The economics of outdoor recreation

Publisher Summary The economics of outdoor recreation deals with the supply of and demand for natural resources for recreational purposes. This chapter discusses the conceptual and empirical approaches, problems, and solutions encountered in applying economics to the provision of natural resources and explains the way in which the evolution of the economics of outdoor recreation has been influenced by the distinctive nature of markets for outdoor recreation. The distinctive characteristic of a recreational activity is that the services usually are provided by the public sector. This characteristic strongly favors the nature of research on outdoor recreation economics; it is welfare economics in action with the task of providing the public sector better information about the allocation of recreational resources. As a tool for analyzing decisions in the public sector, outdoor recreation economics has primarily become the study of the demand for outdoor recreation. Public sector decisions about natural resources tend to be lumpy—that is, whether to utilize a resource for a specific purpose such as recreation.

[1]  N. Bockstael,et al.  Calculating Equivalent and Compensating Variation for Natural Resource Facilities , 1980 .

[2]  W. Hanemann.  Measuring the worth of natural resource facilities: comment , 1980 .

[3]  J. Knetsch,et al.  Economics of outdoor recreation , 1967 .

[4]  Clifford S. Russell,et al.  Valuing a Fishing Day: An Application of a Systematic Varying Parameter Model , 1982 .

[5]  J. Heckman.  The Common Structure of Statistical Models of Truncation, Sample Selection and Limited Dependent Variables and a Simple Estimator for Such Models , 1976 .

[6]  Frank J. Cesario,et al.  Time Bias in Recreation Benefit Estimates , 1970 .

[7]  V. Smith,et al.  Congestion and participation in outdoor recreation: A household production function approach , 1978 .

[8]  Jon R. Miller,et al.  Determinants of Hunter Participation: Duck Hunting in the Mississippi Flyway , 1981 .

[9]  John F. Dwyer,et al.  Improved procedures for valuation of the contribution of recreation to national economic development , 1977 .

[10]  V. Smith,et al.  The opportunity cost of travel time in recreation demand models. , 1983 .

[11]  N. Bockstael,et al.  Welfare Measurement in the Household Production Framework , 1983 .

[12]  A. Haspel,et al.  Multiple Destination Trip Bias in Recreation Benefit Estimation , 1982 .

[13]  N. Bockstael,et al.  AGGREGATION IN RECREATION ECONOMICS: ISSUES OF ESTIMATION AND BENEFIT MEASUREMENT , 1984 .

[14]  W. Hanemann.  Applied Welfare Analysis with Qualitative Response Models , 1982 .

[15]  David S. Brookshire,et al.  Valuing Environmental Commodities: Some Recent Experiments , 1981 .

[16]  W. G. Brown,et al.  Impact of Aggregation on the Estimation of Outdoor Recreation Demand Functions , 1973 .

[17]  Berry Ives,et al.  Bidding games for valuation of aesthetic environmental improvements , 1974 .

[18]  C. Russell,et al.  Freshwater Recreational Fishing: The National Benefits of Water Pollution Control , 1982 .

[19]  Mary Jo Kealy,et al.  Contingent Valuation of Environmental Assets: Comparison with a Stimulated Market , 1983 .

[20]  R. G. Walsh,et al.  Congestion and willingness to pay for expansion of skiing capacity. , 1983 .

[21]  J. Loomis,et al.  A Note on the Use of Travel Cost Models with Unequal Zonal Populations: Comment , 1982 .

[22]  Robert D. Willig,et al.  Consumer's Surplus Without Apology , 1976 .

[23]  V. Smith,et al.  Congestion, quality deterioration, and optimal use: Wilderness recreation in the Spanish peaks primitive area , 1973 .

[24]  R. Kopp,et al.  THE SPATIAL LIMITS OF THE TRAVEL COST RECREATIONAL DEMAND MODEL , 1980 .

[25]  Richard C. Bishop,et al.  Measuring Values of Extramarket Goods: Are Indirect Measures Biased? , 1979 .

[26]  K. McConnell.  Some Problems in Estimating the Demand for Outdoor Recreation: Reply , 1975 .

[27]  Gardner M. Brown,et al.  The hedonic travel cost method. , 1984 .

[28]  W. G. Brown,et al.  An economic evaluation of the Oregon salmon and steelhead sport fishery , 1964 .

[29]  Frank J. Cesario,et al.  Value of time in recreation benefit studies. , 1976 .

[30]  Elizabeth J. Strong.  A Note on the Functional Form of Travel Cost Models with Zones of Unequal Populations , 1983 .

[31]  E. Morey.  The demand for site-specific recreational activities: A characteristics approach , 1981 .

[32]  O. R. Burt,et al.  Estimation of Net Social Benefits from Outdoor Recreation , 1971 .

[33]  W. E. Martin,et al.  Problems and Solutions in Estimating the Demand for and Value of Rural Outdoor Recreation , 1975 .

[34]  K. McConnell,et al.  An Analysis of Participation in Nonconsumptive Wildlife Recreation , 1979 .

[35]  Daniel R. Feenberg,et al.  Measuring the benefits of water pollution abatement , 1980 .

[36]  Richard C. Bishop,et al.  The Travel Cost Model for Lake Recreation: A Comparison of Two Methods for Incorporating Site Quality and Substitution Effects , 1986 .

[37]  R. Pollak,et al.  The Relevance of the Household Production Function and Its Implications for the Allocation of Time , 1975, Journal of Political Economy.

[38]  Jack L. Knetsch,et al.  Outdoor Recreation Demands and Benefits , 1963 .

[39]  N. Bockstael,et al.  Theory and estimation of the household production function for wildlife recreation , 1981 .

[40]  V K Smith,et al.  Travel Cost Demand Models for Wilderness Recreation: A Problem of Non-Nested Hypotheses , 1975 .

[41]  Ivar E. Strand,et al.  Measuring the Cost of Time in Recreation Demand Analysis: An Application to Sportfishing , 1981 .

[42]  D. Seckler.  On the Uses and Abuses of Economic Science in Evaluating Public Outdoor Recreation , 1966 .

[43]  A note on learning-by-doing and willingness-to-travel , 1977 .

[44]  W. Robinson.  The Simple Economics of Public Outdoor Recreation , 1967 .

[45]  W. G. Brown,et al.  Using Individual Observations to Estimate Recreation Demand Functions: A Caution , 1983 .

[46]  J. Knetsch,et al.  A recreation site demand and benefit estimation model , 1976 .

[47]  V. Kerry Smith,et al.  A GENERALIZED CONSUMER SURPLUS MEASURE: THE MINERAL KING CONTROVERSY , 1977 .

[48]  R. Carter Hill,et al.  Recreation Demand Equations: Functional Form and Consumer Surplus , 1980 .

[49]  J. Knetsch.  Economics of Including Recreation as a Purpose of Eastern Water Projects , 1964 .

[50]  Jean-Paul Chavas,et al.  Validation of Empirical Measures of Welfare Change: A Comparison of Nonmarket Techniques , 1985 .

[51]  John Hicks,et al.  A Revision of Demand Theory , 1957 .