IDEAS home Printed from https://ideas.repec.org/p/qed/wpaper/849.html

The Valuation of Forest characteristics

Author

Listed:
  • Nick Hanley
  • Robin Ruffell

Abstract

Most work on valuing the recreational benefits of public forests has concentrated on arriving at consumers surplus per visit figures, using either the travel cost method, or contingent valuation. We use both methods to try and explain the variation in consumers surplus across different forest types, by placing values on the physical characteristics of individual forests. These characteristics are also used to explain total visits to a given forest. Both maximum likelihood and ordinary least squares estimates are presented.

Suggested Citation

  • Nick Hanley & Robin Ruffell, 1992. "The Valuation of Forest characteristics," Working Paper 849, Economics Department, Queen's University.
    • Handle: RePEc:qed:wpaper:849
    as

    Download full text from publisher

    File URL: http://qed.econ.queensu.ca/working_papers/papers/qed_wp_849.pdf
    File Function: First version 1992
    Download Restriction: no
    ---><---

    Other versions of this item:

    Citations

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


    Cited by:

    1. Nillesen, Eleonora & Wesseler, Justus & Cook, Averil, 2003. "Correcting for multiple destination trips in recreational use values using a mean-value approach; An application to Bellenden Ker National Park, Australia," Mansholt Working Papers 46733, Wageningen University, Mansholt Graduate School of Social Sciences.
    2. Timo Kuosmanen & Eleonora Nillesen & Justus Wesseler, 2004. "Does ignoring multidestination trips in the travel cost method cause a systematic bias?," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 48(4), pages 629-651, December.
    3. N. D. Hanley & R. J. Ruffell, 1993. "The Contingent Valuation Of Forest Characteristics: Two Experiments," Journal of Agricultural Economics, Wiley Blackwell, vol. 44(2), pages 218-229, May.
    4. Garcia, Serge & Jacob, Julien, 2010. "La valeur récréative de la forêt en France : une approche par les coûts de déplacement," Review of Agricultural and Environmental Studies - Revue d'Etudes en Agriculture et Environnement (RAEStud), Institut National de la Recherche Agronomique (INRA), vol. 91(01).
    5. Marianne Zandersen & Mette Termansen & Frank S. Jensen, 2005. "Benefit Transfer over Time of Ecosystem Values: the Case of Forest Recreation," Working Papers FNU-61, Research unit Sustainability and Global Change, Hamburg University, revised Mar 2005.
    6. Christie, Michael & Hanley, Nick & Hynes, Stephen, 2007. "Valuing enhancements to forest recreation using choice experiment and contingent behaviour methods," Journal of Forest Economics, Elsevier, vol. 13(2-3), pages 75-102, August.
    7. Zandersen, Marianne & Tol, Richard S.J., 2009. "A meta-analysis of forest recreation values in Europe," Journal of Forest Economics, Elsevier, vol. 15(1-2), pages 109-130, January.

    More about this item

    Keywords

    ;
    ;
    ;

    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:qed:wpaper:849. 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.

    We have no bibliographic references for this item. You can help adding them by using 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: Mark Babcock (email available below). General contact details of provider: https://edirc.repec.org/data/qedquca.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.