IDEAS home Printed from https://ideas.repec.org/a/uwp/landec/v96y2020i2p225-243.html
   My bibliography  Save this article

The Response of Recreation Demand to Recessionary Forces: Evidence from Local Lake Usage

Author

Listed:
  • Mohammad Mainul Hoque
  • Joseph A. Herriges
  • Catherine L. Kling

Abstract

During recessions, households may face unemployment, retirement, and/or lower income. These changes can induce an increase or decrease in recreation demand, depending upon whether recreation is a normal or inferior good. Further, income changes lower the opportunity cost of time devoted to recreation, potentially inducing increases in recreation activity. The net effect of these recessionary forces is an empirical question that has received little attention to date. Utilizing a unique panel comprising both prerecession and during-recession data on household employment, recreation usage, and socioeconomic variables, we investigate how changes in employment status during the recession alter lake-based recreation demand.

Suggested Citation

  • Mohammad Mainul Hoque & Joseph A. Herriges & Catherine L. Kling, 2020. "The Response of Recreation Demand to Recessionary Forces: Evidence from Local Lake Usage," Land Economics, University of Wisconsin Press, vol. 96(2), pages 225-243.
    • Handle: RePEc:uwp:landec:v:96:y:2020:i:2:p:225-243
    Note: DOI: 10.3368/le.96.2.225
    as

    Download full text from publisher

    File URL: http://le.uwpress.org/cgi/reprint/96/2/225
    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.

    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

    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:96:y:2020:i:2:p:225-243. 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.

    We have no bibliographic references for this item. You can help adding them by using 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.