A recreation demand model for warmwater fishing in Delaware with welfare effects for improvements in catch rates, species diversity, and water clarity
Date
2024-03-18
Authors
Journal Title
Journal ISSN
Volume Title
Publisher
Agricultural and Resource Economics Review
Abstract
We estimate a recreation demand model for warmwater fishing in Delaware and then use it to measure welfare gains associated with improved fishing quality as measured by catch rate of fish, diversity of species, and clarity of water. We use a “linked” site choice – trip frequency model with data gathered by the Delaware Division of Fish and Wildlife. Our site choice model includes 118 rivers and lakes in the state with detailed characteristics of each. We develop hypothetical scenarios of fishing quality improvement involving combinations of fish catch, fish diversity, and water clarity and apply it to individual water bodies, water basins, selected water body groupings, and statewide. Values are reported in seasonal per angler and aggregate terms.
Description
This article was originally published in Agricultural and Resource Economics Review. The version of record is available at: https://doi.org/10.1017/age.2024.3. © The Author(s), 2024. Published by Cambridge University Press on behalf of Northeastern Agricultural and Resource Economics Association.
Keywords
economics, freshwater recreational fishing, valuation, Q51, D61
Citation
Dalvand, Kaveh, and George Parsons. “A Recreation Demand Model for Warmwater Fishing in Delaware with Welfare Effects for Improvements in Catch Rates, Species Diversity, and Water Clarity.” Agricultural and Resource Economics Review, 2024, 1–19. https://doi.org/10.1017/age.2024.3.