This paper demonstrates a time-series production technique to quantify the deer harvest and deer hunting benefits of controlled burns or prescribed fire. The time series regression model showed a statistically significant and positive effect of prescribed fire on deer harvest. The net economic value of the resulting additional deer hunting benefit was estimated using the Contingent Valuation Method at $ 98 per additional deer harvested. The initial deer hunting benefits of an additional 1,000 acres of prescribed burning are between $ 2,674 and $ 3,128 or $ 2–3 per acre. The costs of prescribed burning greatly exceed these benefits, suggesting that deer hunting benefits represent only a small part of the multiple use benefits of prescribed fire.
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31 July 2002
Research Article|
July 31 2002
Estimating the economic value of big game habitat production from prescribed fire using a time series approach
John Loomis;
Deptartment of Agricultural and Resource Economics,
Colorado State University
, Fort Collins, CO 80523, USA
Correspondence to: John Loomis, Deptartment of Agricultural and Resource Economics, Colorado State University, Fort Collins, CO 80523, USA. Fax: (970) 491-2067
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Dana Griffin;
Dana Griffin
Deptartment of Agricultural and Resource Economics,
Colorado State University
, Fort Collins, CO 80523, USA
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Ellen Wu;
Ellen Wu
Deptartment of Agricultural and Resource Economics,
Colorado State University
, Fort Collins, CO 80523, USA
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Armando González-Cabán
Armando González-Cabán
Pacific Southwest Research Station
, USDA Forest Service, Riverside, CA 92507, USA
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Correspondence to: John Loomis, Deptartment of Agricultural and Resource Economics, Colorado State University, Fort Collins, CO 80523, USA. Fax: (970) 491-2067
Online ISSN: 1618-1530
Print ISSN: 1104-6899
© 2002 Urban & Fischer Verlag
2002
Urban & Fischer Verlag
Licensed re-use rights only
Journal of Forest Economics (2002) 8 (2): 119–129.
Citation
Loomis J, Griffin D, Wu E, González-Cabán A (2002), "Estimating the economic value of big game habitat production from prescribed fire using a time series approach". Journal of Forest Economics, Vol. 8 No. 2 pp. 119–129, doi: https://doi.org/10.1078/1104-6899-00007
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