THE ECONOMIC VALUE OF MOOSE HUNTING IN NEWFOUNDLAND

The dichotomous choice contingent valuation method was used to determi ne the net economic value of moose hunting in Newfoundland. Specific q uestions addressed the value of changes in moose hunting that could re sult from forest management. Three statistical models were used to det ermine mean and median welfare measures for four different contingent valuation models. The values obtained are similar to other studies tha t have obtained economic values for big-game hunting. The results show that although differences in welfare measures exist between statistic al models, the mean and median values within a specification appear to be relatively robust. The results also suggest that factors affected by forest management (e.g., moose populations) provide more substantia l benefits than factors under the control of the administrative agency (e.g., season length).