Climate Change and Recreation Benefits in an Alpine National Park

Robert B. Richardson · John B. Loomis

64 citations0/0 files storedJournal of Leisure Research

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Economic and Environmental Valuation Diverse Aspects of Tourism Research Recreation, Leisure, Wilderness Management

Abstract

Weather conditions may affect the quality of an outdoor recreation experience. Quality of the recreation may be reflected in the visitor's willingness to pay or their net economic benefits of recreation. We used the contingent valuation method to measure the effects of weather on net willingness to pay (WTP) for trips to Rocky Mountain National Park in Colorado. We used a visitor survey to elicit responses to a dichotomous-choice WTP question and to gather information about recreation activities. Results were analyzed with daily weather data to test for climate effects on recreation benefits. We found that temperature and precipitation were statistically-significant determinants of WTP. We estimated increases in recreation benefits of 4.9% and 6.7% for two climate change scenarios.

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References

1984Welfare Evaluations in Contingent Valuation Experiments with Discrete Responses 2021The Economics of Global Warming (1992)1987Valuing Environmental Goods: An Assessment of the Contingent Valuation Method 1988New Estimates of Quality of Life in Urban Areas 1988A new paradigm for valuing non-market goods using referendum data: Maximum likelihood estimation by censored logistic regression 1993The Economics of Global Warming 1986Recreation Economic Decisions Comparing Benefits and Costs 1987Recreation economic decisions: Comparing benefits and costs

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