Measuring the Location Value of a Recreation Site

The demand for sport fishing on the Snake River reservoirs was estimated using the travel cost method. A short-run demand model was specified with location value for anglers who have the option to access a follow-on site if fishing conditions are poor. Willingness to pay for a fishing trip to the site was $18.52 for anglers who did not have a follow-on site and $43.48 for anglers who did. A location value of $24.96 accrued only to anglers with a follow-on site. Total annual site value was understated by as much as 40% ($0.78 million) if location value for anglers with a follow-on site was excluded from the benefit estimate.


Issue Date:
2010
Publication Type:
Journal Article
PURL Identifier:
http://purl.umn.edu/61063
Published in:
Journal of Agricultural and Resource Economics, Volume 35, Number 1
Page range:
87-104
Total Pages:
18
Series Statement:
JARE
35(1)




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

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