Heritage Related Recreation

WTP for the improvement in historical buildings/ruins in the Mount Lofty Range State Forests, South Australia

Fire
Flood
Storm
Earthquake
Tsunami
Heatwave
Calculated WTP Marginal Change being measured Recommendations
$6.77 AUD

WTP per day-visit site per household per year (max. 5 years)

 Useful for BT in Australia - be aware of generalised context - not NH specific

WTP Details

Hazard types identified
Not specified
Specific Value Type measured
Heritage related recreation
Currency Year - original study
WTP estimate - original study value
$5.89 per site per household per year
Currency - original study
AUD
WTP converted to $AU in original year from the study
$5.89 AUD
WTP measure
Mean
95% confidence interval (upper)
$7.19 AUD
95% confidence interval (lower)
$4.59 AUD
Other variables that significantly explain WTP

Cost, multi use tiral, overnight sites, day sites, time spent in forests, gender, historical site

Study Details

Value type applicable
Cultural Heritage
Study conducted in the context of a natural hazard?
No
Study quality
Average
Benefits transfer applicability
Average
Recommendations
Useful for BT in Australia - be aware of generalised context - not NH specific

Methods

Data collection method used
Choice modeling
Analysis model
Random parameter mixed logit
Modelled number of individuals
n/a
Modelled number of observations
2316

Sample Characteristics

Country/region studied
State Forests, Mount Lofty Ranges, South Australia
Country of source studies
Australia
Sampled population
Adelaide area (82%) and South Australia (18%)
Range in years of data
2012
Mean sample age
49
Percent Male
48
Percent Female
52
Mean sample income
n/a
Income units
n/a

Publication

Quantifying the non-timber values of South Australia's northern forest reserves

Windle, J., Rolfe, J., Tucker, G. 2012. Quantifying the non-timber values of South Australia's northern forest reserves. Environmental Economics Programme Center for Environmental Management. CQUniversity Australia.
Citation
Windle, et al. 2012
Authors
Windle, J., Rolfe, J., Tucker, G.
Year published
Peer reviewed?
No
Journal name
n/a

Additional information

Notes on this study

These values are very consistent across the two forest areas (Mount Lofty and Mid North), suggesting that the same value estimate could be applied to any forest area in South Australia.
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