IDEAS home Printed from https://ideas.repec.org/p/ags/ohswps/28322.html
   My bibliography  Save this paper

The Economic Value Of Marine Recreational Fishing: Applying Benefit Transfer To Marine Recreational Fisheries Statistics Survey (Mrfss)

Author

Listed:
  • Jeong, Hyojin
  • Haab, Timothy C.

Abstract

Using two data sets from the same source but in different years (1994 and 1997) and regions (Northeast and Southeast), benefit transfer estimates are compared with original estimates to examine the convergent validity of benefit function transfer. Although benefit transfer error could go up to over 400% of original estimates for a particular case, the magnitude of benefit transfer error is less than 100% of original estimates for most cases. Since two data sets used for benefit transfer are from different regions and years, whether regional or temporal variation is more responsible for benefit transfer error can not be determined without intra-regional or intra-temporal data.

Suggested Citation

  • Jeong, Hyojin & Haab, Timothy C., 2004. "The Economic Value Of Marine Recreational Fishing: Applying Benefit Transfer To Marine Recreational Fisheries Statistics Survey (Mrfss)," Working Papers 28322, Ohio State University, Department of Agricultural, Environmental and Development Economics.
    • Handle: RePEc:ags:ohswps:28322
    DOI: 10.22004/ag.econ.28322
    as

    Download full text from publisher

    File URL: https://ageconsearch.umn.edu/record/28322/files/wp040039.pdf
    Download Restriction: no
    File URL: https://libkey.io/10.22004/ag.econ.28322?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Kirchhoff, Stefanie & Colby, Bonnie G. & LaFrance, Jeffrey T., 1997. "Evaluating the Performance of Benefit Transfer: An Empirical Inquiry," Journal of Environmental Economics and Management, Elsevier, vol. 33(1), pages 75-93, May.
    2. 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.
    3. Peter Feather & Daniel Hellerstein, 1997. "Calibrating Benefit Function Transfer to Assess the Conservation Reserve Program," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 79(1), pages 151-162.
    4. Roy Brouwer & Frank Spaninks, 1999. "The Validity of Environmental Benefits Transfer: Further Empirical Testing," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 14(1), pages 95-117, July.
    5. John C. Bergstrom & Paul Civita, 1999. "Status of Benefits Transfer in the United States and Canada: A Review," Canadian Journal of Agricultural Economics/Revue canadienne d'agroeconomie, Canadian Agricultural Economics Society/Societe canadienne d'agroeconomie, vol. 47(1), pages 79-87, March.
    6. W. Michael Hanemann, 1994. "Valuing the Environment through Contingent Valuation," Journal of Economic Perspectives, American Economic Association, vol. 8(4), pages 19-43, Fall.
    7. V. Kerry Smith & George Van Houtven & Subhrendu K. Pattanayak, 2002. "Benefit Transfer via Preference Calibration: "Prudential Algebra" for Policy," Land Economics, University of Wisconsin Press, vol. 78(1), pages 132-152.
    8. Herriges, Joseph A. & Kling, Catherine L., 2003. "Recreation Demand Models," Staff General Research Papers Archive 10211, Iowa State University, Department of Economics.
    9. Catherine L. Kling, 1988. "The Reliability of Estimates of Environmental Benefits from Recreation Demand Models," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 70(4), pages 892-901.
    10. Brouwer, Roy, 2000. "Environmental value transfer: state of the art and future prospects," Ecological Economics, Elsevier, vol. 32(1), pages 137-152, January.
    11. Cropper, Maureen L & Deck, Leland B & McConnell, Kenneth E, 1988. "On the Choice of Functional Form for Hedonic Price Functions," The Review of Economics and Statistics, MIT Press, vol. 70(4), pages 668-675, November.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Rosenberger, Randall S. & Stanley, Tom D., 2006. "Measurement, generalization, and publication: Sources of error in benefit transfers and their management," Ecological Economics, Elsevier, vol. 60(2), pages 372-378, December.
    2. Luke Brander & Andrea Ghermandi & Onno Kuik & Anil Markandya & Paulo A.L.D. Nunes & Marije Schaafsma & Alfred Wagtendonk, 2010. "Scaling up Ecosystem Services Values: Methodology, Applicability and a Case Study," Working Papers 2010.41, Fondazione Eni Enrico Mattei.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Genty, Aurélien, 2005. "Du concept à la fiabilité de la méthode du transfert en économie de l’environnement : un état de l’art," Cahiers d'Economie et de Sociologie Rurales (CESR), Institut National de la Recherche Agronomique (INRA), vol. 77.
    2. Chris Dumas & Pete Schuhmann & John C. Whitehead, 2004. "Measuring the Economic Benefits of Water Quality Improvement with the Benefit Transfer Method: An Introduction for Non-Economists," Working Papers 04-12, Department of Economics, Appalachian State University.
    3. Rosenberger, Randall S., 2001. "Testing the Validity of Benefit Transfers: A Site Correspondence Model," Western Region Archives 321686, Western Region - Western Extension Directors Association (WEDA).
    4. McArthur, David Philip & Kleppe, Gisle & Thorsen, Inge & Ubøe, Jan, 2011. "The spatial transferability of parameters in a gravity model of commuting flows," Journal of Transport Geography, Elsevier, vol. 19(4), pages 596-605.
    5. Marianne Zandersen & Mette Termansen & Frank S. Jensen, 2005. "Valuing New Forest Sites over Time: the Case of Afforestation and Recreation in Denmark," Working Papers FNU-80, Research unit Sustainability and Global Change, Hamburg University, revised Aug 2005.
    6. Ram Shrestha & John Loomis, 2003. "Meta-Analytic Benefit Transfer of Outdoor Recreation Economic Values: Testing Out-of-Sample Convergent Validity," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 25(1), pages 79-100, May.
    7. Rosenberger, Randall S. & Stanley, Tom D., 2006. "Measurement, generalization, and publication: Sources of error in benefit transfers and their management," Ecological Economics, Elsevier, vol. 60(2), pages 372-378, December.
    8. Brander, Luke M. & Ghermandi, Andrea & Kuik, Onno & Markandya, Anil & Nunes, Paulo A.L.D. & Schaafsma, Marije & Wagtendonk, Alfred, 2010. "Scaling up Ecosystem Services Values: Methodology, Applicability and a Case Study," Sustainable Development Papers 60689, Fondazione Eni Enrico Mattei (FEEM).
    9. Sudip Chattopadhyay, 2003. "A Repeated Sampling Technique in Assessing the Validity of Benefit Transfer in Valuing Non-Market Goods," Land Economics, University of Wisconsin Press, vol. 79(4), pages 576-596.
    10. Brouwer, Roy & Bateman, Ian J., 2005. "Benefits transfer of willingness to pay estimates and functions for health-risk reductions: a cross-country study," Journal of Health Economics, Elsevier, vol. 24(3), pages 591-611, May.
    11. Zandersen, Marianne & Termansen, Mette & Jensen, Frank S., 2007. "Evaluating approaches to predict recreation values of new forest sites," Journal of Forest Economics, Elsevier, vol. 13(2-3), pages 103-128, August.
    12. Brander, Luke M. & Van Beukering, Pieter & Cesar, Herman S.J., 2007. "The recreational value of coral reefs: A meta-analysis," Ecological Economics, Elsevier, vol. 63(1), pages 209-218, June.
    13. Barton, David N., 2002. "The transferability of benefit transfer: contingent valuation of water quality improvements in Costa Rica," Ecological Economics, Elsevier, vol. 42(1-2), pages 147-164, August.
    14. Masiero, Mauro & Franceschinis, Cristiano & Mattea, Stefania & Thiene, Mara & Pettenella, Davide & Scarpa, Riccardo, 2018. "Ecosystem services’ values and improved revenue collection for regional protected areas," Ecosystem Services, Elsevier, vol. 34(PA), pages 136-153.
    15. Stellin, Giuseppe & Candido, Alice, 2006. "The Transfer of Benefit Measures: The Applicability Conditions and the Results," Conference Papers 6627, University of Minnesota, Center for International Food and Agricultural Policy.
    16. Kukielka, Jessica B. & Johnston, Robert J. & Duke, Joshua M., 2008. "Systematic Variation in Willingness to Pay for Agricultural Land Preservation and Implications for Benefit Transfer: A Meta-Analysis," 2008 Annual Meeting, July 27-29, 2008, Orlando, Florida 6121, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    17. Robert J. Johnston & Ewa Zawojska, 2020. "Relative Versus Absolute Commodity Measurements in Benefit Transfer: Consequences for Validity and Reliability," American Journal of Agricultural Economics, John Wiley & Sons, vol. 102(4), pages 1245-1270, August.
    18. Brouwer, Roy, 2006. "Do stated preference methods stand the test of time? A test of the stability of contingent values and models for health risks when facing an extreme event," Ecological Economics, Elsevier, vol. 60(2), pages 399-406, December.
    19. Robert J. Johnston & Randall S. Rosenberger, 2010. "Methods, Trends And Controversies In Contemporary Benefit Transfer," Journal of Economic Surveys, Wiley Blackwell, vol. 24(3), pages 479-510, July.
    20. Robert J. Johnston & Kevin J. Boyle & Maria L. Loureiro & Ståle Navrud & John Rolfe, 2021. "Guidance to Enhance the Validity and Credibility of Environmental Benefit Transfers," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 79(3), pages 575-624, July.

    More about this item

    Keywords

    Resource /Energy Economics and Policy;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ags:ohswps:28322. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: AgEcon Search (email available below). General contact details of provider: https://edirc.repec.org/data/daohsus.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.