Horseback Riding

Reference

Location

Site Name

Valuation Method

Economic Value Estimate (2016)

Units

Bergstrom, J.C. and H.K. Cordell. 1991. An analysis of the demand for and value of outdoor recreation in the United States. Journal of Leisure Research 23(1):67-86.

USA

---

Travel Cost Method

$24.09

Per Person Per Day

Blackwell, M., A. Pagoulatos, W. Hu and K. Auchter. 2009. Recreational demand for equestrian trail-riding. Agricultural and Resource Economics Review 38(2):229-239.

---

Travel Cost Method

$320.20

Per Person Per Day*

Reference Location

Site

Ownership

Wilderness

Survey
Type

Data Year(s)

Visitor Type

Sample
Summary
Stats
Provided

Response
Rate (%)

Sample Frame

Valuation Method

Regression
Model
Provided

Sample
Size

Stated
Preference
Elicitation
Method

Stated
Preference
Payment
Vehicle

Stated
Preference
Payment Type

Revealed Preference
Substitute Price
Included
in Regression

Revealed
Preference
Observations
Truncated

Revealed Preference
Corrected for
Endogenous
Stratifaction

Revealed Preference
Cost/Mile
Used

Revealed Preference
Opportunity Cost
of Time Included
in Regression

Revealed Preference
Opportunity Cost
of Time Used

Revealed Preference
% of Wage
Rate Used

Revealed Preference
Single Destination
Trips Only

Revealed Preference
Primary Purpose
Visitors Only

Group
Size

Days
per Trip

Economic Value Estimate(2016)

Units

Bergstrom, J.C. and H.K. Cordell. 1991. An analysi...

USA

---

Public Land - Mixed

In-person

1987

Residents and Non-residents

81.25

On-site

Travel Cost Method - Zonal

---

Yes

---

Yes

Wage Rate

Yes

---

$24.09

Per Person Per Day

Blackwell, M., A. Pagoulatos, W. Hu and K. Auchter...

---

Public and Private Land

Mixed Modes

2007

Specifically Targeted Sub-population

Yes

100

Other

Travel Cost Method - Individual

Yes

188

---

Yes

---

Yes

---

1.75

$320.20

Per Person Per Day*

Average Values

Horseback Riding Averages - Activity Detail

Region	Observations	Average Value (per person per day, 2016 dollars)	Minimum Value	Maximum Value
Alaska	---	---	---	---
Intermountain	---	---	---	---
Multiple Areas	1	$320.17	$320.17	$320.17
Northeast	---	---	---	---
Pacific Coast	---	---	---	---
Southeast	1	$24.09	$25.10	$26.12
Total Sample	2	$172.13	$25.10	$320.17

* Converted from original units