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We used the open-ended contingent valuation method to elicit willingnes to pay (WTP) for day visitors and extended visitors on the Ocala National Forest (ONF), Florida. A Tobit model specification was applied to account for the issues involved with censored WTP bids. The results reveal that...
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Florida’s open-space land-acquisition program is one of the most aggressive in the country, with $3.7 billion paid for 3.8 million acres since 1972. Using data from the Conservation and Recreational Lands (CARL) program, hedonic analyses found that acquiring private lands with valuable...
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Recreational hunting has been an attractive enterprise for some ranchers who are interested in supplementing their income from cattle. Ranchland attributes-such as parcel size, tree cover, and proximity to urban centers-are expected to influence hunters’ preferences and, thus, hunting...
Persistent link: https://www.econbiz.de/10005041407
Meta-analyses of past research outcomes are becoming more popular, however, the issue of the panel nature of data has not been empirically investigated. We test various forms of data stratifications into panels for outdoor recreation economic studies but do not find any significant effects,...
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A dynamic optimization model is used to compare the profitability of silvopasture with traditional cattle ranching in south Florida. Silvopasture can reduce phosphorus runoff from cattle ranching-a major environmental concern for Lake Okeechobee and the Everglades. Silvopasture can also...
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