A Combined Stated-Revealed Preference Model of Recreation in Irish Forestry

Stephen Hynes and Brian Cahill

No 710, Working Papers from Rural Economy and Development Programme,Teagasc

Abstract: This research utilises a contingent behaviour valuation technique to value a number of improvements to recreational facilities in small-scale forests in Ireland. Willingness–to-pay estimates have previously been made for Coillte (Ireland’s state-owned forestry company) trails and forests. The total non-market value of Irish forests has also been examined. This paper adds to the literature by being the first to estimate the consumer surplus associated with recreational enhancements to Irish small-scale forest resources. The results presented indicate that community owned small-scale forestry can contribute enormously to the wellbeing of nearby urban residents, through the provision of outdoor recreational services.

Keywords: contingent behaviour; travel cost; consumer surplus; forest recreation; Ireland (search for similar items in EconPapers)
Pages: 22 pages
Date: 2007
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