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Last modified
7/14/2009 5:01:46 PM
Creation date
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UCREFRP
UCREFRP Catalog Number
7812
Author
Many
Title
Rivers, Studies in the Science, Environmental Policy, and Law of Instream Flow
USFW Year
1990
USFW - Doc Type
Rivers
Copyright Material
YES
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on improving the number of fish caught <br />on the North Fork Feather River. Lower <br />flows can result in greater angler access to <br />fish and may temporarily result in an in- <br />crease in catch until reduced water quan- <br />tity and quality kills the remaining fish. <br />This is not a sustainable change in fishing <br />quality, however, and has been excluded <br />in our analysis. Increases in flow may also <br />increase the size of fish caught, but this <br />benefit has not been measured in this study. <br />The flow in the river may have additional <br />value to anglers in terms of the river's aes- <br />thetics. Barring site congestion increases in <br />flow and fishing quality may induce ad- <br />ditional anglers to visit the North Fork <br />Feather River thereby increasing recre- <br />ational benefits. Increased streamflow is <br />much like a public good in that it is also <br />available to other river users such as boat- <br />ers, swimmers and picnickers. These ben- <br />efits need to be added to the $73.00 per cfs <br />previously estimated. <br />To the extent that anglers represent most <br />of the river's users and fishing quality is <br />their dominant concern regarding stream- <br />flow, fish stocking might be a viable mit- <br />igation option to offset below natural flows. <br />Our simple bioeconomic model provides <br />the information on the productivity of in- <br />stream flow in producing fish (equation <br />[4]) and how anglers value additional fish <br />caught. This information can be compared <br />with how much society values additional <br />electricity production and the productivity <br />of the river for some other out-of-stream <br />purposes. A comparison between these two <br />values would indicate whether fish pro- <br />duction is more inexpensively carried out <br />using flow in the river or at a hatchery. <br />The estimation procedure outlined in this <br />paper can be generalized to many possible <br />TCM demand functions that include a vari- <br />able(s) which measures site quality. If the <br />site quality measure is a function of some <br />variable that can be manipulated by a de- <br />cision maker, then the analyst can directly <br />estimate the changes in visitors' net eco- <br />nomic benefits resulting from changes in <br />the level of this variable. <br />REFERENCES <br />Bockstael, N., I. Strand, and M. Hanemann. 1987. Time and the recreational demand model. <br />American Journal of Agricultural Economics 69(2):293-302. <br />California Department of Finance. 1986. California Statistical Abstract. Sacramento: Califor- <br />nia Department of Finance, Finance and Economic Research Unit. <br />Caulkins, P., R. Bishop, and N. Bouwes. 1985. Omitted cross-price variable biases in the <br />linear travel cost model: Correcting common misperceptions. Land Economics 61(2):182- <br />187. <br />Cesario, F. 1976. The value of time in recreation benefit studies. Land Economics 52(2):32-41. <br />Daubert, J., and R. Young. 1981. Recreational demands for maintaining instream flows: A <br />contingent valuation approach. American Journal of Agricultural Economics 63(4):666-676. <br />Douglas, A. J. 1987. Annotated bibliography of economic literature on instream flow. Fort <br />Collins, CO: U.S. Fish and Wildlife Service, National Ecology Research Center (Biological <br />Report 88[39]). Available from National Technical Information Service (PB89-122436/AS). <br />Hertz Corporation. 1981-1986. Hertz News. New York: Hertz Corporation, Public Affairs <br />Department. <br />Johnson, N., and R. Adams. 1988. Benefits of increased streamflow: The case of the John <br />Day River steelhead fishery. Water Resources Research 24(11):1839-1846. <br />Judge, G., R. C. Hill, W. Griffiths, H. Lutkepohl, and T. C. Lee. 1985. The theory and practice <br />of econometrics. 2nd edition. New York: John Wiley and Sons. <br />Loomis, J. 1987. The economic value of instream flow: Methodology and benefit estimates <br />for optimum flows. Journal of Environmental Management 24(2):169-179. <br />McConnell, K. 1985. The economics of outdoor recreation. Pages 677-722 in A. Kneese and <br />J. Sweeney, editors. Handbook of natural resource and energy economics. Volume 2. Nether- <br />lands: Elsevier Science Publications. <br />Narayanan, R., D. Larson, B. Bishop, and P. Amirfathi. 1983. An economic evaluation of <br />benefits and costs of maintaining instream flows. Logan: Utah State University, Utah <br />Water Resources Laboratory (Water Resources Planning Series UWRL/P-83/04). <br />Smith, V. K., and W. H. Desvousges. 1985. The generalized travel cost model and water <br />quality benefits: An econometric analysis. Southern Economic journal 52(2):371-381. <br />Sorg, C., J. Loomis, D. Donnelly, G. Peterson, and L. Nelson. 1985. Net economic value of <br />10 <br />J. Loomis and J. Cooper 29 '
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