Agriculture, Environmental Services and Agro-Tourism in the Dominican Republic
Alejandro Herrera Catalino () and
Magdalena Lizardo
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Alejandro Herrera Catalino: Technological Institute of Santo Domingo (INTEC)
The Electronic Journal of Agricultural and Development Economics, 2004, vol. 1, issue 1, 87-116
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: agriculture; Dominican Republic; contingent valuation; environment; tourism (search for similar items in EconPapers)
JEL-codes: Q10 Q26 (search for similar items in EconPapers)
Date: 2004
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Citations: View citations in EconPapers (6)
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Persistent link: https://EconPapers.repec.org/RePEc:fao:tejade:v:1:y:2004:i:1:p:87-116
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