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Home > Featured Articles > The market triumph of ecotourism: An economic investigation of the private and social benefits of competing land uses in the Peruvian Amazon > The market triumph of ecotourism: An economic investigation of the private and social benefits of competing land uses in the Peruvian Amazon

The market triumph of ecotourism: An economic investigation of the private and social benefits of competing land uses in the Peruvian Amazon [1]

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Annual revenue flow to developing countries for ecotourism (or nature-based tourism) could be as large as US$ 210×1012, providing an enormous financial incentive against habitat loss and exploitation. However, is ecotourism the most privately and/or socially valuable use of rainforest land? The question is rarely answered because the relevant data, estimates of profits and fixed costs, are rarely available. We present a social cost-benefit analysis of land use in an ecotourism cluster in the Tambopata region of Amazonian Peru. The net present value of ecotourism-controlled land is given by the producer surplus (profits plus fixed costs of ecotourism lodges): US$ 1,158 ha?1, which is higher than all currently practiced alternatives, including unsustainable logging, ranching, and agriculture.

Publication Date: 
01/09/2010
Christopher A. Kirkby [2], Renzo Giudice-Granados [3], Brett Day & et al [4]
PLoS ONE [5]
5
9
1
Tags:
Ecotourism [6], Land Use [7], Amazon [8], Cost Benefit Analysis [9], Tropical Forests [10], Forest Conservation [11], Forests [12], Market Based Instruments [13], Peru [14]
Centre for Science and Environment
National Knowledge Commission Government of India

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Source URL: http://admin.indiaenvironmentportal.org.in/feature-article/market-triumph-ecotourism-economic-investigation-private-and-social-benefits

Links:
[1] http://admin.indiaenvironmentportal.org.in/feature-article/market-triumph-ecotourism-economic-investigation-private-and-social-benefits
[2] http://admin.indiaenvironmentportal.org.in/category/author/christopher-kirkby
[3] http://admin.indiaenvironmentportal.org.in/category/author/renzo-giudice-granados
[4] http://admin.indiaenvironmentportal.org.in/category/author/brett-day-et-al
[5] http://admin.indiaenvironmentportal.org.in/category/journal/plos-one
[6] http://admin.indiaenvironmentportal.org.in/category/thesaurus/ecotourism
[7] http://admin.indiaenvironmentportal.org.in/category/thesaurus/land-use
[8] http://admin.indiaenvironmentportal.org.in/category/thesaurus/amazon
[9] http://admin.indiaenvironmentportal.org.in/category/thesaurus/cost-benefit-analysis
[10] http://admin.indiaenvironmentportal.org.in/category/thesaurus/tropical-forests
[11] http://admin.indiaenvironmentportal.org.in/category/thesaurus/forest-conservation
[12] http://admin.indiaenvironmentportal.org.in/category/thesaurus/forests
[13] http://admin.indiaenvironmentportal.org.in/category/thesaurus/market-based-instruments
[14] http://admin.indiaenvironmentportal.org.in/category/thesaurus/peru