Estimating values for recreational fishing at freshwater dams in Queensland
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In this paper, estimates of value for recreational fishing are reported for three major
freshwater impoundments in Queensland, Australia, using both travel cost and contingent
valuation methods. Policy analysts often require estimates of value when analysing the
importance of recreation against other uses of impoundments, or when considering
the potential for further investments, such as with fish stocking programs. Different
forms of the travel cost method are used to estimate separate consumer surpluses
associated with two key subgroups of recreational anglers: frequent and occasional
anglers. A contingent valuation study is used to estimate the marginal values associated
with a potential improvement in fishing experience. The results of the travel cost analysis
provide strong evidence that recreational values vary between different groups of
anglers and across sites, while the contingent valuation estimates provide values for
additional marginal benefits of recreational angling.