The Recreation Use Value of NSW Marine Parks

The establishment of marine parks (MPs) in NSW is part of a program to institute a system of marine protected areas along the coast of NSW. This system forms part of the National Representative System of Marine Protected Areas. These marine protected areas can provide a range of economic values to society including those associated with recreation and conservation.

Date
1 June 2007
Publisher
Department of Environment and Climate Change NSW
Type
Publication
Status
Final
Cost
Free
Language
English
Tags
  • File PDF 117KB
  • Pages 26
  • Name recreation-use-value-nsw-marine-parks.pdf

Hassall & Associates and Gillespie Economics (2004) outlined models for identifying these economic values and procedures for ongoing data collection and monitoring. One of the economic values identified in that report was the consumer surplus associated with recreation in MPs. Consumer surplus is the amount that visitors are willing to pay for the recreation experience above what they actually have to pay. One of the main methods for quantifying this value is the travel cost method (TCM) which is based on visitation data collected by questionnaire.