Elasticities of Demand for Recreation Site and for Recreation Experience
C Price,
J B Christensen and
S K Humphreys
Environment and Planning A, 1986, vol. 18, issue 9, 1259-1263
Abstract:
Substitution makes demand for recreation sites more elastic than that for recreation experiences. Assessment of site elasticity by direct and Clawson methods yielded elastic estimates empirically, whereas response to hypothetical increased costs of travel yielded inelastic demand for recreation experiences. It is important to use the appropriate figure in recreation evaluations.
Date: 1986
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Persistent link: https://EconPapers.repec.org/RePEc:sae:envira:v:18:y:1986:i:9:p:1259-1263
DOI: 10.1068/a181259
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