86 research outputs found

    PERCEIVED HAZARD AND PRODUCT CHOICE: AN APPLICATION TO RECREATIONAL SITE CHOICE

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    This study improves upon the standard "dummy variable" approach to modeling fish consumption advisories by jointly estimating a "perceived hazard" model and a site choice model. The perceived hazard model overcomes the shortcomings of the dummy variable model, namely that all anglers respond equally to advisories and that all anglers know of and believe the advisories. We find that anglers' perceived hazards associated with consumption advisories do affect product (recreational site) choice. Anglers' perceptions also affect welfare measures, where the benefits of contaminant removal follow a more reasonable pattern than that of the dummy variable approach. The joint perceived hazard/product choice model is applicable to a wide variety of risky choices with which consumers are faced.Resource /Energy Economics and Policy,

    GENERATION OF RECYCLABLES BY RURAL HOUSEHOLDS

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    Rising landfill costs have forced solid waste managers to consider ways to reduce the waste stream. Using survey data, models explaining the weight of recyclables generated by households are estimated for paper and glass. Results indicate that households respond to the time cost of recycling paper but not glass. The waste generation models imply total monthly willingness to pay for recycling is $5.78 per household. Waste managers may increase the weight of recycled waste stream with programs which lower perceived time costs of nonrecyclers and improve the efficiency of recyclers.Consumer/Household Economics, Environmental Economics and Policy,

    Revenue Impacts of MPP Branded Funds: A Firm-Level Analysis

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    The USDA's Market Access Program (formerly Market Promotion Program) recently underwent a major change to redirect all branded products export promotion funds to small domestic firms and cooperatives. The redirection responded to criticisms by the General Accounting Office of past allocations of branded products export promotion funds to large, experienced exporters. This study uses a firm-level analysis to examine whether firm size and export experience matter in how effectively firms use the promotion funds to increase their revenues. The results support neither the GAO criticisms nor the recent program redirection.International Relations/Trade,

    The Antiquities Act, National Monuments, and the Regional Economy

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    Large, landscape-scale national monuments have long been controversial. It has been claimed that large monuments harm local economies by restricting growth of the grazing, timber, mining, and energy industries. Others have asserted that large monuments aid economic growth by reducing reliance on volatile commodity markets and fostering tourism growth. In this study, we use a synthetic control approach to measure the average causal effect of nine national monument designations on county-level per capita income. We find no evidence that monument designation affected per capita income in any of 20 counties hosting nine large (\u3e50,000 acres) national monuments established under the Antiquities Act (six monuments) or by legislative action (three monuments). The broad economic claims of both advocates and critics of large national monuments have little empirical support. The absence of a designation effect for large national monuments is likely due to the attributes of federal land and the legal constraints under which it is managed

    The Welfare Effects of Restricting Off-Highway Vehicle Access to Public Lands

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    Off highway vehicle (OHV) use is a rapidly growing outdoor activity that results in a host of environmental and management problems. Federal agencies have been directed to develop travel management plans to improve recreation experiences, reduce social conflicts and diminish environmental impacts of OHVs. We examine the effect of land access restrictions on the welfare of OHV enthusiasts in Utah using Murdock’s (2006) unobserved heterogeneity random utility model. Our models indicate that changing access to public lands from fully “open” to “limited” results in relatively small welfare losses, but that prohibiting access results in much larger welfare losses.Off-highway Vehicles, Recreational Access, Unobserved Heterogeneity, Random Utility Model, Environmental Economics and Policy, Land Economics/Use,

    The Economic Impact of Bear River Heritage Area Tourism

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    Covering seven counties in northern Utah and southeastern Idaho in the United States, the Bear River Heritage Area (BRHA) is recognized as a State Heritage Area by both states, and consists of a consortium of heritage sites, attractions, and businesses with historic ties to the region
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