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A Multidimensional Approach to the Economic Value of Outdoor Recreation

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  • Bénédicte Rulleau

    (Cemagref, Unité ADER and GREThA, UMR CNRS 5113, Université Montesquieu-Bordeaux IV)

  • Jeoffrey Dehez

    (Cemagref, Unité ADER and GREThA, UMR CNRS 5113, Université Montesquieu-Bordeaux IV)

  • Patrick Point

    (Cemagref, Unité ADER and GREThA, UMR CNRS 5113, Université Montesquieu-Bordeaux IV)

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    Abstract

    Whilst quality is a key factor of recreational demand, traditional methods of economic valuation have trouble incorporating this multi-dimensional aspect. Choice experiment, seen as an alternative, has its limits as well. We therefore examine an approach known as the multi-programme method (MP), based on the work of Lancaster (1966) and Hoehn (1991) and on a protocol developed by Santos (1998) and Point et al. (2007). It focuses on determining agents willingness to pay for different components (called programmes) of an environmental scheme but also studies potential relations between these components. To valuate the environmental scheme, MP does not use the independent valuation and summation procedure but also takes into account changes due to the implementation of the scheme (Hoehn and Loomis, 1993). We propose an application of MP to Girondine coastal sites, where recreational activities concurrently take place in three adjacent natural areas: forest, sandy beach and the ocean.

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    Bibliographic Info

    Article provided by Institut National de la Statistique et des Etudes Economiques in its journal Economie et Statistique.

    Volume (Year): 421 (2009)
    Issue (Month): (September)
    Pages: 29-45

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    Handle: RePEc:crs:ecosta:es421b

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    Related research

    Keywords: Coastal Forests; Economic Valuation; Multi-attribute Approach; Multi-Programme Contingent Valuation Method; Outdoor Recreation;

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    References

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    1. Lazear, Edward P & Michael, Robert T, 1980. "Family Size and the Distribution of Real Per Capita Income," American Economic Review, American Economic Association, vol. 70(1), pages 91-107, March.
    2. McConnell, K. E., 1990. "Models for referendum data: The structure of discrete choice models for contingent valuation," Journal of Environmental Economics and Management, Elsevier, vol. 18(1), pages 19-34, January.
    3. Kelvin J. Lancaster, 1966. "A New Approach to Consumer Theory," Journal of Political Economy, University of Chicago Press, vol. 74, pages 132.
    4. Mbolatiana Rambonilaza & Patrick Point & Jeanne Dachary-Bernard, 2007. "Stability of the WTP Measurements with Successive Use of Choice Experiments Method and Multiple Programmes Method," Revue d'économie politique, Dalloz, vol. 0(5), pages 719-735.
    5. Randall, Alan & Hoehn, John P., 1996. "Embedding in Market Demand Systems," Journal of Environmental Economics and Management, Elsevier, vol. 30(3), pages 369-380, May.
    6. Kahneman, Daniel & Knetsch, Jack L., 1992. "Valuing public goods: The purchase of moral satisfaction," Journal of Environmental Economics and Management, Elsevier, vol. 22(1), pages 57-70, January.
    7. Nick Hanley & Robert Wright & Gary Koop, 2002. "Modelling Recreation Demand Using Choice Experiments: Climbing in Scotland," Environmental & Resource Economics, European Association of Environmental and Resource Economists, vol. 22(3), pages 449-466, July.
    8. Morey, Edward R., 1981. "The demand for site-specific recreational activities: A characteristics approach," Journal of Environmental Economics and Management, Elsevier, vol. 8(4), pages 345-371, December.
    9. Hanley, Nick & Mourato, Susana & Wright, Robert E, 2001. " Choice Modelling Approaches: A Superior Alternative for Environmental Valuation?," Journal of Economic Surveys, Wiley Blackwell, vol. 15(3), pages 435-62, July.
    10. Christine Seller & John R. Stoll & Jean-Paul Chavas, 1985. "Validation of Empirical Measures of Welfare Change: A Comparison of Nonmarket Techniques," Land Economics, University of Wisconsin Press, vol. 62(2), pages 156-175.
    11. Hoehn John P. & Loomis John B., 1993. "Substitution Effects in the Valuation of Multiple Environmental Programs," Journal of Environmental Economics and Management, Elsevier, vol. 25(1), pages 56-75, July.
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