Stephen Hosking

The value of the trout fishery at Rhodes, North Eastern Cape, South Africa: a travel cost analysis using count data models

Recent government legislation in South Africa (the National Environmental Management: Biodiversity Act, No.10 of 2004) calls for the removal of trout from ecosystems and habitats where they may cause harm. The elimination of trout would, however, undermine the tourism appeal of many upper catchments in South Africa to recreational fishers. This paper reports the first formal recreational valuation of a trout fishery in South Africa – the one in and around Rhodes village, North Eastern Cape. The valuation is carried out by applying the individual travel cost method using several count data models. The zero truncated negative binomial model which allows for the non-negative integer nature of the trip data, for truncation as well as for over-dispersion, found that the consumer surplus per day and per trip to the Rhodes trout fishery was ZAR2 668 (US

An Economic Approach to Allocating River Water to Estuaries in South Africa

334) and ZAR13,072 (US

A bridge too far? The arms deal, the Coega IDZ, and economic development in the Eastern Cape

1634), respectively in the year 2007, and the total consumer surplus generated was ZAR18,026,288 (US

THE VALUE OF TIGER SHARK DIVING WITHIN THE ALIWAL SHOAL MARINE PROTECTED AREA: A TRAVEL COST ANALYSIS

2 253,286).

Estimating the recreational value of freshwater inflows into the Klein and Kwelera estuaries: An application of the zonal travel cost method

Estuaries are last in line as a recipient of river water and for this reason they are particularly vulnerable to negative environmental impacts due to water scarcity and pollution. They only receive the runoff that has not been abstracted or prevented from reaching rivers. When this runoff is substantially reduced their functionality is undermined and they often become less attractive for recreational use. This article explores some aspects entailed in efficiently managing the allocation of water to estuaries problem and some associated problems. It is shown that efficient management requires the marginal social costs of the inflows to be brought into equivalence with the marginal social values of the inflows, and these values may be estimated, but that there are the challenges in this estimation and in linking these estimates to the welfare of the people in whom the managers of river systems are (presumed to be) interested.

A recreational valuation of the freshwater inflows into the Keurbooms Estuary by means of a contingent valuation study

Abstract Offsets or industrial participation have become an increasingly important part of arms procurement, with the promise of economic benefits often being an important justification for spending large amounts of public money. However, the limited but growing research on the subject casts doubt on the net value of defence offsets to national economies. An important aspect af any offset agreement is its impact at the regional and local levels. This paper contributes to the continuing debate on the topic, by undertaking a case study of the South African experience, focusing on the Coega Industrial Development Zone, which is situated on the coast some 22 kilometres north-east of Port Elizabeth. The endurance of the Coega IDZ (Industrial Development Zone) project in the face of considerable national criticism from business, other provinces, and civil society, can be explained in part by its identification as the flagship of the NIP (National Industrial Participation) programme, and its reciprocal role in helping the private and public justification of the Strategic Defence Programme (SDP). The study finds that industrial participation schemes do attract and focus investment, but that they also deform efforts at more integrated development at sub-national levels, and further fragment the terrain for industrial policy conceptualisation. It suggests that the offsets targeted for the Eastern Cape do relatively little to address backlogs in development in the region.