evaluating individual preferences for the British Museum," Journal of Cultural Economics, Springer;The Association for Cultural Economics International, vol. 35(1), pages 49-75, February.
    5. Ghermandi, Andrea & Nunes, Paulo A.L.D., 2013. "A global map of coastal recreation values: Results from a spatially explicit meta-analysis," Ecological Economics, Elsevier, vol. 86(C), pages 1-15.
    6. Chen, Jyun-Long & Chen, Jun-Yu & Chuang, Ching-Ta & Lu, Hsueh-Jung & Liu, Hsiang-Hsi & Lin, Yu-Shang, 2014. "Developing a co-management financing mechanism to enhance the financial sustainability of marine protected areas in Taiwan," Marine Policy, Elsevier, vol. 48(C), pages 126-133.
    7. Jerome Agrusa & Cathrine Linnes & Joseph Lema & Jihye (Ellie) Min & Tony Henthorne & Holly Itoga & Harold Lee, 2021. "Tourism Well-Being and Transitioning Island Destinations for Sustainable Development," JRFM, MDPI, vol. 14(1), pages 1-14, January.
    8. Halkos, George, 2012. "The use of contingent valuation in assessing marine and coastal ecosystems’ water quality: A review," MPRA Paper 42183, University Library of Munich, Germany.
    9. Gill, David A. & Schuhmann, Peter W. & Oxenford, Hazel A., 2015. "Recreational diver preferences for reef fish attributes: Economic implications of future change," Ecological Economics, Elsevier, vol. 111(C), pages 48-57.
    10. Juan Ignacio Pulido-Fernández & Yaiza López-Sánchez, 2016. "Are Tourists Really Willing to Pay More for Sustainable Destinations?," Sustainability, MDPI, vol. 8(12), pages 1-20, November.
    11. Francisco López-del-Pino & José M. Grisolía, 2018. "Pricing Beach Congestion," Tourism Economics, , vol. 24(4), pages 449-472, June.

    More about this item

    JEL classification:

    • Q50 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - General
    • Q00 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - General - - - General
    • Q26 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Recreational Aspects of Natural Resources

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