Modeling Recreation Demand When the Access Point Is Unknown
Yongjie Ji,
Joseph Herriges and
Catherine Kling
ISU General Staff Papers from Iowa State University, Department of Economics
Abstract:
Not observing where an individual enters a geographically large recreation area complicates the task of modeling recreation demand. Traditionally, analysts have arbitrarily defined distances on the basis of the midpoint of a river or beach segment or on the basis of the nearest access point. In this article, we draw on the aggregation literature to generate a consistent framework for incorporating information on site characteristics and travel costs gathered at a finer level than that used to obtain trip counts. We use Monte Carlo experiments to illustrate the performance of the traditional midpoint and nearest access point approximations. Our results suggest that, while the nearest access point approach often provides a good approximation to underlying preferences, use of the midpoint approach can lead to significant bias in the travel cost parameter and corresponding welfare calculations. Finally, we use our approach to model recreation demand for the major river systems in Iowa using data from the 2009 Iowa Rivers and River Corridors Survey.
Date: 2016-02-15
New Economics Papers: this item is included in nep-env
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3)
Downloads: (external link)
https://dr.lib.iastate.edu/server/api/core/bitstre ... bce62d7d2cbe/content
Related works:
Journal Article: Modeling Recreation Demand When the Access Point Is Unknown (2016)
Working Paper: Modeling Recreation Demand When the Access Point Is Unknown (2016)
Working Paper: Modeling Recreation Demand when the Access Point is Unknown (2013)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:isu:genstf:201602150800001559
Access Statistics for this paper
More papers in ISU General Staff Papers from Iowa State University, Department of Economics Iowa State University, Dept. of Economics, 260 Heady Hall, Ames, IA 50011-1070. Contact information at EDIRC.
Bibliographic data for series maintained by Curtis Balmer ().