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May 13, 2008 4:08 pm US/Eastern

Study Measures Value Of Intangible Forest Benefits

HAGERSTOWN, Md. (AP) ―

The University of Maryland has released a study that attempts to put a dollar value on some of the intangible benefits of Maryland state forests.

Researchers sponsored by the school's Harry R. Hughes Center for Agro-Ecology asked several hundred people to reveal the smallest amount of money they would accept in return for a 33,000-acre increase in timber harvesting on state forest land.

The median response was $375 a year.

The study also sought to measure the recreational value of state forests, partly by asking people how much they spent on trips to the woods.

The researchers concluded that people derived individual satisfaction worth $96 per trip for day users, and $400 for the average overnighter.

(© 2008 The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed.)

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