Valuing river characteristics using combined site choice and participation travel cost models
Johnstone, C. and Markandya, A., 2006. Valuing river characteristics using combined site choice and participation travel cost models. Journal of Environmental Management, 80 (3), pp. 237-247.
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This paper presents new welfare measures for marginal changes in river quality in selected English rivers. The river quality indicators used include chemical, biological and habitat-level attributes. Economic values for recreational use of three types of river-upland, lowland and chalk-are presented. A survey of anglers was carried out and using these data, two travel cost models were estimated, one to predict the numbers of trips and the other to predict angling site choice. These models were then linked to estimate the welfare associated with marginal changes in river quality using the participation levels as estimated in the trip prediction model. The model results showed that higher flow rates, biological quality and nutrient pollution levels affect site choice and influence the likelihood of a fishing trip. Consumer surplus values per trip for a 10% change in river attributes range from 0.04 pound to 3.93 pound (2001) pound depending on the attribute. (c) 2005 Elsevier Ltd. All rights reserved.
|Creators||Johnstone, C.and Markandya, A.|
|Departments||Faculty of Humanities & Social Sciences > Social & Policy Sciences|
Faculty of Humanities & Social Sciences > Economics
|Additional Information||ID number: ISI:000239587300007|
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