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Economic Benefits from ORV Recreatio...

Jenson, Robert A.

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Economic Benefits from ORV Recreation in Wyoming: A Random Utility Model Analysis.

Record Type:	Electronic resources : Monograph/item
Title/Author:	Economic Benefits from ORV Recreation in Wyoming: A Random Utility Model Analysis./
Author:	Jenson, Robert A.
Published:	Ann Arbor : ProQuest Dissertations & Theses, : 2015,
Description:	167 p.
Notes:	Source: Masters Abstracts International, Volume: 54-06.
Contained By:	Masters Abstracts International54-06(E).
Subject:	Agricultural economics. -
Online resource:	http://pqdd.sinica.edu.tw/twdaoapp/servlet/advanced?query=1593965
ISBN:	9781321905892

Economic Benefits from ORV Recreation in Wyoming: A Random Utility Model Analysis.
Jenson, Robert A.

Economic Benefits from ORV Recreation in Wyoming: A Random Utility Model Analysis. - Ann Arbor : ProQuest Dissertations & Theses, 2015 - 167 p.

Source: Masters Abstracts International, Volume: 54-06.

Thesis (M.S.)--University of Wyoming, 2015.

Pressure from private property owners, special-interest groups, and non-motorized recreational groups have closed public land in Wyoming to off-road vehicle (ORV) use. Current Wyoming trends indicate increased future ORV recreation, suggesting increased concerns from this activity. The literature suggests that ORV riders in different states receive significant benefits from this activity. The literature ranges in benefits estimates from $296,000 annually for a trail system in Colorado, to $1,000 per trip in North Carolina. A report for Wyoming indicates that ORV recreation generated an estimated $244 million in ORV related economic impacts in 2011-2012. There is a paucity of research regarding the economic welfare associated with this activity in Wyoming. We utilize data from a recent ORV survey and Geographic Information Systems coverages to estimate a recreation demand model for ORV recreation in Wyoming. We estimate a multinomial logit random utility model, and we then estimate compensating variation (CV) estimates for ORV users from the model. Our analysis indicates population CV estimates were up to $7.18 million on United States Forest Service sites, $6.3 million non-USFS sites, and $13.25 million statewide annually. We believe such information should add to the current literature as well as provide useful information for potential policy prescriptions associated with ORV recreation in Wyoming.

ISBN: 9781321905892Subjects--Topical Terms:

3172150
Agricultural economics.

Economic Benefits from ORV Recreation in Wyoming: A Random Utility Model Analysis.
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300 $a 167 p.
500 $a Source: Masters Abstracts International, Volume: 54-06.
500 $a Adviser: Christopher T. Bastian.
502 $a Thesis (M.S.)--University of Wyoming, 2015.
520 $a Pressure from private property owners, special-interest groups, and non-motorized recreational groups have closed public land in Wyoming to off-road vehicle (ORV) use. Current Wyoming trends indicate increased future ORV recreation, suggesting increased concerns from this activity. The literature suggests that ORV riders in different states receive significant benefits from this activity. The literature ranges in benefits estimates from $296,000 annually for a trail system in Colorado, to $1,000 per trip in North Carolina. A report for Wyoming indicates that ORV recreation generated an estimated $244 million in ORV related economic impacts in 2011-2012. There is a paucity of research regarding the economic welfare associated with this activity in Wyoming. We utilize data from a recent ORV survey and Geographic Information Systems coverages to estimate a recreation demand model for ORV recreation in Wyoming. We estimate a multinomial logit random utility model, and we then estimate compensating variation (CV) estimates for ORV users from the model. Our analysis indicates population CV estimates were up to $7.18 million on United States Forest Service sites, $6.3 million non-USFS sites, and $13.25 million statewide annually. We believe such information should add to the current literature as well as provide useful information for potential policy prescriptions associated with ORV recreation in Wyoming.
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