The Economic Importance Of Off Highway Vehicle Recreation PDF Download

My study goes one step further to evaluate consumer surplus (CS) of CMA users through the application of the individual travel cost method, to quantify this additional societal benefit. Results suggest that participants with more experience in OHV recreation at the CMA will more frequently visit the site reflecting the effect of habit formation. Regression coefficients were used to estimate CS with individual household CS evaluated at over $1,600, while the total annual CS of all households recreating at the CMA was estimated at over $31 million.