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Peace is Much More than Doves: The Economic Benefits of Bird-Based Tourism as a Result of the Peace Treaty in Colombia

28 Pages Posted: 25 May 2017  

Jorge H Maldonado

Universidad de los Andes, Colombia - Department of Economics; LACEEP

Rocio del Pilar Moreno Sánchez

Independent

Sophia Espinoza

Independent

Aaron Bruner

Independent

Natalia Garzon

Universidad de los Andes, Colombia - Department of Economics

John Myers

Independent

Date Written: April 7, 2017

Abstract

Colombia has the greatest bird diversity of any country in the world, with approximately 20% of all bird species worldwide. Advances made by the Colombian government to end long-standing armed conflict and to promote ecotourism can help position Colombia as one of the most important bird watching destinations. This study estimates the economic benefits derived from peace in Colombia through the value that members of the US-based National Audubon Society place on a birding tour of Northern Colombia’s Caribbean coast. The study analyzes preferences for a tour that includes the participation of local communities (some of whom were victims of the armed conflict), and visits to areas of importance for bird watching that would offer greater accessibility and safety for visitors after the Peace Agreement. Through the application of the contingent valuation method, results show that birding enthusiasts would be willing to pay, on average, an additional $60 per day and per person for a tour inside Colombia, as compared to a similar tour in Costa Rica. In addition to confirming demand for bird-based travel, the study provides information about potential visitors’ preferences, which can help guide the development of a strategy to promote bird-based tourism to Colombia.

Keywords: contingent valuation, ecotourism, bird watching, peace process, Colombia

JEL Classification: Q26, Z32, Q51, Q55, O13, D12, C25

Suggested Citation

Maldonado, Jorge H and Moreno Sánchez, Rocio del Pilar and Espinoza, Sophia and Bruner, Aaron and Garzon, Natalia and Myers, John, Peace is Much More than Doves: The Economic Benefits of Bird-Based Tourism as a Result of the Peace Treaty in Colombia (April 7, 2017). Documento CEDE No. 2017-31. Available at SSRN: https://ssrn.com/abstract=2973980

Jorge Maldonado (Contact Author)

Universidad de los Andes, Colombia - Department of Economics ( email )

Carrera 1a No. 18A-10
Santafe de Bogota, AA4976
Colombia

LACEEP ( email )

CATIE
Turrialba
Costa Rica

Rocio del Pilar Moreno Sánchez

Independent ( email )

No Address Available

Sophia Espinoza

Independent ( email )

No Address Available

Aaron Bruner

Independent ( email )

No Address Available

Natalia Garzon

Universidad de los Andes, Colombia - Department of Economics ( email )

Carrera 1a No. 18A-10
Santafe de Bogota, AA4976
Colombia

John Myers

Independent ( email )

No Address Available

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