Table 6 Total recreational value of Dal...

Table 6

Total recreational value of Dal Lake per year

Consumer surplus		Total expenditure		Annual recreational value
Per visitor (A)	Visitors per year (B) = (A × 105,048)	Per visitor (C)	Visitors per year (D) = (C × 105,048)	Visitors per year (B + D)
Rs 6,250^a (US$ 96.15)*	Rs 656,550,000 (US$10,100,769)*	Rs 10,066^b (US$154.86)*	Rs 1,057,413,168^b (US$ 16,267,894)*	Rs 1,713,963,168 (US$ 26,368,664)*

Consumer surplus		Total expenditure		Annual recreational value
Per visitor (A)	Visitors per year (B) = (A × 105,048)	Per visitor (C)	Visitors per year (D) = (C × 105,048)	Visitors per year (B + D)
Rs 6,250^a (US$ 96.15)*	Rs 656,550,000 (US$10,100,769)*	Rs 10,066^b (US$154.86)*	Rs 1,057,413,168^b (US$ 16,267,894)*	Rs 1,713,963,168 (US$ 26,368,664)*

Note(s): ^aCalculated based on truncated Poisson Regression model

^*1US $ = Rs 65, an average exchange rate of the survey period (July–October) 2017

^bWithout the inclusion of time cost

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