New Zealand outdoor recreation benefits Research Completed
Title
New Zealand outdoor recreation benefits
Lead Author
Kaval, Pamela , Yao, Richard
Organisation(s)
University Of Waikato
Publication Year
2007
Publisher
University Of Waikato
Contacts
Unknown
Abstract
Millions of people participate in outdoor recreation activities in New Zealand every year. Economic recreation studies in the country concentrate mostly on market values. Market values only present part of the outdoor recreation benefit; while non-market values represent the other part. In this study, a meta-analysis is used to determine the non-market benefit of recreation. Results show non-market benefits from outdoor recreation to be over five billion dollars annually, exceeding market benefits of approximately four billion. New Zealand non-market values were then compared to those from a United States recreation database and results were favourably similar.
Keywords:
Market values, Non-Market values, Outdoor Recreation
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1631
Added
October 2, 2012