Journal of Forest Economics > Vol 8 > Issue 2

Estimating the economic value of big game habitat production from prescribed fire using a time series approach

John Loomis, , Jloomis@lamar.colostate.edu Dana Griffin, , Ellen Wu, , Armando González-Cabán, ,
 
Suggested Citation
John Loomis, Dana Griffin, Ellen Wu and Armando González-Cabán (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. http://dx.doi.org/10.1078/1104-6899-00007

Published: 0/0/2002
© 0 2002 John Loomis, Dana Griffin, Ellen Wu, Armando González-Cabán
 
Subjects
 
Keywords
Californiacontingent valuationdeerfire managementhuntingNational Forestswildlife
 

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Abstract

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.

DOI:10.1078/1104-6899-00007