A travel cost study to estimate recreational value for a bird refuge at Lake Manyas, Turkey

2008 ◽  
Vol 88 (4) ◽  
pp. 1350-1360 ◽  
Author(s):  
Serkan Gürlük ◽  
Erkan Rehber
Keyword(s):  
Travel Cost ◽  
Cost Study ◽  
Recreational Value ◽  
Lake Manyas

Fish Habitat: Essential Fish Habitat and Rehabilitation

1999 ◽  
Keyword(s):  
Research Effort ◽  
Fish Habitat ◽  
Economic Value ◽  
Consumer Surplus ◽  
Travel Cost ◽  
Cost Models ◽  
Conservative Estimate ◽  
Construction Costs ◽  
Cost Study ◽  
One Year

<em>Abstract.—</em> Ohio constructed two artificial reefs beginning in 1986 in Lorain and Cuyahoga counties. The reefs were a demonstration project to evaluate the effects of reefs on fishing satisfaction and the feasibility of reef construction in other areas. Evaluation of the effects of reefs on recreational activity was viewed as essential for further reef development in Ohio and other Great Lakes states. A two-pronged research effort was undertaken: an underwater video investigation and a travel cost study. The travel cost study estimated the economic value derived from use of the Lorain County reef by sport anglers and divers. The results of this research were critical in supporting construction of a large artificial reef off the coast in Cleveland (Cuyahoga County) using rubble from the old Cleveland Stadium. From April to October 1992, 850 individuals who were willing to participate were contacted at Lorain County marinas and launch ramps. In early February 1993, these individuals were mailed questionnaires, with a second questionnaire mailed to nonrespondents in late February. Fifty-five percent responded. We estimated three alternative single-equation travel cost models. The most conservative estimate of consumer surplus (economic value) showed that the typical angler who used the reef in 1991 made nearly 10 more fishing trips during 1992 than the typical angler who did not use the reef in 1991, that is, nearly 26 trips in 1992 compared to 16 trips in 1992 by those who did not use the reef in 1991. The most conservative estimate of consumer surplus also showed that anglers who used the reef before 1992 valued total angling activity at US$302 more for the year 1992 than anglers who did not use the reef before 1992. When aggregated across all Lorain County anglers using the reef during 1991, the total value of the reef was $276,000 in 1992 compared to total construction costs of less than $100,000. Thus, the consumer surplus generated by the reef in one year exceeded construction costs by a wide margin.

scholarly journals Determining the recreational value of forest park by travel cost method and defining its effective factors

2016 ◽  
Vol 62 (No. 9) ◽  
pp. 399-406 ◽  
Author(s):  
M. Pirikiya ◽  
H. Amirnejad ◽  
J. Oladi ◽  
K. Ataie Solout
Keyword(s):  
Travel Cost ◽  
Travel Cost Method ◽  
Effective Factors ◽  
Forest Park ◽  
Recreational Value

scholarly journals An economic evaluation of a forest park using the individual travel cost method (a case study of Ghaleh Rudkhan forest park in northern Iran)

2018 ◽  
Vol 6 (2) ◽  
pp. 48-55 ◽  
Author(s):  
Solmaz Zandi ◽  
Soleiman Mohammadi Limaei ◽  
Neda Amiri
Keyword(s):  
Ecosystem Services ◽  
Economic Value ◽  
Market Price ◽  
Consumer Surplus ◽  
Travel Cost ◽  
Travel Cost Method ◽  
Northern Iran ◽  
Forest Park ◽  
Recreational Value ◽  
The Individual

AbstractThe true economic value of ecosystem services may not be reflected in market transactions, because there is no real transaction for ecosystem services in the market. Therefore, it is important to evaluate the cost of time and travel to define the value people place on something in the absence of a market price. This study estimates the recreational value of Ghaleh Rudkhan forest park in the north of Iran using the individual travel cost method. This method is considered to be a substitute approach for the market. The data required were collected using questionnaires. Therefore, 271 questionnaires were randomly distributed between the visitors of the recreational site in 2016. In this study, a linear function is used to estimate the effects of explanatory variables including economic and social variables on the number of visits to estimate the recreational value of the forest park. Results showed that a consumer surplus of each person for their visit was 21500 Rials and the annual recreational value of the park was 78390595 Rials per ha. Furthermore, the variables such as travel expenses, income, distance, family size and visitor’s age are effective factors in the recreational use of the park. The results of this study can improve the quality of environmental services of the Ghaleh Rudkhan forest park and could expand the variety of services that they could supply based on the demand of the people.

scholarly journals Estimating Recreational Value of Foy's Lake: An Application of Travel Cost Count Data Model for Truncated Zeros

2017 ◽  
Author(s):  
Md. Touhidul Alam ◽  
Anis-Ul-Ekram Chowdury ◽  
Md. Sajib Hossian
Keyword(s):  
Regression Model ◽  
Count Data ◽  
Data Model ◽  
Poisson Regression ◽  
Consumer Surplus ◽  
Travel Cost ◽  
Travel Cost Method ◽  
Poisson Regression Model ◽  
Recreational Value ◽  
Recreational Benefits

To estimate the recreational value provided by the Foy&rsquo;s Lake annually using the most applicable model for on-site data is the main objective of this study. Adhere to the objective of this study; Individual Travel Cost Method (ITCM) has been applied and Zero Truncated Poisson Regression Model has been found plausible among other models to estimate consumer surplus. Based on the findings of the study, an estimate of the consumer surplus or recreational benefits per trip per visitor can be recommended as BDT 5,875 or US $ 73.44 and counting the consumer surplus per trip per visitor, the annual recreational value (total consumer surplus) provided by the lake is found to be BDT 321 million or US $ 40.2 million.

Using social media photos as a proxy to estimate the recreational value of (im)movable heritage: the Rubjerg Knude (Denmark) lighthouse

2020 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
António Azevedo
Keyword(s):  
Economic Value ◽  
Consumer Surplus ◽  
Application Programming Interface ◽  
Travel Cost ◽  
Rescue Operation ◽  
Content Type ◽  
Recreational Value ◽  
Residence Location ◽  
Heritage Building ◽  
Cost Calculations

Purpose On October 2019, the Rubjerg Knude lighthouse (Denmark) was moved 70 metres from the cliff edge. The Danish Government spent €700,000 on the rescue operation. Using the zonal travel cost method (ZTCM), this paper aims to estimate the recreational value of this (im)movable maritime heritage building, to assess whether it was worthwhile to incur that public expenditure. This valuation is complemented by a digital reputation analysis. Design/methodology/approach A Flickr application programming interface search method extracted 795 public photos with the “Rubjerg and Knude” tags, taken between 2004 and 2019. The ZTCM analysis included 148 photographers who provided information about their residence location. Findings Depending on the regression models and assumptions made, the estimated economic value of the lighthouse (measured by the consumer surplus) varies between 5.5m and 133m euros. That means that the operation’s cost is only a small percentage of the expected economic recreational value. Research limitations/implications The sample of Flickr photographers is a proxy to estimate the zonal visitation rate for a specific destination. Zonal travel cost calculations are always based on some assumptions defined by researchers. Practical implications The paper frames the role of lighthouses as an (im)movable heritage element, which provides several cultural ecosystem services – in particular aesthetic, recreational, cultural/educational, bequest and sense of place values/benefits for tourists and residents. Social implications This study supports the political decision of preserving an identity symbol of a specific place, based solely on its recreational value. Originality/value This paper combines a monetary approach (ZTCM) with a digital reputation analysis of this iconic attraction.

scholarly journals An ecological economics approach to estimate the value of a fragmented wetland in Brazil (Mato Grosso do Sul state)

2007 ◽  
Vol 67 (4) ◽  
pp. 663-671 ◽  
Author(s):  
AR. Carvalho
Keyword(s):  
Willingness To Pay ◽  
Natural Resources ◽  
Travel Cost ◽  
Paraná River ◽  
River Floodplain ◽  
Parana River ◽  
Recreational Value ◽  
Upper Paraná River Floodplain ◽  
Upper Paraná River ◽  
Paraná River Floodplain

The Upper Paraná River floodplain is the last lotic stretch of an ecosystem seriously threatened given that circa 50% of the original ecosystem has been converted into reservoirs. To assess the recreational value of the Upper Paraná River floodplain, 174 tourists were interviewed using the Willingness to Pay - WTP and Travel Cost - TC methods. The annual aggregated WTP attributed by tourists was US$ 122.50 million and the variables which determine the decision in willingness to pay for the Floodplain are: 'consider oneself as a Floodplain natural resources consumer' and 'marital state'. If the single person considers her/himself as a consumer of floodplain natural resources, the WTP increases by a multiplicative factor of 38.8. The value aggregated by the TC method was US$ 234 millions and decreased by zone as the distance increases. Higher income and traveling farther increases the travel cost, which is inversely related to annual trip frequency. The total recreational value (356.5 millions per year) is high and representative since it refers to an environment fragmented by dams and with many anthropogenic effects. Therefore, the progressive changes on the landscape are a threat to local tourism, since half of the visitors are attracted solely by the scenic beauty, thereby overtaking those factors considered more important by public decision makers and managers, such as recreational fishery or boating.

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