This paper introduces household labor market choices into the demand for recreation, showing that the opportunity cost of timewage rate connection is severed when several household members have the opportunity to participate in the labor market at fixed wages. An application of recreation demand for households in New Bedford, Massachusetts, shows that the recreation demand models and estimates of consumer surplus are sensitive to household labor market choices.
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Article provided by University of Wisconsin Press in its journal Land Economics.
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Find related papers by JEL classification: Q26 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Recreational Aspects of Natural Resources
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