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The Valuation of National Parks: Analysis, Methodology and Application

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dc.contributor.author Elliott, Peter en_US
dc.contributor.author Reed, Richard en_US
dc.contributor.author Franklin, Janet en_US
dc.date.accessioned 2009-07-31T14:31:39Z
dc.date.available 2009-07-31T14:31:39Z
dc.date.issued 2001 en_US
dc.date.submitted 2003-03-31 en_US
dc.date.submitted 2003-03-31 en_US
dc.identifier.uri https://hdl.handle.net/10535/699
dc.description.abstract "Australia is acknowledged throughout the world for its diverse landscape and the large number of unique plant and animal species. Fortunately these flora and fauna have been protected in large reserves dedicated as national parks, ranging from snow-covered mountains to rainforests located in all Australian States and Territories. However due to external factors, such as additional leisure time and increasing overseas visitor numbers, mounting pressure is being placed on this resource. The need for maintenance and upkeep of national parks has risen, and at times some costs are passed onto the visitor using a 'user pays' basis. As a result national parks are arguably to be increasingly more commercial in nature. This paper analyses and valuation methodologies adopted for valuing this unique resource and the valuation of national parks is considered in the context of market based and non-market based methods. With many government agencies adopting accrual accounting procedures, the regular valuation of all assets including national parks is essential. Although national parks are a public good, this paper suggests that there may be merit in considering the relevance of market valuation based techniques to the valuation of national parks." en_US
dc.language English en_US
dc.subject valuation en_US
dc.subject parks en_US
dc.subject tourism en_US
dc.subject IASC en_US
dc.title The Valuation of National Parks: Analysis, Methodology and Application en_US
dc.type Conference Paper en_US
dc.type.published unpublished en_US
dc.coverage.region Pacific and Australia en_US
dc.coverage.country Australia en_US
dc.subject.sector Forestry en_US
dc.subject.sector Theory en_US
dc.identifier.citationconference Tradition and Globalisation: Critical Issues for the Accommodation of CPRs in the Pacific Region, the Inaugural Pacific Regional Meeting of the International Association for the Study of Common Property en_US
dc.identifier.citationconfdates 2001 en_US
dc.identifier.citationconfloc Brisbane, Australia en_US
dc.submitter.email lwisen@indiana.edu en_US


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