A PROPOSED METHODOLOGY FOR ESTIMATING ECOREGIONAL VALUES FOR OUTDOOR RECREATION IN THE UNITED STATES

Gajanan Bhat, John Bergstrom, J. Michael Bowker and H. Ken Cordell ()

No 96-04, Faculty Series from University of Georgia, Department of Agricultural and Applied Economics

Abstract: This paper provides a methodology for the estimation of recreational demand functions and values using an ecoregional approach. Ten ecoregions in the continental US were defined based on similarly functioning ecosystem characters. The individual travel cost method was employed to estimate the recreational demand functions for activities such as motorboating and waterskiing, developed and primative camping, coldwater fishing, sightseeing and pleasure driving, and big game hunting for each ecoregions. Estimates of per trip net income value range from $12.93 to$218.38 while per day estimates range from $4.31 to $109.19. While our ecoregional approach differs conceptually from previous work, our results appear consistent with the previous travel cost method valuation studies.

Keywords: Recreation; ecoregion; travel cost method; truncated poisson model (search for similar items in EconPapers)
Date: 1996
Note: Missing tables 1,2,3,4,5 and 6
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Working Paper: A PROPOSED METHODOLOGY FOR ESTIMATING ECOREGIONAL VALUES FOR OUTDOOR RECREATION IN THE UNITED STATES (1996)
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