How Much Is Leisure Worth? Direct Measurement with Contingent Valuation

Douglas Dalenberg (), John M. Fitzgerald (), Eric Schuck () and John Wicks ()

Review of Economics of the Household, 2004, vol. 2, issue 4, pages 351-365

Abstract: This paper uses a contingent value survey in a Rocky Mountain city to measure the national income accounting value of leisure activities. Such direct measurement avoids shortcomings of the previously used labor value approach and individually values various types of leisure, e.g., napping and socializing. The results of the study indicate promise for this measurement approach but also raise some issues that require further research. Included are suggestions for overcoming problems discovered with this method and for future research. Copyright Kluwer Academic Publishers 2004

Keywords: leisure; national income accounting (search for similar items in EconPapers)
Date: 2004

Downloads: (external link)
http://hdl.handle.net/10.1007/s11150-004-5652-8 (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: http://EconPapers.repec.org/RePEc:kap:reveho:v:2:y:2004:i:4:p:351-365

Access Statistics for this article

Review of Economics of the Household is edited by Shoshana Grossbard

More articles in Review of Economics of the Household from Springer
Series data maintained by Christopher F. Baum ().