The value of recreational fishing in the Great Barrier Reef, Australia: a pooled revealed preference and contingent behaviour model

Prayaga, Prabha, Rolfe, John, and Stoeckl, Natalie (2010) The value of recreational fishing in the Great Barrier Reef, Australia: a pooled revealed preference and contingent behaviour model. Marine Policy, 34 (2). pp. 244-251.

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Abstract

Given the focus on protecting natural assets in the Great Barrier Reef Marine Park in Australia, it is important for managers and policy makers to understand the value of recreational fishing in the area, and how changes in management may affect those recreational values. Travel cost methods were used to estimate the value of recreational fishing in the Capricorn Coast in Central Queensland using data from on-site surveys conducted at boat ramps. 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, and that the demand for recreational fishing is inelastic and that values are relatively insensitive to changes in catch rates.

Item ID: 11670
Item Type: Article (Refereed Research - C1)
Keywords: recreational fishing; count data; contingent behaviour; Great Barrier Reef
ISSN: 1872-9460
Date Deposited: 05 Aug 2010 05:47
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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