Journal of Agricultural and Resource Economics (Apr 2008)
Fire and Recreational Values in Fire-Prone Forests: Exploring an Intertemporal Amenity Function Using Pooled RP-SP Data
Abstract
An important consideration in managing fire-prone forests is the intertemporal impacts of forest fires. This analysis examines these impacts in a forest recreation setting by fitting a combined stated and revealed data set to explicitly model the effects of forest regrowth following a fire on recreation economic values. The results are particularly useful as they provide clear measures of the time path of recovery of forest amenity values following a fire.
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