Economic and financial values of the Great Barrier Reef Marine Park

Abstract

The purpose of this paper was to update the financial values presented in a previous report , and also further discuss methods by which resource values for the Great Barrier Reef Marine Park may be estimated on an ongoing basis. The identification of appropriate models was considered an essential first step for the effective evaluation of resource management strategies as the type and format of the data required for estimating resource values depends highly on the evaluation model.