Estimating the economic value of big game habitat production from prescribed fire using a time series approach
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.
Document Type: Research Article
Affiliations: 1: Deptartment of Agricultural and Resource Economics, Colorado State University, Fort Collins, CO 80523, USA 2: Pacific Southwest Research Station, USDA Forest Service, Riverside, CA 92507, USA
Publication date: August 1, 2002