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The Value of Snowfall to Skiers and Boarders

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Author Info

  • Jeffrey Englin

    ()

  • Klaus Moeltner

Abstract

An interesting winter sport phenomenon inrecent years has been the growth ofsnowboarding. Snowboarding has outpaced skiingat many resorts and has become the snow ridingactivity of choice for many young people. Thisstudy develops an empirical demand model forwinter sport trips amongst college studentsfrom both camps and estimates economic welfareassociated with the two different activities. The results show that both trip demand andsurplus values are strongly affected by snowconditions. These effects are distinctlydifferent for the two consumer groups. Copyright Kluwer Academic Publishers 2004

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File URL: http://hdl.handle.net/10.1023/B:EARE.0000035453.78041.71
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Bibliographic Info

Article provided by European Association of Environmental and Resource Economists in its journal Environmental and Resource Economics.

Volume (Year): 29 (2004)
Issue (Month): 1 (September)
Pages: 123-136

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Handle: RePEc:kap:enreec:v:29:y:2004:i:1:p:123-136

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Web page: http://www.springerlink.com/link.asp?id=100263

Related research

Keywords: count data models; marginal value of snowfall; recreation demand; seasonal trip data; skiers vs. snowboarders;

References

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  1. Moeltner K. & Englin J., 2004. "Choice Behavior Under Time-Variant Quality: State Dependence Versus," Journal of Business & Economic Statistics, American Statistical Association, vol. 22, pages 214-224, April.
  2. Gourieroux Christian & Monfort Alain & Trognon A, 1982. "Pseudo maximum lilelihood methods : applications to poisson models," CEPREMAP Working Papers (Couverture Orange) 8203, CEPREMAP.
  3. Herriges, Joseph A. & Kling, Catherine L., 2003. "Recreation Demand Models," Staff General Research Papers 10211, Iowa State University, Department of Economics.
  4. Morey, Edward R, 1984. "The Choice of Ski Areas: Estimation of a Generalized CES Preference Ordering with Characteristics," The Review of Economics and Statistics, MIT Press, vol. 66(4), pages 584-90, November.
  5. Cicchetti, Charles J & Fisher, Anthony C & Smith, V Kerry, 1976. "An Econometric Evaluation of a Generalized Consumer Surplus Measure: The Mineral King Controversy," Econometrica, Econometric Society, vol. 44(6), pages 1259-76, November.
  6. Cameron, A Colin & Trivedi, Pravin K, 1986. "Econometric Models Based on Count Data: Comparisons and Applications of Some Estimators and Tests," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 1(1), pages 29-53, January.
  7. Englin Jeffrey & Shonkwiler J. S., 1995. "Modeling Recreation Demand in the Presence of Unobservable Travel Costs: Toward a Travel Price Model," Journal of Environmental Economics and Management, Elsevier, vol. 29(3), pages 368-377, November.
  8. White, Halbert, 1982. "Maximum Likelihood Estimation of Misspecified Models," Econometrica, Econometric Society, vol. 50(1), pages 1-25, January.
  9. Hellerstein, Daniel & Mendelsohn, Robert, 1993. "A Theoretical Foundation for Count Data Models," MPRA Paper 25265, University Library of Munich, Germany.
  10. Morey, Edward R., 1985. "Characteristics, consumer surplus, and new activities : A proposed ski area," Journal of Public Economics, Elsevier, vol. 26(2), pages 221-236, March.
  11. Moeltner, Klaus, 2003. "Addressing aggregation bias in zonal recreation models," Journal of Environmental Economics and Management, Elsevier, vol. 45(1), pages 128-144, January.
  12. 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.
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Citations

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Cited by:
  1. Roberto Martinez-Espineira, 2004. "Adopt a hypothetical pup’: A count data approach to the valuation of wildlife," Others 0410001, EconWPA.
  2. Jacqueline M. Hamilton & Richard S.J. Tol, 2004. "The Impact Of Climate Change On Tourism And Recreation," Working Papers FNU-52, Research unit Sustainability and Global Change, Hamburg University, revised Nov 2004.
  3. Lankia, Tuija & Huhtala, Anni, 2011. "Valuation of Trips to Second Homes in the Country: Do Environmental Attributes Matter?," 2011 International Congress, August 30-September 2, 2011, Zurich, Switzerland 114405, European Association of Agricultural Economists.
  4. Andrea Bigano & Jacqueline M. Hamilton & Richard S.J. Tol, 2008. "Climate Change and Tourism in the Mediterranean," Working Papers FNU-157, Research unit Sustainability and Global Change, Hamburg University, revised Feb 2008.
  5. Andrea Bigano & Alessandra Goria & Jacqueline Hamilton & Richard S.J. Tol, 2005. "The Effect of Climate Change and Extreme Weather Events on Tourism," Working Papers 2005.30, Fondazione Eni Enrico Mattei.
  6. John Whitehead & Ben Poulter & Christopher Dumas & Okmyung Bin, 2009. "Measuring the economic effects of sea level rise on shore fishing," Mitigation and Adaptation Strategies for Global Change, Springer, vol. 14(8), pages 777-792, December.
  7. Isabel Mendes & Isabel Proença, 2005. "Estimating the Recreation Value of Ecosystems by Using a Travel Cost Method Approach," Working Papers Department of Economics 2005/08, ISEG - School of Economics and Management, Department of Economics, University of Lisbon.
  8. John C. Whitehead & Ben Poulter & Christopher F. Dumas & Okmyung Bin, 2008. "Measuring the Impacts of Sea Level Rise on Marine Recreational Shore Fishing in North Carolina," Working Papers 08-09, Department of Economics, Appalachian State University.
  9. Isabel Mendes & Isabel Proença, 2009. "Measuring the Social Recreation Per-Day Net Benefit of Wildlife Amenities of a National Park: A Count-Data Travel Cost Approach," Working Papers Department of Economics 2009/35, ISEG - School of Economics and Management, Department of Economics, University of Lisbon.

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