Optimal pricing for national park entrance fees in Zambia

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dc.contributor.advisorMuchapondwa, Edwinen_ZA
dc.contributor.authorChikumbi, Lydia Mwelwaen_ZA
dc.date.accessioned2014-07-31T12:26:37Z
dc.date.available2014-07-31T12:26:37Z
dc.date.issued2013en_ZA
dc.descriptionIncludes abstract.
dc.descriptionIncludes bibliographical references.
dc.description.abstractThis 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.identifier.apacitationChikumbi, L. M. (2013). <i>Optimal pricing for national park entrance fees in Zambia</i>. (Thesis). University of Cape Town ,Faculty of Commerce ,School of Economics. Retrieved from http://hdl.handle.net/11427/5772en_ZA
dc.identifier.chicagocitationChikumbi, Lydia Mwelwa. <i>"Optimal pricing for national park entrance fees in Zambia."</i> Thesis., University of Cape Town ,Faculty of Commerce ,School of Economics, 2013. http://hdl.handle.net/11427/5772en_ZA
dc.identifier.citationChikumbi, L. 2013. Optimal pricing for national park entrance fees in Zambia. University of Cape Town.en_ZA
dc.identifier.ris TY - Thesis / Dissertation AU - Chikumbi, Lydia Mwelwa AB - 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. DA - 2013 DB - OpenUCT DP - University of Cape Town LK - https://open.uct.ac.za PB - University of Cape Town PY - 2013 T1 - Optimal pricing for national park entrance fees in Zambia TI - Optimal pricing for national park entrance fees in Zambia UR - http://hdl.handle.net/11427/5772 ER - en_ZA
dc.identifier.urihttp://hdl.handle.net/11427/5772
dc.identifier.vancouvercitationChikumbi LM. Optimal pricing for national park entrance fees in Zambia. [Thesis]. University of Cape Town ,Faculty of Commerce ,School of Economics, 2013 [cited yyyy month dd]. Available from: http://hdl.handle.net/11427/5772en_ZA
dc.language.isoengen_ZA
dc.publisher.departmentSchool of Economicsen_ZA
dc.publisher.facultyFaculty of Commerceen_ZA
dc.publisher.institutionUniversity of Cape Town
dc.subject.otherDevelopmenten_ZA
dc.titleOptimal pricing for national park entrance fees in Zambiaen_ZA
dc.typeMaster Thesis
dc.type.qualificationlevelMasters
dc.type.qualificationnameMComen_ZA
uct.type.filetypeText
uct.type.filetypeImage
uct.type.publicationResearchen_ZA
uct.type.resourceThesisen_ZA
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