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A Hedonic Analysis of Private Hunting Land Attributes Using an Alternative Functional Form

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  • Messonier, Mark L.
  • Luzar, E. Jane

Abstract

A hedonic framework is used to analyze selected attributes of Louisiana deer hunting leases that are hypothesized to be significant contributors to lease value. The flexible Box-Cox functional form is used in contrast to the often utilized linear regression specification. Additionally, the hypothesis of regional differences in slope coefficients of lease attributes is addressed. Results indicate that hunters in the two analyzed regions value lease attributes and services differently.

Suggested Citation

  • Messonier, Mark L. & Luzar, E. Jane, 1990. "A Hedonic Analysis of Private Hunting Land Attributes Using an Alternative Functional Form," Journal of Agricultural and Applied Economics, Cambridge University Press, vol. 22(2), pages 129-135, December.
    • Handle: RePEc:cup:jagaec:v:22:y:1990:i:02:p:129-135_00
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    Cited by:

    1. Straka, Thomas J., 2011. "Contribution of Wildlife to the Value of U.S. Southern Forestland," Journal of the ASFMRA, American Society of Farm Managers and Rural Appraisers, vol. 2011, pages 1-9, June.
    2. Zheng Liu & Ron Fleming & Angelos Pagoulatos & Wuyang Hu, 2010. "The Supply of Private Acreage for Public Recreational Use in Southern and Central Appalachia," Growth and Change, Wiley Blackwell, vol. 41(4), pages 540-555, December.
    3. Bernado, Daniel J. & Boudreau, Greg W. & Bidwell, Terrence G., 1992. "Economic Tradeoffs Between Livetock Grazing and Wildlife Habitat on Oklahoma Rangelands," WAEA/ WFEA Conference Archive (1929-1995) 321354, Western Agricultural Economics Association.
    4. Henderson, Jason R. & Moore, Sean, 2006. "The Capitalization of Wildlife Recreation Income into Farmland Values," Journal of Agricultural and Applied Economics, Southern Agricultural Economics Association, vol. 38(3), pages 1-14, December.
    5. Ian A. Munn & Anwar Hussain, 2010. "Factors Determining Differences in Local Hunting Lease Rates: Insights from Blinder-Oaxaca Decomposition," Land Economics, University of Wisconsin Press, vol. 86(1), pages 66-78.
    6. Luzar, E. Jane & Gan, Christopher E.C. & Kanjilal, Barun & Messonnier, Mark L., 1992. "Quality As A Latent Variable In Recreation Access Analysis," Southern Journal of Agricultural Economics, Southern Agricultural Economics Association, vol. 24(2), pages 1-8, December.
    7. Carole Ropars-Collet & Philippe Le Goffe, 2009. "Modèle bioéconomique appliqué à la gestion du sanglier, dégâts agricoles et prix des chasses en forêt domaniale," Post-Print hal-00730019, HAL.
    8. Limsombunchai, Visit, 2004. "House Price Prediction: Hedonic Price Model vs. Artificial Neural Network," 2004 Conference, June 25-26, 2004, Blenheim, New Zealand 97781, New Zealand Agricultural and Resource Economics Society.
    9. Shrestha, Ram K. & Alavalapati, Janaki R.R., 2004. "Effect of Ranchland Attributes on Recreational Hunting in Florida: A Hedonic Price Analysis," Journal of Agricultural and Applied Economics, Southern Agricultural Economics Association, vol. 36(3), pages 1-10, December.
    10. Hussain, Anwar & Munn, Ian A. & Loden, Emily K. & Grado, Stephen C. & Jones, Daryl W., 2005. "Factors Influencing Lease Revenue and Non-industrial Landowners' Willingness to allow Hunting Access," 2005 Annual meeting, July 24-27, Providence, RI 19326, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    11. Ropars-Collet, Carole & Le Goffe, Philippe, 2009. "La gestion du sanglier : modèle bioéconomique, dégâts agricoles et prix des chasses en forêt domaniale," Working Papers 210982, Institut National de la recherche Agronomique (INRA), Departement Sciences Sociales, Agriculture et Alimentation, Espace et Environnement (SAE2).
    12. Lozano, Julian E. & Elofsson, Katarina & Surry, Yves, 2021. "Heterogeneous impacts of large carnivores on hunting lease prices," Land Use Policy, Elsevier, vol. 101(C).
    13. Martínez-Jauregui, María & Herruzo, A. Casimiro & Campos, Pablo & Soliño, Mario, 2016. "Shedding light on the self-consumption value of recreational hunting in European Mediterranean forests," Forest Policy and Economics, Elsevier, vol. 69(C), pages 83-89.

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