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

John C. Whitehead (), Daniel Phaneuf, Christopher F. Dumas, Jim Herstine, Jeffrey Hill and Bob Buerger

No 07-17, Working Papers from Department of Economics, Appalachian State University

Abstract: We consider the convergent validity of several demand models using beach recreation data. Two models employ multiple site data, the linked site-selection and trip frequency demand model and the Kuhn-Tucker demand system model. We exploit the effect of the existing variation in beach width on trip choices to analyze a 100 foot increase in beach width. We compare these models to a single site model where we jointly estimate revealed and stated preference data focusing on a hypothetical scenario that directly considers a 100 foot increase in beach width. In each case we develop estimates of the increased number of beach trips with an increase in beach width and the value of beach width. The trip estimates from each of the three models are similar and convergent valid. The convergent validity statistical test on willingness to pay suggests that the estimates converge between these models. However, the difference in magnitude is large. Key Words: Recreation Demand, Travel Cost Method, Convergent Validity

JEL-codes: Q51 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-agr, nep-dcm, nep-env and nep-tur
Date: 2007
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