The economic value of moose hunting in Newfoundland

The dichotomous choice contingent valuation method was used to determine the net economic value of moose hunting in Newfoundland. Specific questions addressed the value of changes in moose hunting that could result from forest management. Three statistical models were used to determine mean and medi...

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Bibliographic Details
Published in:Canadian Journal of Forest Research
Main Authors: Condon, Barbara, Adamowicz, Wiktor
Format: Article in Journal/Newspaper
Language:English
Published: Canadian Science Publishing 1995
Subjects:
Online Access:http://dx.doi.org/10.1139/x95-036
http://www.nrcresearchpress.com/doi/pdf/10.1139/x95-036
Description
Summary:The dichotomous choice contingent valuation method was used to determine the net economic value of moose hunting in Newfoundland. Specific questions addressed the value of changes in moose hunting that could result from forest management. Three statistical models were used to determine mean and median welfare measures for four different contingent valuation models. The values obtained are similar to other studies that have obtained economic values for big-game hunting. The results show that although differences in welfare measures exist between statistical models, the mean and median values within a specification appear to be relatively robust. The results also suggest that factors affected by forest management (e.g., moose populations) provide more substantial benefits than factors under the control of the administrative agency (e.g., season length).