Rider Preferences and Economic Values for Equestrian Trails
AbstractRecreational horseback riding is an important but less studied component of the equine industry. Using choice experiment data collected from a survey conducted in Kentucky, this study assesses rider preferences and economic values associated with various equestrian trail characteristics. Results indicate that although individuals have different opinions, trail characteristics such as length of trail, scenic views, and distance from home all have significant economic implications. In addition, riders prefer trails that are restricted for horse-riding only. Policy implications on maintaining current and creating new trails are given based on these results.
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Bibliographic InfoPaper provided by Agricultural and Applied Economics Association in its series 2012 Annual Meeting, August 12-14, 2012, Seattle, Washington with number 123212.
Date of creation: 02 May 2012
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choice experiment; economic valuation; equestrian trail; Land Economics/Use; Resource /Energy Economics and Policy; Q26;
Find related papers by JEL classification:
- Q26 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Recreational Aspects of Natural Resources
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