The Economic Value of Coastal Resources in Barbados: Vacation Tourists Perceptions, Expenditures and Willingness to Pay

The Economic Value of Coastal Resources in Barbados: Vacation Tourists Perceptions, Expenditures and Willingness to Pay

Primary Country: Barbados
Ecosystem: beach
Sample Value Estimates:
WTP to avoid attribute level relative to baseline  (US dollars per ro
  1. -
  2. $242.94: Beach Litter: 5 pieces per 25 m
  3. $242.94: 10 pieces per 25 m
  4. $658.35: 15 pieces per 25 m; Beach Width:
  5. $90.44: 3-5 meters
  6. $0: 8-10 meters
  7. $0: 13-15 meters; Proximity to Beach:
  8. $266.07: 2-3 minute walk
  9. $478.51: 6-8 minute walk
  10. $738.27 : 18-20 minute walk; The willingness to pay values shown represent lost economic value for those who experience those conditions. These values can be interpreted as the amount of value (be it value in dollars or other goods and servic
  11. that respondents would require to make up for dirty or narrow beaches.
Methodology: Choice Experiments
Region: Americas / Caribbean
Data source: NOEP

Publication information

Schuhmann, Peter W. [Initial. Lastname] (J. Doe) “The Economic Value of Coastal Resources in Barbados: Vacation Tourists Perceptions, Expenditures and Willingness to Pay” Centre for Resource Management and Environmental Studies, 2012

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