The Economic Value of Rock Climbing in Smith Rock

Abstract

In this study we estimate the economic value of rock climbing in Smith Rock State Park, Oregon. This area has seen an increase in recreational visits over the years, especially in rock climbing, necessitating economic valuation of the site to assist park managers in optimal management of this resource. Given regular conflicts over use of rock climbing areas by a variety of stakeholders (recreational users, habitats, cultural uses, etc.) this study will help in understanding how benefits of recreation are affected when policies limit access to such areas. We collect original survey data on travel to Smith Rock and estimate an individual travel cost model (ITCM) to obtain the recreational value of rock climbing in Smith Rock. We find consumer surplus of $215.63 per rock climber or $25.62 million annually for all rock climbing visits. Our results have bearing on current federal deliberations regarding banning fixed climbing anchors and fixed equipment in designated wilderness areas in national parks and national forests, and on development of management plans in other recreation areas with heavy climbing use.

Keywords: economic valuation, TCM, tourism, rock climbing