Economic value of fish,wildlife, and recreation in Michigan's coastal wetlands

On the basis of annual expenditures by recreational participants and standard values of recreation days, as well as estimated sport and commercial harvests, the gross annual return from Michigan's 105,855 acres of coastal wetlands has been estimated. Analysis of fish, wildlife, and recreational values revealed that in 1977 these wetland areas generated an economic value of $489.69 per wetland acre, for a direct annual gross of $51.8 million. Specifically, these average return values per wetland acre/year, in descending order, are sport fishing ($286), nonconsumptive recreation ($138.24), waterfowl hunting ($31.23), trapping of furbearers ($30.44), and commercial fishing ($3.78). These gross annual return values were calculated in an effort to sensitize the general public to the diversity and possible magnitude of selected wetland functions.