The Non-Market Value of Water Based Activities in the West of Ireland

Coastal locations are traditional hotspots for tourism and leisure activity. The economic growth experienced in Ireland since the mid 1990s, coupled with an increased focus on health, leisure and improved lifestyle has contributed to an increase in participation in marine water-based activities (WBA). This paper examines the demand for and value of WBA offered by companies in the West of Ireland. Using parameter estimates derived from a truncated negative binomial model travel cost model (TCM), this paper derives consumer surplus for WBA participants. The paper found that participants place a high value on commercial WBA located along the West coast of Ireland.


Issue Date:
2011
Publication Type:
Working or Discussion Paper
DOI and Other Identifiers:
Record Identifier:
https://ageconsearch.umn.edu/record/148922
PURL Identifier:
http://purl.umn.edu/148922
Total Pages:
20
Series Statement:
SEMRU Working Paper Series
11-WP-SEMRU-02




 Record created 2017-04-01, last modified 2020-10-28

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