The Foregone Recreation Value of Lake Ulemiste

The Foregone Recreation Value of Lake Ulemiste

Primary Country: Estonia
Ecosystem: lakes
Sample Value Estimates:
  1. 1.8 million Euro / yr: recreational benefits foregone due to Lake Ulemiste's closure, annually;
  2. 26 million Euro: discounted over a 30 year period
Methodology: Contingent Valuation
Data source: NOEP

Publication information

Pδdam, Sirje Ehrlich, άllas “The Foregone Recreation Value of Lake Ulemiste” Discussions on Estonian Economic Policy, 2011

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