The Recreational Value of the Forestry Commission Estate in Great Britain: A Clawson-Snetsch Travel Cost Analysis
AbstractOpen-access recreation benefits of forests are shown to be much larger than previously thought by the National Audit Office. Forecasts were classified by tree and recreational characteristics into different classes, and a random sample of visitors interviewed at sites within each cluster. A zonal travel cost model was used to estimate demand for forest recreation. Consumer surplus per visit varied significantly by type of forest, as did total visitor numbers. The effect of the inclusion of consumer surplus from recreation on the internal rate of return of timber production is variable. It is negligible for many areas of forestry. Copyright 1991 by Scottish Economic Society.
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Bibliographic InfoArticle provided by Scottish Economic Society in its journal Scottish Journal of Political Economy.
Volume (Year): 38 (1991)
Issue (Month): 1 (February)
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Web page: http://www.blackwellpublishing.com/journal.asp?ref=0036-9292
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- Zandersen, Marianne & Tol, Richard S.J., 2009. "A meta-analysis of forest recreation values in Europe," Journal of Forest Economics, Elsevier, vol. 15(1-2), pages 109-130, January.
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