IDEAS home Printed from https://ideas.repec.org/p/ags/waealo/36190.html
   My bibliography  Save this paper

The Value Of Sport Fishing In The Snake River Basin Of Central Idaho

Author

Listed:
  • McKean, John R.
  • Johnson, Donn M.
  • Taylor, R. Garth

Abstract

The value of sportfishing in the Snake River Basin in Central Idaho was measured using a two-stage/disequilibrium travel model. The two-stage/disequilibrium model does not require monetization of recreationists? travel time as required of traditional equilibrium labor market travel cost models. The model was estimated using Poisson regression, appropriate for count data when over-dispersion is absent, and adjusted for endogenous stratification (self selection bias) . Contrary to expectations that anglers living close to the sites with low values would be over represented in the sample, the endogenous stratification adjustment caused estimated consumers surplus to decline from $42 per person per trip before adjustment for endogenous stratification to $35 after adjustment. The average number of sportfishing trips per year was 6.72, resulting in an average annual willingness-to-pay of $236 per year per angler.

Suggested Citation

  • McKean, John R. & Johnson, Donn M. & Taylor, R. Garth, 2001. "The Value Of Sport Fishing In The Snake River Basin Of Central Idaho," 2001 Annual Meeting, July 8-11, 2001, Logan, Utah 36190, Western Agricultural Economics Association.
  • Handle: RePEc:ags:waealo:36190
    DOI: 10.22004/ag.econ.36190
    as

    Download full text from publisher

    File URL: https://ageconsearch.umn.edu/record/36190/files/sp01mc04.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Douglas M. Larson, 1993. "Joint Recreation Choices and Implied Values of Time," Land Economics, University of Wisconsin Press, vol. 69(3), pages 270-286.
    2. John R. McKean & Richard G. Walsh & Donn M. Johnson, 1996. "Closely Related Good Prices in the Travel Cost Model," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 78(3), pages 640-646.
    3. W. Douglass Shaw & Peter Feather, 1999. "Possibilities for Including the Opportunity Cost of Time in Recreation Demand Systems," Land Economics, University of Wisconsin Press, vol. 75(4), pages 592-602.
    4. Alan Randall, 1994. "Difficulty with the Travel Cost Method," Land Economics, University of Wisconsin Press, vol. 70(1), pages 88-96.
    5. Bockstael, Nancy E. & McConnell, Kenneth E., 1981. "Theory and estimation of the household production function for wildlife recreation," Journal of Environmental Economics and Management, Elsevier, vol. 8(3), pages 199-214, September.
    6. Shaw, Daigee, 1988. "On-site samples' regression : Problems of non-negative integers, truncation, and endogenous stratification," Journal of Econometrics, Elsevier, vol. 37(2), pages 211-223, February.
    7. Englin, Jeffrey & Shonkwiler, J S, 1995. "Estimating Social Welfare Using Count Data Models: An Application to Long-Run Recreation Demand under Conditions of Endogenous Stratification and Truncation," The Review of Economics and Statistics, MIT Press, vol. 77(1), pages 104-112, February.
    8. Nancy E. Bockstael & Ivar E. Strand & W. Michael Hanemann, 1987. "Time and the Recreational Demand Model," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 69(2), pages 293-302.
    9. Daniel Hellerstein & Robert Mendelsohn, 1993. "A Theoretical Foundation for Count Data Models," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 75(3), pages 604-611.
    10. V. Kerry Smith & William H. Desvousges & Matthew P. McGivney, 1983. "The Opportunity Cost of Travel Time in Recreation Demand Models," Land Economics, University of Wisconsin Press, vol. 59(3), pages 259-278.
    11. John R. McKean & Donn M. Johnson & Richard G. Walsh, 1995. "Valuing Time in Travel Cost Demand Analysis: An Empirical Investigation," Land Economics, University of Wisconsin Press, vol. 71(1), pages 96-105.
    12. K. E. McConnell, 1999. "Household Labor Market Choices and the Demand for Recreation," Land Economics, University of Wisconsin Press, vol. 75(3), pages 466-477.
    Full references (including those not matched with items on IDEAS)

    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. Isabel Mendes & Isabel Proença, 2009. "Measuring the Social Recreation Per-Day Net Benefit of Wildlife Amenities of a National Park: A Count-Data Travel Cost Approach," Working Papers Department of Economics 2009/35, ISEG - Lisbon School of Economics and Management, Department of Economics, Universidade de Lisboa.
    2. Amoako-Tuffour, Joe & Martınez-Espineira, Roberto, 2008. "Leisure and the Opportunity Cost of Travel Time in Recreation Demand Analysis: A Re-Examination," MPRA Paper 8573, University Library of Munich, Germany.
    3. Bowker, James Michael & Starbuck, C. Meghan & English, Donald B.K. & Bergstrom, John C. & Rosenberger, Randall S. & McCollum, Daniel W., 2009. "Estimating the Net Economic Value of National Forest Recreation: An Application of the National Visitor Use Monitoring Database," Faculty Series 59603, University of Georgia, Department of Agricultural and Applied Economics.
    4. Ovaskainen, Ville & Neuvonen, Marjo & Pouta, Eija, 2012. "Modelling recreation demand with respondent-reported driving cost and stated cost of travel time: A Finnish case," Journal of Forest Economics, Elsevier, vol. 18(4), pages 303-317.
    5. Chin-Huang Huang & Chiung-Hsia Wang, 2015. "Estimating the Total Economic Value of Cultivated Flower Land in Taiwan," Sustainability, MDPI, Open Access Journal, vol. 7(4), pages 1-19, April.
    6. Roberto Martinez-Espineira & Joe Amoako-Tuffour, 2005. "Recreation Demand Analysis under Truncation, Overdispersion, and Endogenous Stratification: An Application to Gros Morne National Park," Econometrics 0511007, University Library of Munich, Germany.
    7. Phaneuf, Daniel J. & Smith, V. Kerry, 2006. "Recreation Demand Models," Handbook of Environmental Economics, in: K. G. Mäler & J. R. Vincent (ed.), Handbook of Environmental Economics, edition 1, volume 2, chapter 15, pages 671-761, Elsevier.
    8. Chin†Huang Huang, 2017. "Estimating the environmental effects and recreational benefits of cultivated flower land for environmental quality improvement in Taiwan," Agricultural Economics, International Association of Agricultural Economists, vol. 48(1), pages 29-39, January.
    9. Bowker, James Michael & English, Donald B.K. & Bergstrom, John C. & Starbuck, C. Meghan, 2005. "Valuing National Forest Recreation Access: Using a Stratified On-Site Sample to Generate Values Across Activities for a Nationally Pooled Sample," 2005 Annual meeting, July 24-27, Providence, RI 19506, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    10. Dietrich Earnhart, 2004. "Time is Money: Improved Valuation of Time and Transportation Costs," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 29(2), pages 159-190, October.
    11. Woodall, Stacie & Wandschneider, Philip R. & Foltz, John C. & Taylor, R. Garth, 2002. "Valuing Idaho Wineries With A Travel Cost Model," 2002 Annual Meeting, July 28-31, 2002, Long Beach, California 36613, Western Agricultural Economics Association.
    12. Hynes, Stephen & Greene, William, 2012. "Panel Travel Cost Count Data Models for On-Site Samples that Incorporate Unobserved Heterogeneity with Respect to the Impact of the Explanatory Variables," Working Papers 148834, National University of Ireland, Galway, Socio-Economic Marine Research Unit.
    13. Pascoe, Sean, 2019. "Recreational beach use values with multiple activities," Ecological Economics, Elsevier, vol. 160(C), pages 137-144.
    14. Peter E.T. Edwards & George R. Parsons & Kelley H. Myers, 2011. "The Economic Value of Viewing Migratory Shorebirds on the Delaware Bay: An Application of the Single Site Travel Cost Model Using On-Site Data," Working Papers 11-03, University of Delaware, Department of Economics.
    15. Mahadev Bhat & Ramachandra Bhatta & Mohamed Shumais, 2014. "Sustainable funding policies for environmental protection: the case of Maldivian atolls," Environmental Economics and Policy Studies, Springer;Society for Environmental Economics and Policy Studies - SEEPS, vol. 16(1), pages 45-67, January.
    16. Bengochea, A., 2003. "Valoración del uso recreativo de un espacio natural," Estudios de Economia Aplicada, Estudios de Economia Aplicada, vol. 21, pages 321-338, Agosto.
    17. Lew, Daniel K., 1998. "Some Implications Of The Two-Constraint Joint Recreational Choice Demand Model," 1998 Annual meeting, August 2-5, Salt Lake City, UT 20937, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    18. Mikołaj Czajkowski & Marek Giergiczny & Jakub Kronenberg & Jeffrey Englin, 2019. "The Individual Travel Cost Method with Consumer-Specific Values of Travel Time Savings," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 74(3), pages 961-984, November.
    19. Pattiz, Brian David, 2009. "Count regression models for recreation demand: an application to Clear Lake," ISU General Staff Papers 200901010800002092, Iowa State University, Department of Economics.
    20. Johnson, Donn M. & McKean, John R. & Taylor, R. Garth, 2000. "Estimating The Value Of Recreation On The Snake River Reservoirs Using A Disequilibrium Travel Cost Model," 2000 Annual Meeting, June 29-July 1, 2000, Vancouver, British Columbia 36523, Western Agricultural Economics Association.

    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:waealo:36190. See general information about how to correct material in RePEc.

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

    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 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.

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

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.