Optimal pricing for national park entrance fees in Zambia

 

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dc.contributor.advisor Muchapondwa, Edwin en_ZA
dc.contributor.author Chikumbi, Lydia Mwelwa en_ZA
dc.date.accessioned 2014-07-31T12:26:37Z
dc.date.available 2014-07-31T12:26:37Z
dc.date.issued 2013 en_ZA
dc.identifier.citation Chikumbi, L. 2013. Optimal pricing for national park entrance fees in Zambia. University of Cape Town. en_ZA
dc.identifier.uri http://hdl.handle.net/11427/5772
dc.description Includes abstract.
dc.description Includes bibliographical references.
dc.description.abstract This study seek to investigate whether the optimal entrance fees for Zambia’s national parks with particular focus on the four most popular parks namely South Luangwa, Mosi-oa-tunya, Lower Zambia, and Kafue are optimal. This study collects data from tourists which it then uses to estimate the parks visitation demand functions, the price and income elasticities. Using price elasticity estimates, optimal conservation fees are estimated. The study employs the contingent behaviour approach to elicit park visitors’ behaviour in response to changes in entrance fees. This is done for both actual and hypothetical scenarios. The study reveals that demand elasticities estimated at the four parks are fairly different, demonstrating the heterogeneity characterizing both tourist behavior and park attraction and amenities. The cross price elasticity that was estimated showed that substitutability in visitation demand existed in all the four parks. This entails that increasing price at one park can effectively influence tourists to move from that park to another. en_ZA
dc.language.iso eng en_ZA
dc.subject.other Development en_ZA
dc.title Optimal pricing for national park entrance fees in Zambia en_ZA
dc.type Thesis / Dissertation en_ZA
uct.type.publication Research en_ZA
uct.type.resource Thesis en_ZA
dc.publisher.institution University of Cape Town
dc.publisher.faculty Faculty of Commerce en_ZA
dc.publisher.department School of Economics en_ZA
dc.type.qualificationlevel Masters en_ZA
dc.type.qualificationname MCom en_ZA
uct.type.filetype Text
uct.type.filetype Image


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