Estimating the Recreation Use Values of National Parks

Jeffrey Bennett

No 149801, 1996 Conference (40th), February 11-16, 1996, Melbourne, Australia from Australian Agricultural and Resource Economics Society

Abstract: A comprehensive application of the travel cost method (TCM) to the estimation of the recreation use values of Dorrigo and Gibraltar Range National Parks is outlined. As well as providing value estimates that are useful for the development of park acquisition and management policy, the application also provides some important lessons for the future use of TCM. So long as some key assumptions relating to the value of travel time and site congestion are shown to hold, then a stream-lined version of the TCM can be used. The questionnaire required to implement the abridged version is brief, thus encouraging a better response rate. Survey and analysis costs are therefore likely to be lower, making the TCM a more cost-effective decision making tool.

Keywords: Environmental Economics and Policy; Research Methods/Statistical Methods (search for similar items in EconPapers)
Pages: 21
Date: 1996-02
References: Add references at CitEc
Citations: View citations in EconPapers (13)

Downloads: (external link)
https://ageconsearch.umn.edu/record/149801/files/1996-03-07-08.pdf (application/pdf)

Related works:
Journal Article: Estimating the Recreation Use Values of National Parks (1996)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ags:aare96:149801

DOI: 10.22004/ag.econ.149801

Access Statistics for this paper

More papers in 1996 Conference (40th), February 11-16, 1996, Melbourne, Australia from Australian Agricultural and Resource Economics Society Contact information at EDIRC.
Bibliographic data for series maintained by AgEcon Search ().