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IMPLAN UNDERSTATES AGRICULTURAL INPUT-OUTPUT MULTIPLIERS: AN APPLICATION TO POTENTIAL AGRICULTURAL/GREEN INDUSTRY DROUGHT IMPACTS IN COLORADO AgEcon
McKean, John R.; Spencer, William P..
Synthesized input-output models are widely used by industry and government economists. The IMPLAN program is popular because it provides user access to the base data so that modifications can be made. The Washington survey-based model and IMPLAN for Washington State are compared, and differences in multipliers are traced to differences in final payments leakages. An adjustment technique for IMPLAN is demonstrated. An application is made to a Colorado potential drought impact analysis. More than 51,000 part- and full-time jobs and $1.6 billion of household income are at stake in the Colorado farm and "green industry" sectors.
Tipo: Journal Article Palavras-chave: Drought; Economic impact; Green industry; IMPLAN; Input-output; Irrigated agriculture; Community/Rural/Urban Development.
Ano: 2003 URL: http://purl.umn.edu/14669
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THE VALUE OF SPORT FISHING IN THE SNAKE RIVER BASIN OF CENTRAL IDAHO AgEcon
McKean, John R.; Johnson, Donn M.; Taylor, R. Garth.
The value of sportfishing in the Snake River Basin in Central Idaho was measured using a two-stage/disequilibrium travel model. The two-stage/disequilibrium model does not require monetization of recreationists? travel time as required of traditional equilibrium labor market travel cost models. The model was estimated using Poisson regression, appropriate for count data when over-dispersion is absent, and adjusted for endogenous stratification (self selection bias) . Contrary to expectations that anglers living close to the sites with low values would be over represented in the sample, the endogenous stratification adjustment caused estimated consumers surplus to decline from $42 per person per trip before adjustment for endogenous stratification to $35...
Tipo: Conference Paper or Presentation Palavras-chave: Resource /Energy Economics and Policy.
Ano: 2001 URL: http://purl.umn.edu/36190
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ESTIMATING THE VALUE OF RECREATION ON THE SNAKE RIVER RESERVOIRS USING A DISEQUILIBRIUM TRAVEL COST MODEL AgEcon
Johnson, Donn M.; McKean, John R.; Taylor, R. Garth.
Demand for outdoor recreation was analyzed at four Lower Snake River reservoirs for the purposes of measuring willingness-to-pay for outdoor recreation trips. Data were collected with a single mailing survey using a list of names and addresses collected from recreationists at the reservoirs during May through October, 1997. The survey resulted in 408 usable responses. Outdoor recreation demand was estimated using a disequilibrium labor market travel cost model that assumed recreationists did not (or could not) give up earnings in exchange for more free time for outdoor recreation. The travel cost demand model related outdoor recreation trips (from home to site) per year by groups of recreationists to the dollar costs of the trip, to the time costs of the...
Tipo: Conference Paper or Presentation Palavras-chave: Resource /Energy Economics and Policy.
Ano: 2000 URL: http://purl.umn.edu/36523
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ISSUES IN NONMARKET VALUATION AND POLICY APPLICATION: A RETROSPECTIVE GLANCE AgEcon
Walsh, Richard G.; Johnson, Donn M.; McKean, John R..
While issues in estimating nonmarket values continue to cause concern, resource economists have more reason now than ever before to be optimistic. More progress toward improved measurement has been made in the past six years than in the previous quarter century since development of the contingent valuation and travel cost methods. The new challenge is to learn how to adjust past studies to estimate nonmarket values for future policy analysis. The process involves developing an understanding of the important variables that explain the observed difference in estimates. This paper illustrates how the results thus far could be adjusted to develop some tentative estimates of the recreation-use value of Forest Service resources.
Tipo: Journal Article Palavras-chave: Research Methods/ Statistical Methods; Resource /Energy Economics and Policy.
Ano: 1989 URL: http://purl.umn.edu/32446
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Measuring the Location Value of a Recreation Site AgEcon
Taylor, R. Garth; McKean, John R.; Johnson, Donn M..
The demand for sport fishing on the Snake River reservoirs was estimated using the travel cost method. A short-run demand model was specified with location value for anglers who have the option to access a follow-on site if fishing conditions are poor. Willingness to pay for a fishing trip to the site was $18.52 for anglers who did not have a follow-on site and $43.48 for anglers who did. A location value of $24.96 accrued only to anglers with a follow-on site. Total annual site value was understated by as much as 40% ($0.78 million) if location value for anglers with a follow-on site was excluded from the benefit estimate.
Tipo: Journal Article Palavras-chave: Contingent behavior; Count data; Endogenous stratification; Follow-on site; Location value; Multiple destination; Option value; Short-run demand; Travel cost method; Resource /Energy Economics and Policy.
Ano: 2010 URL: http://purl.umn.edu/61063
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