ISSUES IN NONMARKET VALUATION AND POLICY APPLICATION: A RETROSPECTIVE GLANCE



Table 1. Net Economie Values Per Day Reported by TCM and CVM Demand Studies from 1968 to 1988 Applied to National Forest


Recreation Use Categories, United States (Third Quarter, 1987 Dollars)


Activity

Visitor days l,000a

Number of
Estimates

Mean

Median

Standard
Error of
the Mean

95%
Confidence
Interval

Range

Total

226,533

(100.0%)

287 (100.0%)

$33.95

$27.02

1.67

30.68- 37.22

3.91-219.65

Camping, Picnicking, and Swimming

66,811

(29.5)

36

(12.5)

20.14

17.80

1.80

16.61- 23.67

7.05- 46.69

Camping

53,666

(23.7)

18

(6.3)

19.50

18.92

2.03

15.52- 23.48

8.26- 34.89

Picnicking

7,838

(3.5)

7

(2.4)

17.33

12.82

5.08

7.37- 27.29

7.05- 46.69

Swimming

5,405

(2.3)

11

(3.8)

22.97

18.60

3.79

15.54- 30.40

7.05- 42.94

Mechanical Travel and Viewing

68,423

(30.2)

11

(3.8)

25.42

21.44

5.14

15.35- 35.49

8.27- 68.65

Sightseeing and Off-road Driving

62,451

(27.6)

6

(2.1)

20.29

19.72

3.73

12.98- 27.60

10.33- 31.84

Boating, Motorized

4,301

(1.5)

5

(1.7)

31.56

25.67

10.36

11.25- 51.87

8.27- 68.65

Hiking, Horseback Riding, and Water Travel

19,900

(8.8)

17

(5.9)

41.74

24.72

10.53

21.10- 62.38

10.26-183.36

Hiking

12,740

(5.6)

6

(2.1)

29.08

23.62

5.82

17.67- 40.49

15.71- 55.81

Boating, Nonmotorized

3,419

(1.5)

11

(3.8)

48.68

25.36

15.85

17.61- 79.75

10.26-183.36

Winter Sports

14,730

(6.5)

12

(4.2)

28.50

24.39

4.48

19.72- 37.28

11.27- 66.69

Resorts, Cabins, and Organized Campsb

15,117

(6.7)

2

(0.7)

12.48

3.91- 19.93

Hunting

15,276

(6.7)

83

(28.9)

41.69

34.88

2.72

36.36- 47.02

16.58-142.40

Big Game Hunting

10,729

(4.7)

56

(19.5)

45.47

37.87

3.47

38.67- 52.27

19.81-142.40

Small Game Hunting

4,015

(1.8)

10

(3.5)

30.82

27.48

3.51

23.94- 37.70

18.72- 52.04

Migratory Waterfowl Hunting

532

(0.2)

17

(5.9)

35.64

25.27

5.87

24.13- 47.15

16.58-102.88

Fishing

15,208

(6.7)

88

(30.7)

39.25

29.59

3.80

31.80- 46.70

8.13-219.65

Cold Water Fishing

10,687

(4.7)

39

(13.6)

30.62

28.49

3.24

24.27- 36.97

10.07-118.12

Anadromous Fishingc

9

(3.1)

54.01

46.24

11.01

32.43- 75.59

16.85-127.26

Warm Water Fishing

4,072

(1.8)

23

(8.0)

23.55

22.50

2.46

18.73- 28.37

8.13- 59.42

Salt Water Fishing

■ 226

(0.1)

17

(5.9)

72.49

53.35

14.05

44.95-100.03

18.69-219.65

Nonconsumptive Fish and Wildlife

1,532

(0.7)

14

(4.9)

22.20

20.49

2.30

17.69- 26.71

5.27- 38.06

Other Recreation Activities

9,537

(4.2)

9

(3.1)

18.82

16.06

3.65

11.67- 25.97

6.81- 43.39

Wilderness

12,014d

(4.5)

15

(5.2)

24.58

19.26

6.10

12.62- 36.54

8.72-106.26

a Thousands of 12-hour recreation visitor days reported by the Forest Service, U.S. Department of Agriculture, for the year ending September 30, 1986. Statistical Abstract of the United States,
1988,
p. 212.

b Resorts were 1.83% valued at $19.93 per day; seasonal and year-around cabins were 3.06% valued at $3.91 per day; and organized camps were 1.79% valued the same as camping.

c Anadromous fishing estimates included in cold water fishing. Estimated as roughly 5%.

d Included above.


180 July 1989                                                      Western Journal of Agricultural Economics




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