Masters Theses

Date of Award

8-1995

Degree Type

Thesis

Degree Name

Master of Science

Major

Agricultural Economics

Major Professor

Paul M. Jakus

Committee Members

Gregory K. Pompell, Mark Downing

Abstract

This thesis estimates the change in access value resulting from a change in quality of a recreational site. Data on reservoir fishing in east Tennessee are used to evaluate proposed changes in the Conservation Reserve Program (CRP). These changes will result in decreased fishing quality in downstream reservoirs. Demand curves for reservoir fishing are estimated using Heckman Selection models.

The empirical models show that measures of pollution and socioeconomic variables are statistically significant factors in the decision to go fishing. The visitation stage of the Heckman Selection model shows that the number of trips taken is dependent on travel cost to the site, the catch rate, and measures of angler avidity.

Losses to anglers resulting from CRP termination are estimated to be $9.25 per trip. With extension of CRP to only the most erosive land, angler losses are $5.60 per trip.

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