Monday, January 12, 2015

Paper on expenditures of business visitor at the Great Barrier Reef Australia

The Great Barrier Reef


Another paper published last year at Tourism Economics. Still have not got the online version, let alone the printed copy. But the abstract is below. I will update it once the PDF is available.




Mustika, P. L. K., Farr, M. and Stoeckl, N. (2014b), 'The potential implications of environmental deterioration on business and non-business visitor expenditures in a natural setting: a case study of Australia’s Great Barrier Reef', Tourism Economics.

Abstract:

Nature-based tourism can be an important source of income for regional economies, but relies on a healthy environment. Using data collected from business and non-business visitors to Australia’s coast adjacent to the Great Barrier Reef, the authors generate estimates of the potential financial impact of environmental degradation, demonstrating a novel way of testing and controlling for hypothetical response bias. More than 90% of non-business visitors and 67% of business visitors came to the region for at least one nature-related reason. Average daily expenditure was similar for both visitor segments (about $190), but the determinants of expenditure varied. All visitors reacted much more negatively to the prospect of environmental degradation than to a 20% increase in (local) prices, although business visitors were much less responsive than non-business visitors. Adjusting for hypothetical response bias, the authors estimate that substantial environmental degradation could reduce visitor expenditures (and thus local tourism incomes) by at least 17%.  


Update 3 August 2016:

The article received its issue number etc last June. You can download the copy here through the Tourism Economics website, or email me at putuliza at gmail dot com. The Harvard version of the citation is this:


Mustika, P., Stoeckl, N. & Farr, M. 2016, 'The potential implications of environmental deterioration for business and non-business visitor expenditures in a natural setting: a case study of Australia’s Great Barrier Reef', Tourism Economics, vol. 22, no. 3, pp. 484-504.


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