Economic value of recreational fishing in Moreton Bay and the potential impact of the marine park rezoning

Pascoe, Sean, Doshi, Amar, Dell, Quentin, Tonks, Mark, & Kenyon, Rob (2014) Economic value of recreational fishing in Moreton Bay and the potential impact of the marine park rezoning. Tourism Management: research, policies, practice, 41, pp. 53-63.

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Abstract

In 2009, the area of the Moreton Bay Marine Park was increased from 0.5 per cent of the Bay area to 16 per cent. During the planning process, opposition by commercial and recreational fishers alike was raised, arguing that loss of fishing grounds would lead to substantial loss in economic benefits. The commercial sector was compensated through a buyback of fishing effort, but the recreational sector received no compensation. In this paper, we develop a travel cost model to estimate the potential economic impact on the recreational sector from the marine park rezoning. The results suggest that, counter to initial claims, non-market recreational fishing benefits may have increased by between $1.3m and $2.5m a year, with a current total annual value of around $20m. Keywords: Travel cost model; Economic valuation; Moreton Bay Marine Park; Recreational fishing

Impact and interest:

11 citations in Scopus
9 citations in Web of Science®
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ID Code: 88469
Item Type: Journal Article
Refereed: Yes
DOI: 10.1016/j.tourman.2013.08.015
ISSN: 0261-5177
Divisions: Current > QUT Faculties and Divisions > QUT Business School
Current > Schools > School of Economics & Finance
Copyright Owner: Elsevier
Deposited On: 07 Oct 2015 03:06
Last Modified: 07 Oct 2015 03:06

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