The value of recreational fishing along the Capricorn Coast: a pooled revealed preference and contingent behaviour model

Prayaga, Prabha, Rolfe, John, and Stoeckl, Natalie (2009) The value of recreational fishing along the Capricorn Coast: a pooled revealed preference and contingent behaviour model. In: Papers from 53rd annual conference of the Australian Agricultural and Resource Economics Society. pp. 1-20. From: Australian Agricultural and Resource Economics Society Conference 2009, 11-13 February 2009, Cairns, QLD, Australia.

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Abstract

Given the focus on protecting natural assets in the Great Barrier Reef Marine Park (GBRMP), it is important for managers and policy makers to understand the value of recreational activities such as fishing in the area, and how changes in management may affect those recreational values. This paper reports research estimating the value of recreational fishing along the Capricorn Coast in Central Queensland. Travel cost methods were used to estimate the value of recreational fishing using data from on-site surveys conducted at boat ramps along the Capricorn Coast. 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, that the demand for recreational fishing is inelastic and that values are not sensitive to changes in catch rates.

Item ID: 11668
Item Type: Conference Item (Presentation)
Keywords: recreational fishing; count data; contingent behaviour; Great Barrier Reef
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Date Deposited: 29 Jul 2010 03:32
FoR Codes: 14 ECONOMICS > 1402 Applied Economics > 140205 Environment and Resource Economics @ 100%
SEO Codes: 96 ENVIRONMENT > 9606 Environmental and Natural Resource Evaluation > 960699 Environmental and Natural Resource Evaluation not elsewhere classified @ 50%
96 ENVIRONMENT > 9608 Flora, Fauna and Biodiversity > 960808 Marine Flora, Fauna and Biodiversity @ 50%
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