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National estimates of the recreational value of streamflow

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  • Hansen, LeRoy T.
  • Hallam, Arne

Abstract

This paper presents one practical method of valuing the recreational fishing benefits generated by a unit of water as it moves downstream. A cross-sectional analysis is employed to estimate the change in individuals' fishing behavior due to a change in availability of fishery resources. A proxy for the availability of stream fishery resources is derived from the link between changes in streamflow consumption to changes in the quality of fishing downstream. The results show that marginal increases in streamflow can generate recreational benefits that exceed the marginal value of water in agriculture in some regions of the country.

Suggested Citation

  • Hansen, LeRoy T. & Hallam, Arne, 1991. "National estimates of the recreational value of streamflow," ISU General Staff Papers 199102010800001541, Iowa State University, Department of Economics.
    • Handle: RePEc:isu:genstf:199102010800001541
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    References listed on IDEAS

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    1. William A. Barnett, 2004. "Pollak and Wachter on the Household Production Function Approach," Contributions to Economic Analysis, in: Functional Structure and Approximation in Econometrics, pages 435-444, Emerald Group Publishing Limited.
    2. John T. Daubert & Robert A. Young, 1981. "Recreational Demands for Maintaining Instream Flows: A Contingent Valuation Approach," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 63(4), pages 666-676.
    3. Bockstael, Nancy E & McConnell, Kenneth E, 1983. "Welfare Measurement in the Household Production Framework," American Economic Review, American Economic Association, vol. 73(4), pages 806-814, September.
    4. Bockstael, Nancy E. & McConnell, Kenneth E., 1981. "Theory and estimation of the household production function for wildlife recreation," Journal of Environmental Economics and Management, Elsevier, vol. 8(3), pages 199-214, September.
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    2. Hansen, LeRoy T. & Feather, Peter & Shank, David, 1999. "Valuation Of Agriculture'S Multi-Site Environmental Impacts: An Application To Pheasant Hunting," Agricultural and Resource Economics Review, Northeastern Agricultural and Resource Economics Association, vol. 28(2), pages 1-9, October.
    3. Sheila M. Olmstead, 2010. "The Economics of Managing Scarce Water Resources," Review of Environmental Economics and Policy, Association of Environmental and Resource Economists, vol. 4(2), pages 179-198, Summer.
    4. Kuwayama, Yusuke & Olmstead, Sheila & Krupnick, Alan, 2013. "Water Resoures and Unconventional Fossil Fuel Development: Linking Physical Impacts to Social Costs," RFF Working Paper Series dp-13-34, Resources for the Future.
    5. Matete, Mampiti & Hassan, Rashid, 2006. "Integrated ecological economics accounting approach to evaluation of inter-basin water transfers: An application to the Lesotho Highlands Water Project," Ecological Economics, Elsevier, vol. 60(1), pages 246-259, November.

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