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Convergent Validity of Revealed and Stated Recreation Behavior with Quality Change: A Comparison of Multiple and Single Site Demands

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Author Info
John C. Whitehead
Daniel Phaneuf
Christopher F. Dumas
Jim Herstine
Jeffrey Hill
Bob Buerger

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Abstract

We consider the convergent validity of several demand models using beach recreation data. Two models employ multiple site data: a count data demand system model and the Kuhn-Tucker demand system model. We explore the role of existing variation in beach width in explaining trip choices, and analyze a hypothetical 100 foot increase in beach width. We compare these models to a single equation model where we jointly estimate revealed and stated preference trip data, and focus on a hypothetical scenario considering a 100 foot increase in beach width. In each case we develop estimates of the change in beach visits and the welfare impacts from the increase in width. The trip change estimates from two of the three models are similar and convergent valid, though the willingness to pay estimates differ in magnitude. Key Words: Recreation Demand, Travel Cost Method, Convergent Validity

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File URL: http://econ.appstate.edu/RePEc/pdf/wp0717.pdf
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Publisher Info
Paper provided by Department of Economics, Appalachian State University in its series Working Papers with number 07-17.

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Date of creation: 2007
Date of revision: 2008
Handle: RePEc:apl:wpaper:07-17

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Postal: Thelma C. Raley Hall, Boone, North Carolina 28608
Phone: 828-262-2148
Fax: 828-262-6105
Web page: http://www.business.appstate.edu/departments/economics/
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Q51 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Valuation of Environmental Effects

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  1. Whitehead, John C. & Haab, Timothy C. & Huang, Ju-Chin, 2000. "Measuring recreation benefits of quality improvements with revealed and stated behavior data," Resource and Energy Economics, Elsevier, vol. 22(4), pages 339-354, October. [Downloadable!] (restricted)
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  2. Carson, Richard T. & Hanemann, W. Michael, 2006. "Contingent Valuation," Handbook of Environmental Economics, in: K. G. Mäler & J. R. Vincent (ed.), Handbook of Environmental Economics, edition 1, volume 2, chapter 17, pages 821-936 Elsevier. [Downloadable!] (restricted)
  3. Kling, Catherine L. & Bockstael, Nancy & Michael, W., 2005. "Estimating the Value of Water Quality Improvements in a Recreational Demand Framework," Staff General Research Papers 12334, Iowa State University, Department of Economics.
  4. Phaneuf, Daniel J. & Siderelis, Chris, 2003. "An Application Of The Kuhn-Tucker Model To The Demand For Water Trail Trips In North Carolina," Marine Resource Economics, Marine Resources Foundation, vol. 18(1). [Downloadable!]
  5. Parsons, George R. & Jakus, Paul M. & Tomasi, Ted, 1999. "A Comparison of Welfare Estimates from Four Models for Linking Seasonal Recreational Trips to Multinomial Logit Models of Site Choice," Journal of Environmental Economics and Management, Elsevier, vol. 38(2), pages 143-157, September. [Downloadable!] (restricted)
  6. Jeon, Yongsik & Herriges, Joseph A., 2005. "Convergent Validity of Contingent Behavior Responses in Models of Recreation Demand," Staff General Research Papers 12473, Iowa State University, Department of Economics. [Downloadable!]
  7. Daniel J. Phaneuf & Catherine L. Kling & Joseph A. Herriges, 2000. "Estimation and Welfare Calculations in a Generalized Corner Solution Model with an Application to Recreation Demand," The Review of Economics and Statistics, MIT Press, vol. 82(1), pages 83-92, February. [Downloadable!] (restricted)
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