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Future demand projections reported in this paper indicate a steady increase in demand for outdoor recreational opportunities in U.S. regions where BLM lands are located. From a supply perspective, BLM lands represent "prime targets" for meeting increased recreational demand in the western U.S....
Persistent link: https://www.econbiz.de/10005806105
Coastal coral reefs, especially in the Florida Keys, are declining at a disturbing rate. Marine ecologists and reef scientists have emphasized the importance of establishing nonmarket values of coral reefs to assess the cost effectiveness of coral reef management and remediation programs. The...
Persistent link: https://www.econbiz.de/10005806107
Persistent link: https://www.econbiz.de/10008519152
This study has examined the transferability of consumer's surplus estimates (fixed value transfer) and transferability of benefit functions from the Southern Appalachian Mountain ecoregion to a local site within the ecoregional level. Given data used in this study, it is found that...
Persistent link: https://www.econbiz.de/10005493756
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...
Persistent link: https://www.econbiz.de/10005493761
We combine currently popular count data methods with earlier work by Vaughan and Russell on varying parameter travel cost models to model trip demand and calculate consumer surplus. We test and reject the hypothesis that per trip consumer surplus from guided rafting is invariant to river...
Persistent link: https://www.econbiz.de/10005330911