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Title: Nonmarket economic user values of the Florida Keys/Key West
Author(s): Leeworthy, Vernon R.; Bowker, J. Michael
Date: 1997
Source: Silver Spring, MD: National Oceanic and Atmospheric Administration, Strategic Environmental Assessments Division. 41 p.
Description: This report provides estimates of the nonmarket economic user values for recreating visitors to the Florida Keys/Key West that participated in natural resource-based activities. Results from estimated travel cost models are presented, including visitor’s responses to prices and estimated per person-trip user values. Annual user values are also calculated and presented and are used along with estimates of activity person-days to derive estimates of activity-based user values. Estimates of annual user values are used to estimate the asset value of the resources of the area for visitor’s outdoor recreation uses. The report discusses the general uses of nonmarket economic use values and gives an example by putting the costs of water quality improvement and protection for the Florida Keys/Key West into perspective.
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