An estimate of the recreational value of the Agulhas Plain, South Africa, with special reference to the value of plant biodiversity

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dc.contributor.authorConradie, Beatrice
dc.contributor.authorGarcia, Maria
dc.date.accessioned2021-10-08T07:16:00Z
dc.date.available2021-10-08T07:16:00Z
dc.date.issued2013
dc.description.abstractThe Agulhas Plain is a remarkable recreational site which combines the attraction of a pristine marine environment with exceptional plant biodiversity, rural tranquillity and the novelty of being at the southernmost tip of Africa. The resource is a public good to which the market cannot assign a full value. This paper presents an estimated recreational value based on individual travel cost models and a sample of 370 visitors surveyed in 2010. Trip demands were estimated with zero truncated negative binomial models to account for over-dispersion. The study established a recreational value of R2.167 billion in 2010 prices for the site as a whole. By partitioning the sample into visitors who indicated having been attracted or not to the area by its nature and biodiversity, a net biodiversity value of R2 866 per trip was calculated. Allocated between marine and terrestrial resources based on the proportion of activities related to each type of resource, the value of plant biodiversity was estimated to be R2 268 per hectare in 2010to 2010 prices.
dc.identifier.apacitationConradie, B., & Garcia, M. (2013). An estimate of the recreational value of the Agulhas Plain, South Africa, with special reference to the value of plant biodiversity. <i>South African Journal of Surgery</i>, 16(2), 170 - 182. http://hdl.handle.net/11427/34742en_ZA
dc.identifier.chicagocitationConradie, Beatrice, and Maria Garcia "An estimate of the recreational value of the Agulhas Plain, South Africa, with special reference to the value of plant biodiversity." <i>South African Journal of Surgery</i> 16, 2. (2013): 170 - 182. http://hdl.handle.net/11427/34742en_ZA
dc.identifier.citationConradie, B. & Garcia, M. 2013. An estimate of the recreational value of the Agulhas Plain, South Africa, with special reference to the value of plant biodiversity. <i>South African Journal of Surgery.</i> 16(2):170 - 182. http://hdl.handle.net/11427/34742en_ZA
dc.identifier.issn1015-8812
dc.identifier.issn2222-3436
dc.identifier.ris TY - Journal Article AU - Conradie, Beatrice AU - Garcia, Maria AB - The Agulhas Plain is a remarkable recreational site which combines the attraction of a pristine marine environment with exceptional plant biodiversity, rural tranquillity and the novelty of being at the southernmost tip of Africa. The resource is a public good to which the market cannot assign a full value. This paper presents an estimated recreational value based on individual travel cost models and a sample of 370 visitors surveyed in 2010. Trip demands were estimated with zero truncated negative binomial models to account for over-dispersion. The study established a recreational value of R2.167 billion in 2010 prices for the site as a whole. By partitioning the sample into visitors who indicated having been attracted or not to the area by its nature and biodiversity, a net biodiversity value of R2 866 per trip was calculated. Allocated between marine and terrestrial resources based on the proportion of activities related to each type of resource, the value of plant biodiversity was estimated to be R2 268 per hectare in 2010to 2010 prices. DA - 2013 DB - OpenUCT DP - University of Cape Town IS - 2 J1 - South African Journal of Surgery LK - https://open.uct.ac.za PY - 2013 SM - 1015-8812 SM - 2222-3436 T1 - An estimate of the recreational value of the Agulhas Plain, South Africa, with special reference to the value of plant biodiversity TI - An estimate of the recreational value of the Agulhas Plain, South Africa, with special reference to the value of plant biodiversity UR - http://hdl.handle.net/11427/34742 ER - en_ZA
dc.identifier.urihttp://hdl.handle.net/11427/34742
dc.identifier.vancouvercitationConradie B, Garcia M. An estimate of the recreational value of the Agulhas Plain, South Africa, with special reference to the value of plant biodiversity. South African Journal of Surgery. 2013;16(2):170 - 182. http://hdl.handle.net/11427/34742.en_ZA
dc.language.isoeng
dc.publisher.departmentSchool of Economics
dc.publisher.facultyFaculty of Commerce
dc.sourceSouth African Journal of Surgery
dc.source.journalissue2
dc.source.journalvolume16
dc.source.pagination170 - 182
dc.source.urihttps://dx.doi.org/10.4102/sajems.v16i2.331
dc.subject.otherrecreational value
dc.subject.otherbiodiversity valuation
dc.subject.otherindividual travel cost model
dc.subject.otherAgulhas Plain
dc.titleAn estimate of the recreational value of the Agulhas Plain, South Africa, with special reference to the value of plant biodiversity
dc.typeJournal Article
uct.type.publicationResearch
uct.type.resourceJournal Article
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