Ascertaining the value of Noosa National Park: an application of the contingent valuation and travel cost methods

Blackwell, Boyd D. (1995). Ascertaining the value of Noosa National Park: an application of the contingent valuation and travel cost methods Honours Thesis, School of Economics, The University of Queensland.

       
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Author Blackwell, Boyd D.
Thesis Title Ascertaining the value of Noosa National Park: an application of the contingent valuation and travel cost methods
School, Centre or Institute School of Economics
Institution The University of Queensland
Publication date 1995
Thesis type Honours Thesis
Total pages 127
Language eng
Subjects 14 Economics
Formatted abstract The aim of this thesis is to ascertain the recreational use value of Noosa National Park through the use of the contingent valuation and travel cost methods. The travel cost method is found to have inherent difficulties in the case of Noosa National Park, making it defunct for the purposes of this thesis and offers itself as a case for further research. However the contingent valuation method produces a $2.88 mean estimate of willingness to pay per person per visit amounting to annually almost $3.5 million across all users of the Park. These measures provide support for the additional protection of potentially unique and irreplaceable sites as national parks along Queensland's coastline, and for the privatisation of already established highly congested sites such as Noosa National Park.

 
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