Document Type
Thesis
Degree
Master of Science (MS)
Major/Program
Environmental Studies
First Advisor's Name
Pallab Mozumder
First Advisor's Committee Title
Committee Chair
Second Advisor's Name
Mahadev G. Bhat
Second Advisor's Committee Title
Committee Member
Third Advisor's Name
Michael Sukop
Third Advisor's Committee Title
Committee Member
Fourth Advisor's Name
Jennifer Rehage
Fourth Advisor's Committee Title
Committee Member
Keywords
Recreational fishing, guides and outfitters, Hedonic price model, implicit price, fishing attributes
Date of Defense
7-6-2016
Abstract
Florida is the “Fishing Capital of the World”. With 3.1 million recreational anglers and total recreational fishing-related expenditures of $5 billion in 2011, Florida ranked first in the nation. Given the large benefits of recreational fishing in Florida, assessing the preferences of anglers is critical for sustaining the substantial benefits obtained from recreational fishing in Florida. The objective of this study is to estimate the value of fishing attributes using data on recreational fishing services offered by guides and outfitters. Hedonic price models are applied to estimate the implicit prices of fishing trip attributes and features. The estimated total economic impacts suggest that recreational fishing activities have added $151.19 million value to the economy of Florida and generated $69.73 million in total output. The results can be used by state and national policymakers for future policy design and management of this unique ecosystem service to ensure a sustainable economy.
Identifier
FIDC000774
Recommended Citation
Asadi, Mehrnoosh, "Evaluating the Economic Impact of Recreational Charter Fishing in Florida Using Hedonic Price and Economic Impact Analysis" (2016). FIU Electronic Theses and Dissertations. 2547.
https://digitalcommons.fiu.edu/etd/2547
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