Economic Valuation of the Benefits of Recreational Fisheries in Manzanillo, Colima, Mexico

Juan Carlos Chavez-Comparan and David W. Fischer
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Juan Carlos Chavez-Comparan: Facultad de Ciencias Marinas, Universidad de Colima, Carr. Km 20 Manzanillo-Barra de Navidad, Manzanillo, Colima 28200, Mexico
David W. Fischer: Facultad de Ciencias Marinas, Universidad Autonoma de Baja California, Carr. Km 103 Tij.-Ens, Ensenada, Baja California, Mexico

Tourism Economics, 2001, vol. 7, issue 4, 331-345

Abstract: Recreational fisheries are important economic resources that are affected by conflicts with commercial fisheries. In order to generate information for management support of recreational fisheries, the Contingent Valuation and Travel Cost methods were applied to estimate the economic value of angling billfish (swordfish) in Manzanillo, Colima, Mexico. The results indicate that recreational fisheries in Manzanillo generate important economic benefits – not only through their economic impact on the local economy, but also the net economic benefits that anglers may experience. Fishery managers in Mexico should consider incorporating into their decisions information on the net economic benefits of recreational resources instead of using only market information.

Keywords: recreational fishery; non-market valuation; billfish; Contingent Valuation method; Travel Cost method (search for similar items in EconPapers)
Date: 2001
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Persistent link: https://EconPapers.repec.org/RePEc:sae:toueco:v:7:y:2001:i:4:p:331-345

DOI: 10.5367/000000001101297900

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