Abstract
Recent government legislation in South Africa (the National Environmental Management: Biodiversity Act, No.10 of 2004) calls for the removal of trout from ecosystems and habitats where they may cause harm. The elimination of trout would, however, undermine the tourism appeal of many upper catchments in South Africa to recreational fishers. This paper reports the first formal recreational valuation of a trout fishery in South Africa – the one in and around Rhodes village, North Eastern Cape. The valuation is carried out by applying the individual travel cost method using several count data models. The zero truncated negative binomial model which allows for the non-negative integer nature of the trip data, for truncation as well as for over-dispersion, found that the consumer surplus per day and per trip to the Rhodes trout fishery was ZAR2 668 (US$334) and ZAR13,072 (US$1634), respectively in the year 2007, and the total consumer surplus generated was ZAR18,026,288 (US$2 253,286).
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
