Kuhn-Tucker Estimation of Recreation Demand – A Study of Temporal Stability

Subhra Bhattacharjee, Catherine Kling and Joseph Herriges

No 49408, 2009 Annual Meeting, July 26-28, 2009, Milwaukee, Wisconsin from Agricultural and Applied Economics Association

Abstract: The paper examines the Kuhn Tucker model in the context of estimating recreation demand when the choice set it very large. It examines the temporal stability of parameter estimates using multiple years of data on trips to 127 lakes in Iowa made by households in Iowa. The study finds that for the given dataset, the estimates derived from a Kuhn-Tucker model are largely stable over time.

Keywords: Environmental; Economics; and; Policy (search for similar items in EconPapers)
Pages: 11
Date: 2009
New Economics Papers: this item is included in nep-env and nep-tur
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Citations: View citations in EconPapers (3)

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Persistent link: https://EconPapers.repec.org/RePEc:ags:aaea09:49408

DOI: 10.22004/ag.econ.49408

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