Effect of Ranchland Attributes on Recreational Hunting in Florida: A Hedonic Price Analysis

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.


Issue Date:
2004-12
Publication Type:
Journal Article
PURL Identifier:
http://purl.umn.edu/43475
Published in:
Journal of Agricultural and Applied Economics, Volume 36, Number 3
Page range:
763-772
Total Pages:
10
JEL Codes:
Q23; Q24; Q26; Q51; Q57




 Record created 2017-04-01, last modified 2017-08-25

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