Estimating the economic impact of climate change on the freshwater sportsfisheries of the Northeastern United States

Technical Report · Fri Jun 06 00:00:00 EDT 1997

DOI:https://doi.org/10.2172/656494· OSTI ID:656494

Pendleton, L ^[1]; Mendelsohn, R ^[2]

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1. Univ. of Southern California, Los Angeles, CA (United States). Dept. of Economics
2. Yale Univ., New Haven, CT (United States). School of Forestry and Environmental Studies

This study links models of global climate circulation, ecology, and economic valuation (hedonic travel cost and random utility models) to value the impact of global warming on freshwater sportfishing in the Northeast. An origin-specific linear random utility model (RUM) is introduced. The results of the RUM are shown to be comparable to those of a hedonic travel cost model. A doubling of atmospheric carbon dioxide is predicted to generate between a $4.6 million loss and a $20.5 million net benefit for the Northeastern United States, depending on the climate scenario.

• Research Organization: Yale Univ., School of Forestry and Environmental Studies, New Haven, CT (United States)
• Sponsoring Organization: USDOE Office of Energy Research, Washington, DC (United States)
• DOE Contract Number: FG02-95ER62115
• OSTI ID: 656494
• Report Number(s): DOE/ER/62115-T1-Pt.1; ON: DE98006284; BR: KP0508000; TRN: AHC29817%%49
• Resource Relation: Other Information: PBD: 6 Jun 1997
• Country of Publication: United States
• Language: English

Related Subjects

54 ENVIRONMENTAL SCIENCES
CLIMATIC CHANGE
ECONOMIC IMPACT
NUMERICAL DATA
R CODES
CARBON DIOXIDE
FISHERIES
ENVIRONMENTAL IMPACTS
FRESH WATER
MATHEMATICAL MODELS