National parks are established to preserve wildlife or biodiversity. But conservation often displaces local communities and has the potential of raising their distress levels. “Ecotourism” helps in the conservation of natural resources or services and raises the standards of living of the...

This paper discusses in its first part usefulness and critical aspects of the transfer method. The second part deals with the validity issue of transferring point estimates of environmental benefits or complete benefit functions from one site to another according to the method of valuation used...

Conventional Income accounting frameworks reflect production and consumption processes involving market (either actual or imputed), thereby failing to account for non-market activities. Such a neglect, often occasioned by non-availability of empirical data or difficulty in procuring such data,...

We combine currently popular count data methods with earlier work by Vaughan and Russell on varying parameter travel cost models to model trip demand and calculate consumer surplus. We test and reject the hypothesis that per trip consumer surplus from guided rafting is invariant to river...

This study attempts to quantify the links between infrastructure investment and poverty reduction using a multi-region general equilibrium model, supplemented with household survey data for the Greater Mekong Subregion (GMS). Infrastructure investment is an important step in economic...

This research utilises a contingent behaviour valuation technique to value a number of improvements to recreational facilities in small-scale forests in Ireland. Willingness–to-pay estimates have previously been made for Coillte (Ireland’s state-owned forestry company) trails and forests....

This paper investigates several user-based funding mechanisms for protecting the marine resources in the Republic of the Maldives, by conducting an economic valuation of its recreational uses. We developed an individual travel demand model, corrected for truncation and endogenous stratification,...

We investigate the impact of climatic change on welfare in European regions using a hedonic travel-cost framework and focusing on tourism demand. Our hedonic price estimations combine detailed hotel price information with tourism-specific travel cost estimations for each pair of EU region. This...