How Much Is Leisure Worth? Direct Measurement with Contingent Valuation
AbstractThis paper uses a contingent value survey in a Rocky Mountain city to measure the national income accounting value of leisure activities. Such direct measurement avoids shortcomings of the previously used labor value approach and individually values various types of leisure, e.g., napping and socializing. The results of the study indicate promise for this measurement approach but also raise some issues that require further research. Included are suggestions for overcoming problems discovered with this method and for future research. Copyright Kluwer Academic Publishers 2004
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Bibliographic InfoArticle provided by Springer in its journal Review of Economics of the Household.
Volume (Year): 2 (2004)
Issue (Month): 4 (08)
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Web page: http://www.springerlink.com/link.asp?id=109451
leisure; national income accounting;
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- Mario Cogoy, 2010. "Consumption, time and the environment," Review of Economics of the Household, Springer, vol. 8(4), pages 459-477, December.
- Ahlheim, Michael & Frör, Oliver & Heinke, Antonia & Duc, Nguyen Minh & Dinh, Pham Van, 2010. "Labour as a utility measure in contingent valuation studies: how good is it really?," FZID Discussion Papers 13-2010, University of Hohenheim, Center for Research on Innovation and Services (FZID).
- C. Barnet-Verzat & A. Pailhé & A. Solaz, 2011. "Spending time together: the impact of children on couples’ leisure synchronization," Review of Economics of the Household, Springer, vol. 9(4), pages 465-486, December.
- Nabanita Datta Gupta & Leslie Stratton, 2010. "Examining the impact of alternative power measures on individual time use in American and Danish couple households," Review of Economics of the Household, Springer, vol. 8(3), pages 325-343, September.
- Young-Sook Eom & Douglas Larson, 2006. "Valuing housework time from willingness to spend time and money for environmental quality improvements," Review of Economics of the Household, Springer, vol. 4(3), pages 205-227, 09.
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