Valuation of Tourism Resources in Context of Natural Resource Accounting

Authors

  • Sudipta Ghosh Assistant Professor, Department of Commerce, Maharani Kasiswari College, Kolkata

DOI:

https://doi.org/10.33516/maj.v56i6.44-46p

Keywords:

No Keywords.

Abstract

Most of the natural and environmental resources are not traded in market as they are nature’s gift. Yet they are not at all “freeâ€. Valuation of nature based tourism resources can be done by following the methodologies described in natural resource accounting framework (which is a part of environmental economics, is a broader sense). This paper describes the different methods used to value natural/environmental resources relating to tourism.

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Published

2021-06-30

How to Cite

Ghosh, S. (2021). Valuation of Tourism Resources in Context of Natural Resource Accounting. The Management Accountant Journal, 56(6), 44–46. https://doi.org/10.33516/maj.v56i6.44-46p

Issue

Volume 56, Issue 6, June 2021

Section

Cover Story
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Scopus
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Europe PMC

References

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https://www.ecosystemvaluation.org/hedonic_pricing.htm. Accessed on 30-04-2021.

https://www.thehindu.com/news/national/natural-resource-accounting-is-a-promising-assessment-tool/article30735360.ece. Accessed on 20-04-2021.

Mandic, A. (2017). Economic Valuation of Environmental Resources integrated in Tourism Product-Methodological Approaches. 4th International Multidisciplinary Scientific Conferences on Social Sciences & Arts SGEM 2017.

Mburu, J. (2014). Economic Valuation and Environmental Assessment, IUCN The World Conservation Union.

Palmquist, R.B. (2006). Property Value Models. Handbook of Environmental Economics, Volume 2, Elsevier.

Stabler, M.J., Papatheodorou, A. & Sinclair, M.T. (2010). The Economics of Tourism, Routledge.

Tisdell, C. (2003). Valuation of Tourism’s Natural Resources. Economics, Ecology and the Environment, Working Paper No. 81, The University of Queensland.

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