ECONOMIC IMPACT OF RECREATIONAL FISHING IN ALABAMA

Gbenga Ojumu, Diane Hite and Deacue Fields

Professional Agricultural Workers Journal (PAWJ), 2016, vol. 03, issue 2, 15

Abstract: Anglers’ direct mail survey data were used with IMPLAN (Impact Analysis for Planning), input-output system, to estimate the economic impact of recreational fishing in Alabama and the Alabama Black Belt. Separate economic impacts are analyzed for the Black Belt and the State; and direct, indirect, and induced economic impacts were estimated for government revenues, income, and employment. Possible increases in these impacts were also estimated for hypothetically improved recreational fishing sites, using the ‘ideal’ hypothetical site characteristics. The results showed a direct total value added impact of $102.5m; indirect impact of $24.7m, and an induced impact of $8.3m, which all add up to a total impact of $135.5m in total value added to the State. The total labor impact for the state is 4,442 jobs created as a result of anglers expenditures. Therefore, these results are expected to encourage the improvement of water resources for recreational fishing purposes.

Keywords: Agricultural and Food Policy; Environmental Economics and Policy (search for similar items in EconPapers)
Date: 2016
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Persistent link: https://EconPapers.repec.org/RePEc:ags:pawjal:236900

DOI: 10.22004/ag.econ.236900

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