engleski

Tourism and environmental assets : Review of valuation studies in Western Balkans countries

Public goods, specifically the environmental amenities and natural resources, are often a primary factor in attracting tourism demand. As tourism activity is gaining its importance in transition economies of Western Balkan countries, estimating the value of natural resources through tourism could increase the need for their protection and sustainable management. While there is a plenty of application of valuation techniques in Western European countries, the application of methods valuing such benefits is scarce in Western Balkans countries. Filling that gap, the paper reviews the application of the three most commonly used valuation techniques - Contingent Valuation, Travel Cost and Hedonic Pricing - in valuing natural resources from the tourism point of view in Western Balkan countries.

natural resources ; tourism ; valuation ; Western Balkan countries

Ovaj rad je u potpunosti podržan od strane Hrvatske zaklade za znanost kao dio znanstvenog projekta „Statistical Modelling for Response to Crisis and Economic Growth in Western Balkan Countries“ (STRENGTHS) ; Broj projekta: 9402 ; Projektno razdoblje: 2014.-2018 ; Voditeljica: prof.dr.sc.Ksenija Dumičić.