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The Value of Recreational Inshore Marine Fishing

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  • Kerr, Geoffrey N.
  • Latham, N.
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    Abstract

    The relative values of New Zealand commercial and recreational marine fishing are unknown. Value transfer is applied to assess the likely value of inshore marine recreational fishing. The few relevant studies available report widely differing estimates of value. However, there is sufficient evidence to indicate that the value of recreational fishing is of the same order of magnitude as commercial fishing.

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    File URL: http://purl.umn.edu/115408
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    Bibliographic Info

    Paper provided by New Zealand Agricultural and Resource Economics Society in its series 2011 Conference, August 25-26, 2011, Nelson, New Zealand with number 115408.

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    Date of creation: 2011
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    Handle: RePEc:ags:nzar11:115408

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    Web page: http://www.nzares.org.nz/
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    Keywords: Value transfer; recreational fishing; Environmental Economics and Policy;

    This paper has been announced in the following NEP Reports:

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    1. Trudy Ann Cameron, 1992. "Combining Contingent Valuation and Travel Cost Data for the Valuation of Nonmarket Goods," Land Economics, University of Wisconsin Press, vol. 68(3), pages 302-317.
    2. Wheeler, Sarah Ann & Damania, Richard, 2001. "Valuing New Zealand recreational fishing and an assessment of the validity of the contingent valuation estimates," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 45(4), December.
    3. Kevin J. Boyle & Nicolai V. Kuminoff & Christopher F. Parmeter & Jaren C. Pope, 2009. "Necessary Conditions for Valid Benefit Transfers," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 91(5), pages 1328-1334.
    4. Downing, Mark & Ozuna, Teofilo Jr., 1996. "Testing the Reliability of the Benefit Function Transfer Approach," Journal of Environmental Economics and Management, Elsevier, vol. 30(3), pages 316-322, May.
    5. Zhang, Jing & Hertzler, Greg & Burton, Michael P., 2003. "Valuing Western Australia’s Recreational Fisheries," 2003 Conference (47th), February 12-14, 2003, Fremantle, Australia 58275, Australian Agricultural and Resource Economics Society.
    6. Raguragavan, Jananee & Hailu, Atakelty & Burton, Michael P., 2010. "Economic valuation of recreational fishing in Western Australia," Working Papers 97473, University of Western Australia, School of Agricultural and Resource Economics.
    7. Morey, Edward R. & Shaw, W. Douglass & Rowe, Robert D., 1991. "A discrete-choice model of recreational participation, site choice, and activity valuation when complete trip data are not available," Journal of Environmental Economics and Management, Elsevier, vol. 20(2), pages 181-201, March.
    8. Hausman, Jerry A. & Leonard, Gregory K. & McFadden, Daniel, 1995. "A utility-consistent, combined discrete choice and count data model Assessing recreational use losses due to natural resource damage," Journal of Public Economics, Elsevier, vol. 56(1), pages 1-30, January.
    9. Cullen, Ross & Hughey, Kenneth F.D. & Kerr, Geoffrey N., 2006. "Public Perceptions of New Zealand's Environment," 2006 Conference, August 24-25, 2006, Nelson, New Zealand 31958, New Zealand Agricultural and Resource Economics Society.
    10. Prayaga, Prabha & Rolfe, John & Stoeckl, Natalie, 2010. "The value of recreational fishing in the Great Barrier Reef, Australia: A pooled revealed preference and contingent behaviour model," Marine Policy, Elsevier, vol. 34(2), pages 244-251, March.
    11. Bell, Frederick W., 1997. "The economic valuation of saltwater marsh supporting marine recreational fishing in the southeastern United States," Ecological Economics, Elsevier, vol. 21(3), pages 243-254, June.
    12. Dadi Kristofersson & Ståle Navrud, 2005. "Validity Tests of Benefit Transfer – Are We Performing the Wrong Tests?," Environmental & Resource Economics, European Association of Environmental and Resource Economists, vol. 30(3), pages 279-286, 03.
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