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Recreation Benefits From An Improvement In Water Quality At St. Albans Bay, Vermont

Author

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  • Ribaudo, Marc
  • Young, C. Edwin
  • Epp, Donald

Abstract

A 1982 survey of recreationists using the northeastern portion of Lake Champlain indicates that improving the water quality of St. Albans Bay, Vermont, would produce significant economic benefits. St. Albans Bay is currently suffering nutrient enrichment problems from both point and nonpoint sources. Applying the survey data to a travel cost model produced a benefit estimate for clean water of $537,000 per year for recreationists. Recreation benefits for clean water estimated by using the contingent rating method came to $230,000 per year. The two methods are compared and reasons give as to why the contingent rating results may be more accurate.

Suggested Citation

  • Ribaudo, Marc & Young, C. Edwin & Epp, Donald, 1984. "Recreation Benefits From An Improvement In Water Quality At St. Albans Bay, Vermont," Staff Reports 277577, United States Department of Agriculture, Economic Research Service.
  • Handle: RePEc:ags:uerssr:277577
    DOI: 10.22004/ag.econ.277577
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    Cited by:

    1. Libby, Lawrence W., 1985. "Who Should Pay for Nonpoint Pollution Abatement?," Staff Paper Series 200892, Michigan State University, Department of Agricultural, Food, and Resource Economics.
    2. Tay, Richard & McCarthy, Patrick S. & Fletcher, Jerald J., 1996. "A portfolio choice model of the demand for recreational trips," Transportation Research Part B: Methodological, Elsevier, vol. 30(5), pages 325-337, October.

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