Economic valuation of a traditional fishing ground on the coral coast in Fiji

Economic valuation of a traditional fishing ground on the coral coast in Fiji

Primary Country: Fiji
Ecosystem: species
Sample Value Estimates:
  1. US$46.3/individual/month: mean WTP towards conservation of the Navakavu fishing grounds for future generations comes to
  2. US$14,802.1/year: for all households.
  3. US$162,817.3: The PV of the bequest value associated with the Navakavu fishing grounds is estimated as US$162,817.3 (99-year time horizon, i 1/4 10%). Thus, bequest values come to just under 2% of the fisheries value.
  4. US$$115.6/household: Assuming there are 2.5 individuals of adult age (over
  5. per household, bequest values come to US$$115.6/household, which is 6.8% of reported mean household income (reported in Table
  6. . This is a significant proportion of the household budget, comparable to average expenditures on alcohol and tobacco (6.13% of budget for the average Fijian househo
  7. , durable household goods (6.52%) and clothing and footwear (5.36%).
Methodology: Contingent Valuation
Data source: NOEP

Publication information

O’Garra, Tanya “Economic valuation of a traditional fishing ground on the coral coast in Fiji” Ocean & Coastal Management, 2012

Information provided when available, for more information please visit the original database or PDF.