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Discrete choice models generate welfare measures resulting from environmental quality changes on a per trip basis instead of over a longer, more policy-relevant time period. Seasonal or annual welfare measures resulting from a quality change are often computed by multiplying each individual′s...
Persistent link: https://www.econbiz.de/10012998318
In this chapter we took a broad look at American participation in on-farm recreation. While further analysis is in order, it does seem that visiting farms, either as a primary purpose of a trip or as part of a rural sightseeing outing, is a popular activity. We estimate that over 60 million...
Persistent link: https://www.econbiz.de/10012998319
In this paper we measure the recreational economic benefits of the for-hire recreational fishery in the coastal region of North Carolina. We estimate a single trip random utility model for primary purpose and secondary purpose anglers with data from a field survey of charter and head-boat...
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The opportunity Value of Travel Time (VTT) is one of the most important parts of the total cost of recreation day-trips and arguably the most difficult to estimate. Most studies build upon the theoretical framework proposed by Becker's (1965) by using a combination of revealed and stated...
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The 2011 Great East Japan Earthquake hereafter, 'the Earthquake' and the accident involving radiation leakage at Tokyo Electric Power Company fs Fukushima Nuclear Power Plant No. 1 hereafter, 'NPP No. 1' brought fame to Fukushima Prefecture but not in a positive way. In general, economic damage...
Persistent link: https://www.econbiz.de/10011482386
Fishing tournaments are a common feature in recreational angling across a wide range of target species both in fresh and salt waters. Tournaments are organised for a number of purposes, including as commercial enterprises; as fund-raising initiatives for angling clubs; for economic development...
Persistent link: https://www.econbiz.de/10011561045
The opportunity Value of Travel Time (VTT) is one of the most important parts of the total cost of recreation day-trips and arguably the most difficult to estimate. Most studies build upon the theoretical framework proposed by Becker's (1965) by using a combination of revealed and stated...
Persistent link: https://www.econbiz.de/10009611637