Please use this identifier to cite or link to this item: http://hdl.handle.net/10553/74309
Title: Valuing international tourism benefits from natural areas
Authors: León, Carmelo J. 
UNESCO Clasification: 531290 Economía sectorial: turismo
Issue Date: 1997
Journal: Tourism Economics 
Abstract: Tourism involves intensive utilization of environmental assets and natural resources. Valuing these assets may be relevant for policy purposes. This paper presents results from a contingent valuation study of the benefits experienced by tourist visitors to natural areas in Gran Canaria (Canary Islands). Construct validity is approached by investigating question format effects. The open-ended format is compared with dichotomous choice methods using a general parametric testing procedure. In general, the single-bounded method does produce larger estimates of consumer surplus than the open-ended method, but these divergences were not significant for German and Italian tourists. In addition, the double-bounded method converges to open-ended results, especially for UK tourists. The former method is also robust with respect to the choice of the bid vector design. The assessed benefits highlight the economic contribution of these assets to the tourism industry.
URI: http://hdl.handle.net/10553/74309
ISSN: 1354-8166
DOI: 10.1177/135481669700300202
Source: Tourism Economics [ISSN 1354-8166], v. 3 (2), p. 119-136, (Enero 1997)
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