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TOURISM AND THE ECONOMIC VALUATION OF PARKS AND PROTECTED AREAS: Watarrka National Park, Northern Territory

By Pascal Tremblay and Dean Carson
TOURISM AND THE ECONOMIC VALUATION OF PARKS AND PROTECTED AREAS: Watarrka National Park, Northern Territory
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This report provides an estimate of the economic value of Watarrka National Park (WNP) to the Northern Territory's Centre region. Its importance lies in assessing what tourist expenditures would be lost to the Centre if WNP did not exist. While the objective of the research was to apply the Carlsen and Wood's economic model for protected areas to WNP, to estimate the contribution of the park to the region through tourism, this report was not based on primary data collection but on building a reasoned argument about the contribution of WNP to regional tourism expenditures. The report also aimed at ...Read more
This report provides an estimate of the economic value of Watarrka National Park (WNP) to the Northern Territory's Centre region. Its importance lies in assessing what tourist expenditures would be lost to the Centre if WNP did not exist. While the objective of the research was to apply the Carlsen and Wood's economic model for protected areas to WNP, to estimate the contribution of the park to the region through tourism, this report was not based on primary data collection but on building a reasoned argument about the contribution of WNP to regional tourism expenditures. The report also aimed at providing a broad picture of past and existing markets, and contrasts some of the secondary data sources available to comment on improved estimates of traffic and visitation by tourists. Reduce

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