Agriculture, Environmental Services and Agro-Tourism in the Dominican Republic

Alejandro Herrera Catalino and Magdalena Lizardo

eJADE: electronic Journal of Agricultural and Development Economics, 2004, vol. 01, issue 01, 30

Abstract: This paper analyzes the links between agriculture and tourism. A contingent valuation study assesses tourist's willingness to pay (WTP) for agro-tourism and agriculture's positive environmental services and related positive externalities. The paper analyzes factors influencing tourist preferences in the Dominican Republic (DR) -- tourist income, the local tourist destination, sex, and nationality stand out among these factors. Estimates are given for different WTP scenarios according to farming systems. The study argues that a well developed agro-tourism industry would result in a market mechanism generating additional income of US $251 to US $364 million annually. Agro-tourist activities would have the added benefit of promoting sustainable agricultural practices.

Keywords: Environmental Economics and Policy; Resource/Energy Economics and Policy (search for similar items in EconPapers)
Date: 2004
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Persistent link: https://EconPapers.repec.org/RePEc:ags:ejade1:12008

DOI: 10.22004/ag.econ.12008

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