Recreational benefits from a marine protected area: A travel cost analysis of Lundy
Dong-Ryul Chae,
Premachandra Wattage and
Sean Pascoe
Tourism Management, 2012, vol. 33, issue 4, 971-977
Abstract:
Marine Protected Areas (MPAs) have been proposed in many countries as a means of conserving parts of the marine environment. In some cases, MPAs may also confer recreational benefits. In this paper, a travel cost model is used to estimate the non-market recreational benefits arising from the Lundy Island Marine Nature Reserve (MNR). The estimated mean consumer surplus for visiting Lundy was found to range from £359 to £574 per trip. The designation of No Take Zone (NTZ) has also contributed to higher consumer surplus values. This result provides a strong economic justification for the designation of MPAs for recreational as well as conservation purposes.
Keywords: Recreational benefits; Marine protected areas; Travel cost method; Lundy Island (search for similar items in EconPapers)
Date: 2012
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Citations: View citations in EconPapers (25)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:touman:v:33:y:2012:i:4:p:971-977
DOI: 10.1016/j.tourman.2011.10.008
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