Valuing recreational fishing quality at rivers and streams

Abstract

This paper describes an economic model that links the demand for recreational stream fishing to fish biomass. Useful measures of fishing quality are often difficult to obtain. In the past, economists have linked the demand for fishing sites to species presence-absence indicators or average self-reported catch rates. The demand model presented here takes advantage of a unique data set of statewide biomass estimates for several popular game fish species in Michigan, including trout, bass and walleye. These data are combined with fishing trip information from a 2008–2010 survey of Michigan anglers in order to estimate a demand model. Fishing sites are defined by hydrologic unit boundaries and information on fish assemblages so that each site corresponds to the area of a small subwatershed, about 100–200 square miles in size. The random utility model choice set includes nearly all fishable streams in the state. The results indicate a significant relationship between the site choice behavior of anglers and the biomass of certain species. Anglers are more likely to visit streams in watersheds high in fish abundance, particularly for brook trout and walleye. The paper includes estimates of the economic value of several quality change and site loss scenarios.

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