Arbeitspapier

The Valuation of Forest characteristics

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.

Language
Englisch

Bibliographic citation
Series: Queen's Economics Department Working Paper ; No. 849

Classification
Wirtschaft
Subject
non-market good valuation
consumers surplus
forestry economics

Event
Geistige Schöpfung
(who)
Hanley, Nick
Ruffell, Robin
Event
Veröffentlichung
(who)
Queen's University, Department of Economics
(where)
Kingston (Ontario)
(when)
1992

Handle
Last update
10.03.2025, 11:42 AM CET

Data provider

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Object type

  • Arbeitspapier

Associated

  • Hanley, Nick
  • Ruffell, Robin
  • Queen's University, Department of Economics

Time of origin

  • 1992

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