An application of the individual travel cost method to Nyanga National Park Zimbabwe,

This study aimed at finding the monetary value that people attach on Nyanga National Park (NNP) using the individual travel cost method (ITCM). It also intended to find factors that influence individuals to visit NNP. From the findings we discovered that NNP is highly valued as indicated by a cons...

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Main Authors: Manzote, Emiriya, Mandishekwa, Robson, Gombarago, Esnath N. Tavengwa
Format: Article
Language:English
Published: Researchjournali’s Journal of Economics 2016
Subjects:
Online Access:http://www.researchjournali.com/view.php?id=174
http://hdl.handle.net/11408/1586
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author Manzote, Emiriya
Mandishekwa, Robson
Gombarago, Esnath N. Tavengwa
author_facet Manzote, Emiriya
Mandishekwa, Robson
Gombarago, Esnath N. Tavengwa
author_sort Manzote, Emiriya
collection DSpace
description This study aimed at finding the monetary value that people attach on Nyanga National Park (NNP) using the individual travel cost method (ITCM). It also intended to find factors that influence individuals to visit NNP. From the findings we discovered that NNP is highly valued as indicated by a consumer surplus of US$ 9426.0576 per year or US$134.678 per average visitor. We also found out that substitute sites, travel costs and income influence an individual to visit NNP. Substitute sites and travel costs have a negative influence on an individual’s visit to NNP and this conforms to what theory says. An individual’s income has a negative impact on visits to NNP, we concluded that maybe people use their income mostly for consumption purposes and treat visits to NNP as inferior. From these findings, we recommended the NNP management committee to take great care of NNP since sustainable management of wildlife resources could provide very significant and much needed revenue for the country. We also recommended the NNP management committee to to take into consideration the quality of the site if its goal of being a superior site in the local, regional and international arena is to be attained.
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spelling ir-11408-15862022-06-27T13:49:06Z An application of the individual travel cost method to Nyanga National Park Zimbabwe, Manzote, Emiriya Mandishekwa, Robson Gombarago, Esnath N. Tavengwa Value, Individual Travel Cost Method, Nyanga National Park, Zimbabwe This study aimed at finding the monetary value that people attach on Nyanga National Park (NNP) using the individual travel cost method (ITCM). It also intended to find factors that influence individuals to visit NNP. From the findings we discovered that NNP is highly valued as indicated by a consumer surplus of US$ 9426.0576 per year or US$134.678 per average visitor. We also found out that substitute sites, travel costs and income influence an individual to visit NNP. Substitute sites and travel costs have a negative influence on an individual’s visit to NNP and this conforms to what theory says. An individual’s income has a negative impact on visits to NNP, we concluded that maybe people use their income mostly for consumption purposes and treat visits to NNP as inferior. From these findings, we recommended the NNP management committee to take great care of NNP since sustainable management of wildlife resources could provide very significant and much needed revenue for the country. We also recommended the NNP management committee to to take into consideration the quality of the site if its goal of being a superior site in the local, regional and international arena is to be attained. 2016-06-16T13:02:51Z 2016-06-16T13:02:51Z 2013 Article http://www.researchjournali.com/view.php?id=174 http://hdl.handle.net/11408/1586 en Researchjournali’s Journal of Economics;Vol. 1, No. 1; p. 1-16 open Researchjournali’s Journal of Economics
spellingShingle Value, Individual Travel Cost Method, Nyanga National Park, Zimbabwe
Manzote, Emiriya
Mandishekwa, Robson
Gombarago, Esnath N. Tavengwa
An application of the individual travel cost method to Nyanga National Park Zimbabwe,
title An application of the individual travel cost method to Nyanga National Park Zimbabwe,
title_full An application of the individual travel cost method to Nyanga National Park Zimbabwe,
title_fullStr An application of the individual travel cost method to Nyanga National Park Zimbabwe,
title_full_unstemmed An application of the individual travel cost method to Nyanga National Park Zimbabwe,
title_short An application of the individual travel cost method to Nyanga National Park Zimbabwe,
title_sort application of the individual travel cost method to nyanga national park zimbabwe,
topic Value, Individual Travel Cost Method, Nyanga National Park, Zimbabwe
url http://www.researchjournali.com/view.php?id=174
http://hdl.handle.net/11408/1586
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