Recreational use value for Island Beach State Park

Recreational use value for Island Beach State Park

Primary Country: United States
Ecosystem: beach
Sample Value Estimates:
  1. $31.45 / day: CS per activity day at beaches in New Jersey
Methodology: travel cost
Region: Americas / Atlantic
Data source: National Ocean Economics Program

Publication information

Leeworthy, V.R. Wiley, P.C. “Recreational use value for Island Beach State Park” National Oceanic and Atmospheric Administration (NOAA), Strategic Environmental Assessments Division, Office of Ocean Resources and Conservation, 1991

Addtional Notes

The authors apply several model specifications using linear and semi-log functional forms. The authors also study impacts on estimated consumer surplus values of including the opportunity cost of travel time, eliminating model outliers and differing methods of calculating consumer surplus. They find that the best model is the one that uses the semi-log functional form, omits the opportunity cost of travel time and eliminates model outliers. They calculate a CS per person per day of $15.44 in 1988 dollars, with a mean value of $ 18.25 and a median value of $23.37.

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