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
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Englisch
- Bibliographic citation
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Series: Queen's Economics Department Working Paper ; No. 849
- Classification
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Wirtschaft
- Subject
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non-market good valuation
consumers surplus
forestry economics
- Event
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Geistige Schöpfung
- (who)
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Hanley, Nick
Ruffell, Robin
- Event
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Veröffentlichung
- (who)
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Queen's University, Department of Economics
- (where)
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Kingston (Ontario)
- (when)
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1992
- Handle
- Last update
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10.03.2025, 11:42 AM CET
Data provider
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Hanley, Nick
- Ruffell, Robin
- Queen's University, Department of Economics
Time of origin
- 1992