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Toward a Value for Guided Rafting on Southern Rivers

Published online by Cambridge University Press:  28 April 2015

J. M. Bowker ,
Donald B. K. English  and
Jason A. Donovan
J. M. Bowker
Affiliation:
USDA/Forest Service, Southern Research Station, Outdoor Recreation and Wilderness Research Unit, Athens, Georgia
Donald B. K. English
Affiliation:
USDA/Forest Service, Southern Research Station, Outdoor Recreation and Wilderness Research Unit, Athens, Georgia
Jason A. Donovan
Affiliation:
U.S. Peace Corps volunteer in Uruguay, Department of Agricultural and Applied Economics, University of Georgia
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Abstract

This study examines per trip consumer surplus associated with guided Whitewater rafting on two southern rivers. First, household recreation demand functions are estimated based on the individual travel cost model using truncated count data regression methods and alternative price specifications. Findings show mean per trip consumer surplus point estimates between $89 and $286, depending on modeling assumptions and river quality. Magnitudes of these surpluses are very dependent on assumptions about the opportunity cost of time.

Keywords

consumer surpluscount dataguided raftingtravel cost
Type
Articles
Information
Journal of Agricultural and Applied Economics , Volume 28 , Issue 2 , December 1996 , pp. 423 - 432
Copyright
Copyright © Southern Agricultural Economics Association 1996

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