World Heritage Listing of Australian Natural Sites: Effects on Tourism, Economic Value and Conservation

This article is primarily concerned with the economic consequences of World Heritage listing for the valuation of natural properties and the economic impacts of this listing. Australian data is used to throw light on this subject. Conceptual problems that arise in valuation are explored and several neglected limitations of the travel cost method for estimating the demand for visits to natural sites are mentioned. The importance of economic impact analysis in this context (especially its political ramifications) is given attention. The use of World Heritage listing for political purposes is discussed. It is argued that World Heritage listing favours the long-term conservation of natural properties.


Issue Date:
2010-10
Publication Type:
Working or Discussion Paper
DOI and Other Identifiers:
ISSN: 1327-8231 (Other)
PURL Identifier:
http://purl.umn.edu/94306
Total Pages:
41
JEL Codes:
L83; Q26; Q57
Series Statement:
Economics, Ecology and the Environment
172




 Record created 2017-04-01, last modified 2017-04-04

Fulltext:
Download fulltext
PDF

Rate this document:

Rate this document:
1
2
3
 
(Not yet reviewed)