Journal article
Economic evaluation of proposed long-distance walking tracks in the wet tropics of Queensland
Economic Analysis and Policy, Vol.32(2), pp.113-129
2002
Abstract
An increasingly popular activity in the Wet Tropics of Queensland is bush walking, which can provide benefits for both the visitors and the local community. While long-distance tracks - with huts and camp sites for overnight stays - are common in some countries (notably New Zealand), this appears to be an ecotourism opportunity which has been overlooked in North Queensland. A market model can be developed in which the supply (indicated by marginal cost) and demand (community willingness to pay) and efficient pricing for a proposed long-distance walking track are estimated. Where a track does not currently exist, transfer of demand estimates from other tracks and inferences about total market size are required. This paper discusses the economic modelling and estimation issues in evaluation of long-distance walking track proposals in the Wet Tropics of Queensland. Demand estimation (with reference to a visitor survey for the Thorsbome Trail on Hinchinbrook island) and supply estimation in terms of track development and maintenance costs are examined. © 2002 Economic Society of Australia (Queensland) Inc.
Details
- Title
- Economic evaluation of proposed long-distance walking tracks in the wet tropics of Queensland
- Authors
- A Cook (Author) - University of QueenslandSteve R Harrison (Author) - University of Queensland
- Publication details
- Economic Analysis and Policy, Vol.32(2), pp.113-129
- Publisher
- Economic Society of Australia Inc.
- Date published
- 2002
- DOI
- 10.1016/S0313-5926(02)50021-7
- ISSN
- 0313-5926
- Copyright note
- Copyright © 2002 The Authors. This is an open-access article distributed under the terms of the Creative Commons Attribution License.
- Organisation Unit
- University of the Sunshine Coast, Queensland
- Language
- English
- Record Identifier
- 99450693702621
- Output Type
- Journal article
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