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Contingent Valuation/Recreational Values

Updated 08/25/2009

This web site contains a collection of information for NRCS to use for contingent valuation of recreational activities for watershed planning and other NRCS economic purposes. The Unit Day Method is the most common method used for calculating recreational benefits for NRCS usage, but it is based on 1962 data which provided an average value of $1.00 per day, +/- some quality differences. That 1962 value was indexed to the 1982 values used in P&G by CPI, and these values should be in-turn be indexed to current values by current CPI. This method can be used for insignificant recreational calculations for watershed analysis, but economists should note that the values obtained are highly conservative, averaging perhaps 20% of the current values from actual Recreational Economics studies using other methods. If the recreational benefits have any potential for affecting the selection of the NED or Recommended Plans, economists are highly advised to adopt applicable contingent valuation or travel costs methods.  While the cost and time requirements of obtaining actual survey data on specific proposed NRCS projects is often prohibitive, NRCS economists are encouraged to use the benefit transfer method developed by the US Forest Service.   This Benefit Transfer method was updated in October 2005, and the database was updated to 1,200 values.

Lakeshore Property Values and Water Quality:

The US Army Corps of Engineers has a number of survey studies of actual camper, boater, hunter, and visitor expenditures at and around parks, campgrounds, and lakes.

Corps recreation expenditures studies (survey results):

Other recreation expenditure related websites

Other Studies

Number Subject Agency Date
FHW/01-NAT All FS Research Publications In This Database USDA/FS 2002
2001 National Survey of Fishing, Hunting, and Wildlife-Associated Recreation
Executive Summary
Census USF&W 05-02
paperid=3797 The Value of Sport Fishing in the Snake River Basin of Central Idaho U. Idaho Quinnipiac University 01-02
  IEc's Sportfishing Values Database IEc's Sportfishing Database on the Web IEc/FWS 07-01
Rev.of AgEcon 32,
pgs. 120-132
Nonpoint Source Pollution and Present Values: A contingent Valuation Study of Lake Mendota UWisc 05-01
BUV Beneficial Use Values Database
Economic Values for Beneficial Uses of Water
UC
Davis
07-01-01
RMRS-GTR-72 Benefit transfer of outdoor recreation use values:  A technical document supporting the Forest Service
Strategic Plan (2000)
FS 06-13-01
EPA EPA Guidelines for Preparing Economic Analyses EPA 01-19-01
OMBOO Guidelines to Standardize Measures of Costs and Benefits and the Format of Accounting Statements OMB 03-22-00
FWS 1996 National Survey of Fishing, Hunting, and Wildlife-Associated Recreation FWS 12-10-99
1706r99 Project Planning for Water Quality Concerns (252 KB) S 06-21-99
1801r99 Guide for Estimating Participation In Conservation Operations and Watershed Protection Projects (36.7 KB) S 06-21-99
614r99 The Economics of Nutrient and Pest Management (23.5 KB) S 06-21-99
611 NRCS National Water Resources Handbook for Economics Part 611 (855 KB) NRCS 07-02-98
300-V-NWSMr98 NRCS National Watersheds Manual NRCS 04-02-98
W2 Appraisal and Valuation for Conservation Efforts (182 KB) W 01-01-98
612 NRCS National Resource Economics Handbook, Water Quality Part 612 NRCS
NHQ
12-15-96
96 Economic Analysis of Federal Regulations
Under Executive Order 12866
OMB 01-11-96
6 Using Economics to Promote Water Quality, A Simplified Example Approach (1.40 MB) MW 09-01-92
MW200L3 Conservation Options Procedure (COP) (3.81 MB) MW 10-01-88
MW200L2 PL566 Land Treatment Evaluation Conservation Options Procedure (COP) (666 KB) MW 05-01-88
W5 PL566 Land Treatment Evaluation Conservation Options Procedure W 04-01-88
NEH National Economic Handbook, entire 1986 draft E 08-12-86
WRC Economic and Environmental Principles and Guidelines for Water and Related Land Resources Implementation Studies (1.18 MB) WRC 03-10-83

 

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