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

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 us...

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Bibliographic Details
Published in:Marine policy 2010-03, Vol.34 (2), p.244-251
Main Authors: Prayaga, Prabha, Rolfe, John, Stoeckl, Natalie
Format: Article
Language:English
Subjects:
Australia
Barriers
Boats
Coastal environments
Contingent behaviour
Count data
Estimates
Fishing
Great Barrier Reef
Marine
Marine resources
Nature reserves
Policies
Recreation
Recreational fishing
Recreational fishing Count data Contingent behaviour Great Barrier Reef
Reefs
Travel
Valuation
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Summary: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.
ISSN:0308-597X
1872-9460
DOI:10.1016/j.marpol.2009.07.002