Estimating Existence Value for Users and Nonusers of New Jersey Beaches

Jonathan Silberman, Daniel A. Gerlowski and Nancy A. Williams

Land Economics, 1992, vol. 68, issue 2, 225-236

Abstract: This study reports empirical evidence on existence value for beach nourishment. The focus is an analysis of respondents who intend to use the beach to be nourished and those who do not. Differences are found among the two groups, but not among categories of nonusers. An application of this result is that surveying can be limited to respondents engaged in the recreation activity being analyzed. Existence value for respondents intending to use the beach was found to include a recreation value component. Our results support the argument that the only valid measure of existence value is the willingness-to-pay amounts of nonusers.

Date: 1992
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Persistent link: https://EconPapers.repec.org/RePEc:uwp:landec:v:68:y:1992:i:2:p:225-236

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