Publicação
Willingness to pay for tourism public goods: a hedonic price model
| Resumo: | The application of the hedonic price model to private attributes in several markets is relatively common (Monty & Skidmore, 2003). However, this technique's use to evaluate willingness to pay for (pure) public goods is rather limited, particularly in the tourism market. In fact, most of the beaches are important tourism resources and considered public goods. In other words, they are non-rivalry in consumption, specifically “the cost of additional users enjoying public attributes is zero”. And also non-excludability in access, i.e., “after public attributes have been provided, it is not possible to exclude those users who have not purchased the product from enjoying/suffering them” (Rigall-I-Torrent & Fluvià, 2011, p.244). In this context, the growing number of beaches’ visitors requires the engagement of governments to develop public policies capable of mitigating the adverse effects generated on these tourism resources, preserving them from the human/tourists activities (Rigall-I-Torrente & Fluvià, 2011; Alves, Rigall-I-Torrent, Ballester, Benavente, & Ferreira, 2015). In this sense, this research explores the use of hedonic price model assessing willingness to pay of visitors and evaluating the non-use value of Albufeira do Azibo, riverside beach, located in the Northeast of Portugal. |
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| Autores principais: | Almendra, Mário |
| Outros Autores: | Costa, Cláudia S.; Pinheiro, Eduardo |
| Assunto: | Willingness to pay Non-use value Tourism public goods Hedonic model Tourism public policy |
| Ano: | 2021 |
| País: | Portugal |
| Tipo de documento: | documento de conferência |
| Tipo de acesso: | acesso aberto |
| Instituição associada: | Instituto Politécnico de Bragança |
| Idioma: | inglês |
| Origem: | Biblioteca Digital do IPB |
| Resumo: | The application of the hedonic price model to private attributes in several markets is relatively common (Monty & Skidmore, 2003). However, this technique's use to evaluate willingness to pay for (pure) public goods is rather limited, particularly in the tourism market. In fact, most of the beaches are important tourism resources and considered public goods. In other words, they are non-rivalry in consumption, specifically “the cost of additional users enjoying public attributes is zero”. And also non-excludability in access, i.e., “after public attributes have been provided, it is not possible to exclude those users who have not purchased the product from enjoying/suffering them” (Rigall-I-Torrent & Fluvià, 2011, p.244). In this context, the growing number of beaches’ visitors requires the engagement of governments to develop public policies capable of mitigating the adverse effects generated on these tourism resources, preserving them from the human/tourists activities (Rigall-I-Torrente & Fluvià, 2011; Alves, Rigall-I-Torrent, Ballester, Benavente, & Ferreira, 2015). In this sense, this research explores the use of hedonic price model assessing willingness to pay of visitors and evaluating the non-use value of Albufeira do Azibo, riverside beach, located in the Northeast of Portugal. |
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