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Australian Agricultural and Resource Economics Society >
2007 Conference (51st), February 13-16, 2007, Queenstown, New Zealand >
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http://purl.umn.edu/10382
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| Title: | The recreational value of Lake McKenzie: An application of the travel cost method |
| Authors: | Fleming, Christopher M.
Cook, Averil |
| Keywords: | Lake McKenzie
travel cost method
recreation
Fraser Island |
| Issue Date: | 2007 |
| Series/Report no.: | Conference Paper |
| Abstract: | Lake McKenzie is one of the most highly used and popular visitor destinations of all
Fraser IslandÂ’'s natural sites, attracting 2,000 visitors a day in peak periods. Many
consider this level of visitation to be unsustainable and the management authority is
considering a range of management options. In assessing the alternatives it is useful to
have some idea of the recreational value of the Lake under the current regime. This paper
estimates this value using the travel cost method. Once adjustments for multiple-site
visitors are made, the method yields recreational values of the Lake ranging from $13.7
M. to $31.8 M per annum, or from $104.30 to $242.84 per-person per-visit. |
| URI: | http://purl.umn.edu/10382 |
| Institution/Association: | Australian Agricultural and Resource Economics Society - 2007>2007 Conference (51st), February 13-16, 2007, Queenstown, New Zealand |
| Total Pages: | 21 |
| Language: | English |
| Collections: | 2007 Conference (51st), February 13-16, 2007, Queenstown, New Zealand
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| cp07fl02.pdf | 235Kb | PDF | View/Open |
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