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Possibilities for Including the Opportunity Cost of Time in Recreation Demand Systems

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  • W. Douglass Shaw
  • Peter Feather

Abstract

Recreation demand modelers have attempted to identify and incorporate the opportunity cost of an individual's time in travel and on-site in the model. Larson (1993b) focused on the value of leisure time in a model where individuals face a fixed work week. In this paper we examine the connection between labor supply and recreation demands, and focus on conditional demand systems. We illustrate that corner solution models are not needed to explain several interesting time-related recreation issues.

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Bibliographic Info

Article provided by University of Wisconsin Press in its journal Land Economics.

Volume (Year): 75 (1999)
Issue (Month): 4 ()
Pages: 592-602

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Handle: RePEc:uwp:landec:v:75:y:1999:i:4:p:592-602

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Web page: http://le.uwpress.org/

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Cited by:
  1. Bowker, James Michael & Starbuck, C. Meghan & English, Donald B.K. & Bergstrom, John C. & Rosenberger, Randall S. & McCollum, Daniel W., 2009. "Estimating the Net Economic Value of National Forest Recreation: An Application of the National Visitor Use Monitoring Database," Faculty Series 59603, University of Georgia, Department of Agricultural and Applied Economics.
  2. Hynes, Stephen & Greene, William, 2012. "Panel Travel Cost Count Data Models for On-Site Samples that Incorporate Unobserved Heterogeneity with Respect to the Impact of the Explanatory Variables," Working Papers 148834, Socio-Economic Marine Research Unit, National University of Ireland, Galway.
  3. 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.
  4. Loomis, John B. & Gonzalez-Caban, Armando & Englin, Jeffrey E., 2001. "Testing For Differential Effects Of Forest Fires On Hiking And Mountain Biking Demand And Benefits," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 26(02), December.
  5. McKean, John R. & Johnson, Donn M. & Taylor, R. Garth, 2001. "The Value Of Sport Fishing In The Snake River Basin Of Central Idaho," 2001 Annual Meeting, July 8-11, 2001, Logan, Utah 36190, Western Agricultural Economics Association.
  6. Hellström, Jörgen & Nordström, Jonas, 2012. "Demand and welfare effects in recreational travel models: Accounting for substitution between number of trips and days to stay," Transportation Research Part A: Policy and Practice, Elsevier, vol. 46(3), pages 446-456.
  7. Nick Hanley & David Bell & Begona Alvarez-Farizo, 2003. "Valuing the Benefits of Coastal Water Quality Improvements Using Contingent and Real Behaviour," Environmental & Resource Economics, European Association of Environmental and Resource Economists, vol. 24(3), pages 273-285, March.
  8. Bilgic, Abdulbaki & Florkowski, Wojciech J., 2003. "Truncated-At-Zero Count Data Models With Partial Observability: An Application To The Freshwater Fishing Demand In The Southeastern U.S," 2003 Annual Meeting, February 1-5, 2003, Mobile, Alabama 35185, Southern Agricultural Economics Association.
  9. Bartczak, Anna & Lindhjem, Henrik & Navrud, Ståle & Zandersen, Marianne & Zylicz, Tomasz, 2008. "Valuing forest recreation on the national level in a transition economy: The case of Poland," Forest Policy and Economics, Elsevier, vol. 10(7-8), pages 467-472, October.
  10. Hynes, Stephen & Greene, William, 2011. "Estimating recreation demand with on-site panel data: An application of a latent class truncated and endogenously stratified count data model," Working Papers 148925, Socio-Economic Marine Research Unit, National University of Ireland, Galway.
  11. Jeuland, Marc & Lucas, Marcelino & Clemens, John & Whittington, Dale, 2010. "Estimating the private benefits of vaccination against cholera in Beira, Mozambique: A travel cost approach," Journal of Development Economics, Elsevier, vol. 91(2), pages 310-322, March.
  12. Phaneuf, Daniel J. & Smith, V. Kerry, 2006. "Recreation Demand Models," Handbook of Environmental Economics, in: K. G. Mäler & J. R. Vincent (ed.), Handbook of Environmental Economics, edition 1, volume 2, chapter 15, pages 671-761 Elsevier.
  13. Lienhoop, Nele & Ansmann, Till, 2011. "Valuing water level changes in reservoirs using two stated preference approaches: An exploration of validity," Ecological Economics, Elsevier, vol. 70(7), pages 1250-1258, May.
  14. Bilgic, Abdulbaki & Florkowski, Wojciech J., 2003. "Explaning Anglers Behavior Using Count Data Models With Endogenous Switching Regime," 2003 Annual meeting, July 27-30, Montreal, Canada 22087, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
  15. Amoako-Tuffour, Joe & Martınez-Espineira, Roberto, 2008. "Leisure and the Opportunity Cost of Travel Time in Recreation Demand Analysis: A Re-Examination," MPRA Paper 8573, University Library of Munich, Germany.
  16. Ancev, Tihomir & Stoecker, Arthur L. & Storm, Daniel E. & White, Michael J., 2006. "The Economics of Efficient Phosphorus Abatement in a Watershed," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 31(03), December.
  17. Hellström, Jörgen & Nordström, Jonas, 2005. "Demand and Welfare Effects in Recreational Travel Models: A Bivariate Count Data Approach," UmeÃ¥ Economic Studies 648, Umeå University, Department of Economics.
  18. Yen, Steven T. & Kasteridis, Panagiotis P. & Riley, John B., 2012. "Food Expenditures away from Home by Elderly Households," 2012 Annual Meeting, August 12-14, 2012, Seattle, Washington 124981, Agricultural and Applied Economics Association.

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