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Journal of Agricultural and Applied Economics >
Volume 36, Number 03, December 2004 >
Please use this identifier to cite or link to this item:
http://purl.umn.edu/43475
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| Title: | Effect of Ranchland Attributes on Recreational Hunting in Florida: A Hedonic Price Analysis |
| Authors: | Shrestha, Ram K.
Alavalapati, Janaki R.R. |
| Keywords: | hedonic model
hunting lease
land attributes
silvopasture |
| JEL Codes: | Q23
Q24
Q26
Q51
Q57 |
| Issue Date: | 2004-12 |
| Abstract: | 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 lease payments. We estimated the effects of these attributes on hunting revenues using a hedonic model. The results reveal that trees and vegetation cover on ranchlands have a positive impact on hunting revenues, indicating opportunities for silvopasture practices. Those ranchers in Florida who maintain about 22% trees and other vegetation cover receive $16.15 acre per year from hunting leases, but doubling the cover would generate only an additional $3.20 per acre per year. |
| URI: | http://purl.umn.edu/43475 |
| Institution/Association: | Journal of Agricultural and Applied Economics>Volume 36, Number 03, December 2004 |
| Total Pages: | 10 |
| From Page: | 763 |
| To Page: | 772 |
| Collections: | Volume 36, Number 03, December 2004
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| Shrestha JAAE December 2004.pdf | | 492Kb | PDF | View/Open |
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