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THE ECONOMIC VALUE OF MISSOURI RIVER RECREATION: ESTIMATES FROM THE MISSOURI RIVER PUBLIC USE ASSESSMENT
Exit interviews with visitors were used to estimate public use on and along 811 miles of the Missouri River from Gavins Point Dam near Yankton, South Dakota, to the river's mouth near St. Louis, Missouri, during a 13‐month period in 2004 and 2005. We estimated both types and amount of public use and the economic value of the river to the users. Economic values of recreation to the public were estimated using both the Travel Cost Method (TCM) and the Contingent Valuation Method (CVM). For these public access and areas, an estimated 2 042 980 individual visits were made to the river, with total economic benefits of the river to users estimated at $12.79 per individual visit (TCM) and $23.65 per individual visit (CVM).We discuss methodological differences between the two methods and the potential utility of this information to river management. Copyright © 2013 John Wiley & Sons, Ltd.
THE ECONOMIC VALUE OF MISSOURI RIVER RECREATION: ESTIMATES FROM THE MISSOURI RIVER PUBLIC USE ASSESSMENT
Exit interviews with visitors were used to estimate public use on and along 811 miles of the Missouri River from Gavins Point Dam near Yankton, South Dakota, to the river's mouth near St. Louis, Missouri, during a 13‐month period in 2004 and 2005. We estimated both types and amount of public use and the economic value of the river to the users. Economic values of recreation to the public were estimated using both the Travel Cost Method (TCM) and the Contingent Valuation Method (CVM). For these public access and areas, an estimated 2 042 980 individual visits were made to the river, with total economic benefits of the river to users estimated at $12.79 per individual visit (TCM) and $23.65 per individual visit (CVM).We discuss methodological differences between the two methods and the potential utility of this information to river management. Copyright © 2013 John Wiley & Sons, Ltd.
THE ECONOMIC VALUE OF MISSOURI RIVER RECREATION: ESTIMATES FROM THE MISSOURI RIVER PUBLIC USE ASSESSMENT
Treiman, T. B. (author) / Sheriff, S. L. (author) / Renken, R. B. (author) / Loomis, J. (author)
River Research and Applications ; 30 ; 639-649
2014-06-01
11 pages
Article (Journal)
Electronic Resource
English
Missouri River Recreation Economic Analysis
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