The non-consumptive (tourism) ‘value’ of marine species in the Northern section of the Great Barrier Reef

Farr, Marina; Stoeckl, Natalie; Beg, A.B.M. Rabiul Alam

doi:10.1016/j.marpol.2013.05.002

Cited by 44 publications

(32 citation statements)

References 69 publications

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“…Additional recent studies of this type that value marine TER species include Farr et al (2014), Jin et al (2010), and Ressurreicao et al (2011Ressurreicao et al ( , 2012. Farr et al (2014) estimates the WTP for several broad groups of species sometimes seen by divers in the Great Barrier Reef area-whales and dolphins, sharks and rays, large fish, marine turtles, and a "wide variety of wildlife" 15 .…”

Section: Aggregate Species Valuation Studiesmentioning

confidence: 99%

“…Farr et al (2014) estimates the WTP for several broad groups of species sometimes seen by divers in the Great Barrier Reef area-whales and dolphins, sharks and rays, large fish, marine turtles, and a "wide variety of wildlife" 15 . Jin et al (2010) estimate the WTP of marine turtle conservation using samples from four different Asian countries, but no specific species are valued.…”

Section: Aggregate Species Valuation Studiesmentioning

confidence: 99%

“…Among these studies, surveys generally contained little information about the species being valued (except Ressurreicao et al, 2011Ressurreicao et al, , 2012, unrepresentative (convenience) samples were sometimes used (Ressurreicao et al, 2011(Ressurreicao et al, , 2012Farr et al, 2014), sample response rates were low in some studies (Lyssenko and Martinez-Espineira, 2006;Farr et al, 2014), and only one of the studies (Lyssenko and Martinez-Espineira, 2006) employed either of the measures recommended to minimize hypothetical bias-certainty scales and cheap talk. These issues serve to diminish the utility of the economic value information provided in these studies.…”

Section: Aggregate Species Valuation Studiesmentioning

confidence: 99%

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Willingness to pay for threatened and endangered marine species: a review of the literature and prospects for policy use

Lew

2015

Front. Mar. Sci.

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Non-market valuation methods have been employed to estimate willingness to pay for numerous threatened, endangered, and rare (TER) species over the past few decades. While most of these efforts have focused on terrestrial species, over 30 published studies have been conducted to measure economic values associated with the preservation, protection, and enhancement of scores of marine species. In this paper, this literature is reviewed and assessed, and an evaluation of the suitability of existing TER species values as inputs for the analysis of marine and coastal policies, and the prospects and challenges for improving them, are discussed. The published literature is found to suffer from coverage issues, both geographical and in terms of species types. It includes stated preference valuation studies focused on marine species only in developed countries (United States, Canada, Australia, United Kingdom, Spain, and Greece), with the highest concentration of studies occurring in the United States. The species valued primarily can be classified as charismatic megafauna-seals and sea lions, whales, and sea turtles-plus well-known fish species, like salmon. Only a small handful of lesser known species are included among those valued to date. Species value estimates were as much as $356 (2013 U.S. dollars), but differed in the frequency of payments (e.g., lump sum vs. annual), the entity paying (e.g., household, resident, or visitor), and the specific good being valued (e.g., species preservation or a type of enhancement). Potential sources of errors arising from the use of these values for policy analyses, and the temporal stability of them, provide reasons to be cautious in their application. Nevertheless, several trends in the literature appear to provide reasons to be optimistic about the literature, particularly the recent expansion of types of species valued and more policy-relevant values.

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Section: Aggregate Species Valuation Studiesmentioning

confidence: 99%

Section: Aggregate Species Valuation Studiesmentioning

confidence: 99%

Section: Aggregate Species Valuation Studiesmentioning

confidence: 99%

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Willingness to pay for threatened and endangered marine species: a review of the literature and prospects for policy use

Lew

2015

Front. Mar. Sci.

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“…Hynes et al 2013 ;Windle and Rolfe 2013 ), tropical coral reefs (20 %, e.g. Farr et al 2014 ;Pascoe et al 2014 ) and the coastal shelf (26 %, e.g. Brouwer 2012 ;Doherty et al 2014 ) have been most frequently valued in the academic literature.…”

Section: Descriptive Statisticsmentioning

confidence: 99%

Valuation of Coastal and Marine Ecosystem Services: A Literature Review

Schaafsma

Turner

2015

Studies in Ecological Economics

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“…The article describes the importance of relict populations of many taxa in the coastal environment, riparian ecosystems, lake systems, grass-shrub vegetation, heath, woodland, tall eucalypt forest and rainforest. The marine landscapes around the island include whales and dolphins, sharks, rays, turtles and a range of fish (Farr et al 2014). The ecological inventory profiles an abundance and diversity justifying the WH listing on ecological grounds, in the context of the world's largest sand island.…”

Section: Valuing the Naturalmentioning

confidence: 99%

Future of an icon: K'gari-Fraser Island, climate change and social expectations

Wardell‐Johnson

2015

Australasian Journal of Environmental Management

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The non-consumptive (tourism) ‘value’ of marine species in the Northern section of the Great Barrier Reef

Cited by 44 publications

References 69 publications

Willingness to pay for threatened and endangered marine species: a review of the literature and prospects for policy use

Willingness to pay for threatened and endangered marine species: a review of the literature and prospects for policy use

Valuation of Coastal and Marine Ecosystem Services: A Literature Review

Future of an icon: K'gari-Fraser Island, climate change and social expectations

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