Convergent Validity of Revealed and Stated Recreation Behavior with Quality Change: A Comparison of Multiple and Single Site Demands
Abstract
We consider the convergent validity of several demand models using beach recreation data. Two models employ multiple site data: a count data demand system model and the Kuhn-Tucker demand system model. We explore the role of existing variation in beach width in explaining trip choices, and analyze a hypothetical 100 foot increase in beach width. We compare these models to a single equation model where we jointly estimate revealed and stated preference trip data, and focus on a hypothetical scenario considering a 100 foot increase in beach width. In each case we develop estimates of the change in beach visits and the welfare impacts from the increase in width. The trip change estimates from two of the three models are similar and convergent valid, though the willingness to pay estimates differ in magnitude. Key Words: Recreation Demand, Travel Cost Method, Convergent Validity(This abstract was borrowed from another version of this item.)
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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): 45 (2010)
Issue (Month): 1 (January)
Pages: 91-112
Contact details of provider:
Web page: http://www.springerlink.com/link.asp?id=100263
Related research
Keywords: Recreation demand; Travel cost method; Convergent validity; Revealed preference; Stated preference;Other versions of this item:
- John C. Whitehead & Daniel Phaneuf & Christopher F. Dumas & Jim Herstine & Jeffrey Hill & Bob Buerger, 2007. "Convergent Validity of Revealed and Stated Recreation Behavior with Quality Change: A Comparison of Multiple and Single Site Demands," Working Papers 07-17, Department of Economics, Appalachian State University, revised 2008.
- Q51 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Valuation of Environmental Effects
References
References listed on IDEASPlease report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
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Citations
Blog mentions
As found by EconAcademics.org, the blog aggregator for Economics research:- I can't help a little boast about this one
by John Whitehead in Environmental Economics on 2009-07-03 20:03:31
Cited by:
- John C. Whitehead & Christopher F. Dumas & Jim Herstine & Jeffery Hill & Bob Buerger, 2006.
"Valuing Beach Access and Width with Revealed and Stated Preference Data,"
Working Papers
06-15, Department of Economics, Appalachian State University.
- Whitehead, John C. & Dumas, Christopher F. & Herstine, Jim & Hill, Jeffery & Buerger, Robert, 2008. "Valuing Beach Access and Width with Revealed and Stated Preference Data," Marine Resource Economics, Marine Resources Foundation, vol. 23(2).
- Phillips, Yvonne, 2011. "When the Tide is High: Estimating the Welfare Impact of Coastal Erosion Management," 2011 Conference, August 25-26, 2011, Nelson, New Zealand 115414, New Zealand Agricultural and Resource Economics Society.
- Beaumais, Olivier & Appéré, Gildas, 2010. "Recreational shellfish harvesting and health risks: A pseudo-panel approach combining revealed and stated preference data with correction for on-site sampling," Ecological Economics, Elsevier, vol. 69(12), pages 2315-2322, October.
- Morgan, O. Ashton & Huth, William L., 2011. "Using revealed and stated preference data to estimate the scope and access benefits associated with cave diving," Resource and Energy Economics, Elsevier, vol. 33(1), pages 107-118, January.
- Awondo, Sebastain N. & Egan, Kevin J. & Dwyer, Daryl F., 2011. "Increasing Beach Recreation Benefits by Using Wetlands to Reduce Contamination," Marine Resource Economics, Marine Resources Foundation, vol. 26(1).
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