Economic Viability of Developing Passive Recreational Opportunities in Puerto Rico: Insights for Sustainable Forest Management
Héctor Tavárez () and
Alicia Barriga
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Héctor Tavárez: Department of Agricultural Economics and Rural Sociology, University of Puerto Rico at Mayagüez, Mayagüez 00681, Puerto Rico
Sustainability, 2023, vol. 15, issue 21, 1-17
Abstract:
Forests offer a diverse range of ecosystem services for humans. For example, forests provide the space for passive recreational activities such as camping, hiking and bird watching. These activities are appealing to residents of all ages and in particular to those who cannot engage in more active recreational activities involving substantial expenditure of physical energy. The literature that examines the economic viability of developing passive recreational activities in forest ecosystems in developing countries is limited. Thus, using the Rio Hondo Community Forest in Puerto Rico as a case study, this study seeks to (1) estimate the benefits and costs of passive recreational opportunities, some of the nonmarket goods and services this forest offers, and (2) conduct a cost–benefit analysis to determine the economic viability of developing passive recreational activities. The results from this paper show that, in general, the residents prefer passive recreational activities demanding less effort. The development of such activities is economically viable. This study seeks to encourage inclusive forest management, ensuring that all groups of residents benefit from the forest, while simultaneously emphasizing sustainable practices.
Keywords: choice experiments; cost–benefit analysis; forest ecosystem; outdoor recreation; Puerto Rico; willingness to pay (search for similar items in EconPapers)
JEL-codes: O13 Q Q0 Q2 Q3 Q5 Q56 (search for similar items in EconPapers)
Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:gam:jsusta:v:15:y:2023:i:21:p:15450-:d:1270890
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