ESTIMATING DYNAMIC RECREATIONAL DEMAND BY THE HEDONIC TRAVEL COST METHOD

Chia-Yu Yeh and Brent Sohngen

No 20165, 2004 Annual meeting, August 1-4, Denver, CO from American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association)

Abstract: This research explores how recreational values change over time. Hedonic functions linking travel costs to site amenities are estimated using data on nearly 70,000 visitors to Ohio State Parks from 1997 to 2002. The results suggest substantial changes in recreational values over time. Effects are estimated to show the importance of capturing changes in the hedonic prices.

Keywords: Research; Methods/; Statistical; Methods (search for similar items in EconPapers)
Pages: 27
Date: 2004
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Persistent link: https://EconPapers.repec.org/RePEc:ags:aaea04:20165

DOI: 10.22004/ag.econ.20165

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