On the Aggregate Value of Recreational Activities: A Nested Price Index Approach Using Poisson Demand Systems
Jeffrey Englin () and
Environmental & Resource Economics, 2000, vol. 15, issue 3, 217-226
An important consideration in the development ofregulations and policies that administer naturalresources in an area is the value of the non-marketactivities supported by those lands. Little attentionhas been paid to the aggregate value of largegeographic areas. This analysis builds autility-theoretic price index and utilizes this indexto estimate an aggregate Poisson demand to valuebackcountry recreational hiking opportunities innorthern California. Copyright Kluwer Academic Publishers 2000
Keywords: aggregate demand; aggregate welfare; green accounting; non-market valuation (search for similar items in EconPapers)
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