Weather conditions and outdoor recreation: A study of New England ski areas

Laura Beaudin and Ju-Chin Huang

Ecological Economics, 2014, vol. 106, issue C, 56-68

Abstract: We present a structural model and employ discrete time survival analysis to examine the impact of weather conditions on firms' exit decisions within the New England ski industry. Our results suggest that weather conditions can have significant direct and indirect effects on the closure of ski areas. The results also indicate that larger ski areas are more likely to engage in investment activities to help offset the effects of adverse weather conditions, which tip the odds of success in favor of these ski areas. Consequently, this study shows that climate change may have played a significant role in altering the market structure of the New England ski industry.

Keywords: Discrete time survival analysis; Market structure; Climate change; Weather conditions; Tourism (search for similar items in EconPapers)
Date: 2014
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (14)

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0921800914002134
Full text for ScienceDirect subscribers only

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: https://EconPapers.repec.org/RePEc:eee:ecolec:v:106:y:2014:i:c:p:56-68

DOI: 10.1016/j.ecolecon.2014.07.011

Access Statistics for this article

Ecological Economics is currently edited by C. J. Cleveland

More articles in Ecological Economics from Elsevier
Bibliographic data for series maintained by Catherine Liu ().