VISITOR PREFERENCES AND VALUES FOR WATER-BASED RECREATION: A CASE STUDY OF THE OCALA NATIONAL FOREST

We used the open-ended contingent valuation method to elicit willingnes to pay (WTP) for day visitors and extended visitors on the Ocala National Forest (ONF), Florida. A Tobit model specification was applied to account for the issues involved with censored WTP bids. The results reveal that visitors would pay more for improved recreational facilities at the ONF. In particular, our estimates show that visitors would pay $1 million for basic facilities, $1.9 million for moderate improvements, and $2.5 million for more improvements.


Issue Date:
2002-12
Publication Type:
Journal Article
PURL Identifier:
http://purl.umn.edu/15069
Published in:
Journal of Agricultural and Applied Economics, Volume 34, Number 3
Page range:
547-559
Total Pages:
13
JEL Codes:
Q23; Q26




 Record created 2017-04-01, last modified 2017-04-04

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