Recreation Value of a New Long-Distance Walking Track

Averil Cook

Tourism Economics, 2008, vol. 14, issue 2, 377-391

Abstract: A large recreation value may be expected for a long-distance walking track which allows for hiking and camping in a tropical rainforest environment. When such a resource is new, sufficient data are not available for a primary study. A practical way to obtain a value estimate is by employing benefit transfer procedures. Using a travel cost analysis for the Thorsborne Trail as the transfer source, a consumer surplus estimate for the new Cannabullen Track was estimated at about Aus$300 per person per year. This value may contribute to management decisions about further development of facilities along the track and about user fees.

Keywords: benefit transfer; environmental value transfer; consumer surplus; zonal travel cost; Queensland (search for similar items in EconPapers)
Date: 2008
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Citations: View citations in EconPapers (2)

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Persistent link: https://EconPapers.repec.org/RePEc:sae:toueco:v:14:y:2008:i:2:p:377-391

DOI: 10.5367/000000008784460391

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