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A Proposed Methodology For Estimating Ecoregional Values For Outdoor Recreation In The United States

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  • Bhat, Gajanan
  • Bergstrom, John C.
  • Bowker, James Michael
  • Cordell, H. Ken

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. (Missing tables 1,2,3,4,5 and 6)

Suggested Citation

  • Bhat, Gajanan & Bergstrom, John C. & Bowker, James Michael & Cordell, H. Ken, 1996. "A Proposed Methodology For Estimating Ecoregional Values For Outdoor Recreation In The United States," Faculty Series 16686, University of Georgia, Department of Agricultural and Applied Economics.
    • Handle: RePEc:ags:ugeofs:16686
    DOI: 10.22004/ag.econ.16686
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    References listed on IDEAS

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    1. Michael D. Creel & John B. Loomis, 1990. "Theoretical and Empirical Advantages of Truncated Count Data Estimators for Analysis of Deer Hunting in California," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 72(2), pages 434-441.
    2. Daniel M. Hellerstein, 1991. "Using Count Data Models in Travel Cost Analysis with Aggregate Data," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 73(3), pages 860-866.
    3. Wiktor L. Adamowicz & Jerald J. Fletcher & Theodore Graham-Tomasi, 1989. "Functional Form and the Statistical Properties of Welfare Measures," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 71(2), pages 414-421.
    4. Elizabeth A. Wilman & Richard J. Pauls, 1987. "Sensitivity of Consumers' Surplus Estimates to Variation in the Parameters of the Travel Cost Model," Canadian Journal of Agricultural Economics/Revue canadienne d'agroeconomie, Canadian Agricultural Economics Society/Societe canadienne d'agroeconomie, vol. 35(1), pages 197-212, March.
    5. John R. Stoll & John B. Loomis & John C. Bergstrom, 1987. "A Framework For Identifying Economic Benefits And Beneficiaries Of Outdoor Recreation," Review of Policy Research, Policy Studies Organization, vol. 7(2), pages 443-452, December.
    6. Grogger, J T & Carson, Richard T, 1991. "Models for Truncated Counts," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 6(3), pages 225-238, July-Sept.
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    Cited by:

    1. Allen, Bryon & Loomis, John B., 2004. "Economic Value of Original Non-Market Valuation Research," 2004 Annual meeting, August 1-4, Denver, CO 20263, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).

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