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Recreational benefits from a marine protected area: A travel cost analysis of Lundy |
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| Authors: | Dong-Ryul ChaePremachandra Wattage Sean Pascoe |
| Affiliation: | a Gyeongnam Development Institute, 248 Youngji-ro, Changwon-si, Gyeonsangnam-do 641-728, South Korea b Centre for the Economics and Management of Aquatic Resources (CEMARE), University of Portsmouth, St. George’s Building, 141 High Street, Portsmouth PO1 2HY, UK c CSIRO Marine and Atmospheric Research, Australia |
| Abstract: | Marine Protected Areas (MPAs) have been proposed in many countries as a means of conserving parts of the marine environment. In some cases, MPAs may also confer recreational benefits. In this paper, a travel cost model is used to estimate the non-market recreational benefits arising from the Lundy Island Marine Nature Reserve (MNR). The estimated mean consumer surplus for visiting Lundy was found to range from £359 to £574 per trip. The designation of No Take Zone (NTZ) has also contributed to higher consumer surplus values. This result provides a strong economic justification for the designation of MPAs for recreational as well as conservation purposes. |
| Keywords: | Recreational benefits Marine protected areas Travel cost method Lundy Island |
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