Trails or Timber? A Contingent Behaviour Model of Recreational Facilities in Irish Forestry
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Cahill B., & Hynes S. (2007) "Trails or Timber? A Contingent Behaviour Model of Recreational Facilities in Irish Forestry" (Working Paper No. 0115) Department of Economics, National University of Ireland, Galway.
This research utilises a contingent behaviour valuation technique to value a number of improvements to recreational facilities in small-scale forests in Ireland. Willingness¿to-pay estimates have previously been made for Coillte (Ireland¿s state-owned forestry company) trails and forests. The total non-market value of Irish forests has also been examined. This paper adds to the literature by being the first to estimate the consumer surplus associated with recreational enhancements to Irish small-scale forest resources. The results presented indicate that community owned small-scale forestry can contribute enormously to the wellbeing of nearby urban residents, through the provision of outdoor recreational services.