ECONOMIC VALUATION OF RECREATIONAL BENEFITS OF PUBLIC PARK IN NEPAL *Khem Raj Subedi Associate Professor in Economics Tikapur Multiple Campus Tikapur, Kailali khem7434@gmail.com 9848427434 Abstract This paper investigates benefit cost ratio and condition of consumers' surplus from recreational public park in Nepal . The main objective of this study is to estimate the recreational benefits of Tikapur Banglow Park(TBP), calculation of consumers' surplus per visitor per trip of individual visitors and estimation of benefit cost ratio of the Park. The Individual Travel Cost Method (ITCM) has been employed to capture the non-market benefits of the Park. The study is based on the survey of 108 visitors of Tikapur Banglaw Park(TBP) during mid March to mid April 2014. The Poisson regression model has been used to estimate consumer surplus of the visitors. The study shows that visit rate of visitors of Park is inversely correlated with travel cost and age of the visitors and ...