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On the Necessity of Simultaneous Recreation Demand Equation Estimation

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  • John G. Hof
  • David A. King

Abstract

This paper provides an empirical framework for testing a welfare change measure by considering the following problem: a public agency is faced with the decision of how to maximize public welfare from optimally locating a large-scale national recreational ...

Suggested Citation

  • John G. Hof & David A. King, 1982. "On the Necessity of Simultaneous Recreation Demand Equation Estimation," Land Economics, University of Wisconsin Press, vol. 58(4), pages 547-552.
    • Handle: RePEc:uwp:landec:v:58:y:1982:i:4:p:547-552
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    Cited by:

    1. Riera Font, A., 2000. "Valoración económica de los atributos ambientales mediante el método del coste de viaje," Estudios de Economia Aplicada, Estudios de Economia Aplicada, vol. 14, pages 173-198, Abril.
    2. von Haefen, Roger H., 2010. "Incomplete Demand Systems, Corner Solutions, and Welfare Measurement," Agricultural and Resource Economics Review, Northeastern Agricultural and Resource Economics Association, vol. 39(1), pages 1-15, February.
    3. Hof, John G. & Loomis, John B., 1983. "A Recreation Optimization Model Based On The Travel Cost Method," Western Journal of Agricultural Economics, Western Agricultural Economics Association, vol. 8(1), pages 1-10, July.
    4. Ribaudo, Marc O. & Hellerstein, Daniel, 1992. "Estimating Water Quality Benefits: Theoretical and Methodological Issues," Technical Bulletins 157031, United States Department of Agriculture, Economic Research Service.
    5. Milon, J. Walter, 1988. "Travel Cost Methods For Estimating The Recreational Use Benefits Of Artificial Marine Habitat," Southern Journal of Agricultural Economics, Southern Agricultural Economics Association, vol. 20(1), pages 1-15, July.
    6. 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.

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