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The contingent behavior of charter fishing participants on the Chesapeake Bay: Welfare estimates associated with water quality improvements

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  • P. Joan Poor
  • Matthew Breece

Abstract

Water quality in the Chesapeake Bay has deteriorated over recent years. Historically, fishing has contributed to the region's local economy in terms of commercial and recreational harvests. A contingent behavior model is used to estimate welfare measures for charter fishing participants with regard to a hypothetical improvement in water quality. Using a truncated Poisson count model corrected for endogenous stratification, it was found that charter fishers not only contribute to the local market economy, but they also place positive non-market value on preserving the Bay's water quality. Using two estimates for travels costs it is estimated that the individual consumer surplus is $200 and $117 per trip, and the average individual consumer surplus values for an improvement in water quality is $75 and $44 for two models estimated.

Suggested Citation

  • P. Joan Poor & Matthew Breece, 2006. "The contingent behavior of charter fishing participants on the Chesapeake Bay: Welfare estimates associated with water quality improvements," Journal of Environmental Planning and Management, Taylor & Francis Journals, vol. 49(2), pages 265-278.
    • Handle: RePEc:taf:jenpmg:v:49:y:2006:i:2:p:265-278
    DOI: 10.1080/09640560500508064
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    References listed on IDEAS

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    1. Timothy C. Haab & Kenneth E. McConnell, 2002. "Valuing Environmental and Natural Resources," Books, Edward Elgar Publishing, number 2427.
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    Cited by:

    1. John C. Whitehead & Christopher F. Dumas & Craig E. Landry & Jim Herstine, 2013. "A recreation demand model of the North Carolina for-hire fishery: a comparison of primary and secondary purpose anglers," Applied Economics Letters, Taylor & Francis Journals, vol. 20(16), pages 1481-1484, November.
    2. John C. Whitehead & Christopher F. Dumas & Craig E. Landry & Jim Herstine, 2011. "Valuing Bag Limits in the North Carolina Charter Boat Fishery with Combined Revealed and Stated Preference Data," Working Papers 11-08, Department of Economics, Appalachian State University.
    3. Cropper, Maureen L. & Isaac, William, 2011. "The Benefits of Achieving the Chesapeake Bay TMDLs (Total Maximum Daily Loads): A Scoping Study," RFF Working Paper Series dp-11-31, Resources for the Future.

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