IDEAS home Printed from https://ideas.repec.org/a/uwp/landec/v83y2007i2p253-267.html
   My bibliography  Save this article

Hedonic Onsight Cost Model of Recreation Demand

Author

Listed:
  • Craig E. Landry
  • Kenneth E. McConnell

Abstract

For many recreational activities onsite pecuniary costs can be a significant portion of the cost of a recreational trip. Onsite expenditures, however, often depend upon endogenous quality choices made by the household. We formulate a recreation demand model that formally accounts for household selection of quality of onsite time. Household behavior is constrained by income, prices, and the onsite hedonic price schedule. Assuming complete optimization, a reduced form Marshallian demand curve for recreation trips still results and a specialized version of Roy’s Identity provides a basis for welfare analysis. Instrumenting for endogenous quality choices does not improve demand estimation.

Suggested Citation

  • Craig E. Landry & Kenneth E. McConnell, 2007. "Hedonic Onsight Cost Model of Recreation Demand," Land Economics, University of Wisconsin Press, vol. 83(2), pages 253-267.
    • Handle: RePEc:uwp:landec:v:83:y:2007:i:2:p:253-267
    as

    Download full text from publisher

    File URL: http://le.uwpress.org/cgi/reprint/83/2/253
    Download Restriction: A subscripton is required to access pdf files. Pay per article is available.
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. John R. McKean & Richard G. Walsh & Donn M. Johnson, 1996. "Closely Related Good Prices in the Travel Cost Model," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 78(3), pages 640-646.
    2. Timothy C. Haab & Kenneth E. McConnell, 2002. "Valuing Environmental and Natural Resources," Books, Edward Elgar Publishing, number 2427.
    3. Shaw, Daigee, 1988. "On-site samples' regression : Problems of non-negative integers, truncation, and endogenous stratification," Journal of Econometrics, Elsevier, vol. 37(2), pages 211-223, February.
    4. Bartik, Timothy J, 1987. "The Estimation of Demand Parameters in Hedonic Price Models," Journal of Political Economy, University of Chicago Press, vol. 95(1), pages 81-88, February.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Ian B. Page & Erik Lichtenberg & Monica Saavoss, 2020. "Estimating Willingness to Pay from Count Data When Survey Responses are Rounded," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 75(3), pages 657-675, March.
    2. Kono, Tatsuhito & Yoshida, Jun, 2020. "Travel Cost Method Considering Trip-day Counts as Integers," MPRA Paper 106188, University Library of Munich, Germany, revised 18 Feb 2021.
    3. Prayaga, Prabha, 2017. "Estimating the value of beach recreation for locals in the Great Barrier Reef Marine Park, Australia," Economic Analysis and Policy, Elsevier, vol. 53(C), pages 9-18.
    4. Landry, Craig E. & Liu, Haiyong, 2009. "A semi-parametric estimator for revealed and stated preference data--An application to recreational beach visitation," Journal of Environmental Economics and Management, Elsevier, vol. 57(2), pages 205-218, March.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. John A. Curtis, 2002. "Estimating the Demand for Salmon Angling in Ireland," The Economic and Social Review, Economic and Social Studies, vol. 33(3), pages 319-332.
    2. Ojumu, Oluwagbemiga & Hite, Diane & Fields, Deacue, 2009. "Estimating Demand For Recreational Fishing In Alabama Using Travel Cost Model," 2009 Annual Meeting, January 31-February 3, 2009, Atlanta, Georgia 46858, Southern Agricultural Economics Association.
    3. Curtis, John & Stanley, Brian, 2015. "Water Quality and Recreational Angling Demand in Ireland," Papers WP521, Economic and Social Research Institute (ESRI).
    4. Craig E. Landry & Alyson R. Lewis & Haiyong Liu & Hans Vogelsong, 2016. "Addressing Onsite Sampling in Analysis of Recreation Demand: Economic Value and Impact of Visitation to Cape Hatteras National Seashore," Marine Resource Economics, University of Chicago Press, vol. 31(3), pages 301-322.
    5. Ovaskainen, Ville & Neuvonen, Marjo & Pouta, Eija, 2012. "Modelling recreation demand with respondent-reported driving cost and stated cost of travel time: A Finnish case," Journal of Forest Economics, Elsevier, vol. 18(4), pages 303-317.
    6. Pattiz, Brian David, 2009. "Count regression models for recreation demand: an application to Clear Lake," ISU General Staff Papers 200901010800002092, Iowa State University, Department of Economics.
    7. Raju Mandal & Subrata Barman & M. P. Bezbaruah, 2014. "Economic Valuation for a better Conservation: A Case Study of Kaziranga National Park, India," Working Papers 1410, Sam Houston State University, Department of Economics and International Business.
    8. repec:cha:ysa001:v:7:y:2014:i:1:p:48-59 is not listed on IDEAS
    9. Cetin, Nuket Ipek & Bourget, Gulhan & Tezer, Azime, 2021. "Travel-cost method for assessing the monetary value of recreational services in the Ömerli Catchment," Ecological Economics, Elsevier, vol. 190(C).
    10. Mohammad Younus Bhat & Mohammad Sultan Bhatt, 2019. "Economic valuation of biodiversity in South Asia: The case of Dachigam National Park in Jammu and Kashmir (India)," Asia and the Pacific Policy Studies, Wiley Blackwell, vol. 6(1), pages 59-72, January.
    11. Doshi, Amar & Pascoe, Sean, 2013. "Investigating the effects of sample heterogeneity on the travel cost model for coral diving in Southeast Asia," 2013 Conference (57th), February 5-8, 2013, Sydney, Australia 152146, Australian Agricultural and Resource Economics Society.
    12. Voltaire, Louinord & Koutchade, Obafèmi Philippe, 2020. "Public acceptance of and heterogeneity in behavioral beach trip responses to offshore wind farm development in Catalonia (Spain)," Resource and Energy Economics, Elsevier, vol. 60(C).
    13. Henry Wüstemann & Gero Coppel & Marco Masin, 2015. "Landnutzung und ländlicher Tourismus: Eine hedonische Analyse," Journal of Socio-Economics in Agriculture (Until 2015: Yearbook of Socioeconomics in Agriculture), Swiss Society for Agricultural Economics and Rural Sociology, vol. 8(1), pages 48-59.
    14. Zachary Darby & Neelam Chandra Poudyal & Adam Frakes & Omkar Joshi, 2021. "Economic Analysis of Recreation Access at a Lake Facing Water Crisis due to Municipal Water Demand," Water Resources Management: An International Journal, Published for the European Water Resources Association (EWRA), Springer;European Water Resources Association (EWRA), vol. 35(9), pages 2909-2920, July.
    15. Massimo Filippini & William Greene & Adan L. Martinez-Cruz, 2018. "Non-market Value of Winter Outdoor Recreation in the Swiss Alps: The Case of Val Bedretto," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 71(3), pages 729-754, November.
    16. Prayaga, Prabha, 2017. "Estimating the value of beach recreation for locals in the Great Barrier Reef Marine Park, Australia," Economic Analysis and Policy, Elsevier, vol. 53(C), pages 9-18.
    17. 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.
    18. 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.
    19. Pascoe, Sean, 2019. "Recreational beach use values with multiple activities," Ecological Economics, Elsevier, vol. 160(C), pages 137-144.
    20. 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 - Lisbon School of Economics and Management, Department of Economics, Universidade de Lisboa.
    21. Mahadev Bhat & Ramachandra Bhatta & Mohamed Shumais, 2014. "Sustainable funding policies for environmental protection: the case of Maldivian atolls," Environmental Economics and Policy Studies, Springer;Society for Environmental Economics and Policy Studies - SEEPS, vol. 16(1), pages 45-67, January.

    More about this item

    JEL classification:

    • Q26 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Recreational Aspects of Natural Resources
    • Q51 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Valuation of Environmental Effects

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:uwp:landec:v:83:y:2007:i:2:p:253-267. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: the person in charge (email available below). General contact details of provider: http://le.uwpress.org/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.