non-market valuation

Recreation Demand and Optimal Pricing for International Visitors to Kruger National Park

Sustainable financing of conservation is a key challenge in developing countries, due to competing needs. Increasingly, national parks are expected to undertake local community development - at a time when the conservation mandate and threats to conservation have increased signicantly, while traditional transfers from the State have been declining. We demonstrate the potential of park pricing for generating funds for conservation and benefit sharing with adjacent local communities.

The Economic Value of Mountain Biking in the Baviaanskloof Mega Reserve, Eastern Cape, South Africa: A Travel Cost Analysis Using Count Data Models

This paper reports the first formal non-market valuation of mountain biking in South Africa by applying the individual travel cost method (TCM). Due to the non-negative, integer nature of the trip data, several count data models were estimated. Mountain biking is fast becoming one of South Africa’s most popular recreational sports and these estimates of economic value may assist policy-makers in managing mountain biking venues in general, and congestion conflicts, specifically.

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