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Convergent validity between revealed and stated recreation demand data: Some empirical evidence from the Basque Country, Spain

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  • Hoyos, David
  • Riera, Pere

Abstract

In a travel cost exercise, reported past visits to mount Jaizkibel, a natural area located in the Basque Country (Spain), are compared for convergent validity to stated intended future trips under the assumption that the natural resource's conditions will remain the same. In line with the results obtained by other studies, the empirical evidence of this application suggests that revealed preferences (RP) and stated preferences (SP) do not produce consistent data, i.e. do not achieve convergent validity. The paper deals with the convergent validity literature in continuous-choice studies by using two-staged count data models for recreation demand. Differences in preference structures and welfare estimates are tested assuming both common and different data generating processes for the RP and SP data.

Suggested Citation

  • Hoyos, David & Riera, Pere, 2013. "Convergent validity between revealed and stated recreation demand data: Some empirical evidence from the Basque Country, Spain," Journal of Forest Economics, Elsevier, vol. 19(3), pages 234-248.
  • Handle: RePEc:eee:foreco:v:19:y:2013:i:3:p:234-248
    DOI: 10.1016/j.jfe.2013.02.003
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    Cited by:

    1. 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).
    2. Mariel, Petr & Scarpa, Riccardo & Vega-Bayo, Ainhoa, 2018. "Joint parental school choice: Exploring the influence of individual preferences of husbands and wives," Regional Science and Urban Economics, Elsevier, vol. 68(C), pages 23-35.
    3. Cheng, Li & Lupi, Frank, 2016. "Combining Revealed and Stated Preference Methods for Valuing Water Quality Changes to Great Lakes Beaches," 2016 Annual Meeting, July 31-August 2, Boston, Massachusetts 235746, Agricultural and Applied Economics Association.

    More about this item

    Keywords

    Non-market valuation; Travel cost method; Revealed preferences; Stated preferences; Data pooling; Convergent validity;

    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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