This paper evaluates the impact of the El Nino/Southern Oscillation (ENSO) on U.S. farmland values. Fourier series analysis decomposes climatological variation into ENSO and non-ENSO components. Farmland values, regressed against ENSO variation and other variables, are negatively affected by...

The effect of Tennessee Valley Authority reservoir water levels on recreational fishing is evaluated. Data were collected in east Tennessee during March through August of 1994-97. Water levels were not a major barrier to participation during the six-month period, but levels did affect the number...

In this paper we estimate the demand for rock climbing and calculate welfare measures for changing access to a number of climbs at a climbing area. In addition to the novel recreation application, we extend the travel cost methodology by combining the double hurdle count data model (DH) with a...

This study improves upon the standard "dummy variable" approach to modeling fish consumption advisories by jointly estimating a "perceived hazard" model and a site choice model. The perceived hazard model overcomes the shortcomings of the dummy variable model, namely that all anglers respond...

Increasing numbers of freshwater ecosystems have had sportfish consumption advisories posted in recent years. Advisories are sometimes issued in lieu of environmental remediation if they are considered more cost-effective than "cleaning up" the resource, but this approach assumes that anglers...