The impact of wildfires on the recreational value of heathland: A discrete factor approach with adjustment for on-site sampling
Francois Rineau and
Journal of Environmental Economics and Management, 2020, vol. 101, issue C
This study extends the finite mixture model proposed by Landry and Liu (2009) to control for on-site sampling in the context of a system of recreation demand equations. We apply the model to a quasi-panel of recreational trip data under current and hypothetical wildfire conditions. We use the estimated model to provide the first estimate of recreational value for heathland in a European protected area and for how wildfires affect this value. Although we find statistical support for our proposed on-site sampling correction, we find that the correction generates no significant impact on welfare measures in our application.
Keywords: Joint RP-SP; Revealed and stated preference; Travel cost; Contingent behavior (search for similar items in EconPapers)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:jeeman:v:101:y:2020:i:c:s0095069620300401
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