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Estimating Revenue-Capture Potential Associated With Public Area Recreation

Author

Listed:
  • Teasley, R. Jeff
  • Bergstrom, John C.
  • Cordell, H. Ken
Abstract
A traditional contingent valuation approach and the "trip response method" were examined as potential techniques for measuring public area recreation revenue-capture potential. Empirical results suggest that both methods are useful for assessing revenue-capture potential. Additional research on alternative methods for assessing recreation revenue-capture potential is encouraged.

Suggested Citation

  • Teasley, R. Jeff & Bergstrom, John C. & Cordell, H. Ken, 1994. "Estimating Revenue-Capture Potential Associated With Public Area Recreation," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 19(1), pages 1-13, July.
    • Handle: RePEc:ags:jlaare:31236
    DOI: 10.22004/ag.econ.31236
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    References listed on IDEAS

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    1. Bergstrom, John C. & Stoll, John R., 1989. "Application Of Experimentatal Economics Concepts And Precepts To Cvm Field Survey Procedures," Western Journal of Agricultural Economics, Western Agricultural Economics Association, vol. 14(1), pages 1-12, July.
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    3. McConnell, K. E., 1990. "Models for referendum data: The structure of discrete choice models for contingent valuation," Journal of Environmental Economics and Management, Elsevier, vol. 18(1), pages 19-34, January.
    4. Reiling, Stephen D. & Boyle, Kevin J. & Cheng, Hsiang-Tai & Phillips, Marcia L., 1989. "Contingent Valuation Of A Public Program To Control Black Flies," Northeastern Journal of Agricultural and Resource Economics, Northeastern Agricultural and Resource Economics Association, vol. 18(2), pages 1-9, October.
    5. Boyle, Kevin J. & Welsh, Michael P. & Bishop, Richard C., 1988. "Validation of empirical measures of welfare change: comment," MPRA Paper 31237, University Library of Munich, Germany.
    6. Bergstrom, John C. & Stoll, John R. & Titre, John P. & Wright, Vernon L., 1990. "Economic value of wetlands-based recreation," Ecological Economics, Elsevier, vol. 2(2), pages 129-147, June.
    7. Cameron, Trudy Ann, 1988. "A new paradigm for valuing non-market goods using referendum data: Maximum likelihood estimation by censored logistic regression," Journal of Environmental Economics and Management, Elsevier, vol. 15(3), pages 355-379, September.
    8. John Loomis, 1993. "An investigation into the reliability of intended visitation behavior," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 3(2), pages 183-191, April.
    9. Sellar, Christine & Chavas, Jean-Paul & Stoll, John R., 1986. "Specification of the logit model: The case of valuation of nonmarket goods," Journal of Environmental Economics and Management, Elsevier, vol. 13(4), pages 382-390, December.
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    Cited by:

    1. Bowker, James Michael & English, Donald B.K. & Donovan, Jason A., 1996. "Toward A Value For Guided Rafting On Southern Rivers," Journal of Agricultural and Applied Economics, Southern Agricultural Economics Association, vol. 28(2), pages 1-10, December.
    2. Huhtala, Anni & Pouta, Eija, 2008. "User fees, equity and the benefits of public outdoor recreation services," Journal of Forest Economics, Elsevier, vol. 14(2), pages 117-132, April.
    3. Bergstrom, John C. & Dorfman, Jeffrey H. & Loomis, John B., 2003. "Estuary Management And Recreational Fishing Benefits," Faculty Series 16694, University of Georgia, Department of Agricultural and Applied Economics.
    4. Mataria, Awad & Donaldson, Cam & Luchini, Stephane & Moatti, Jean-Paul, 2004. "A stated preference approach to assessing health care-quality improvements in Palestine: from theoretical validity to policy implications," Journal of Health Economics, Elsevier, vol. 23(6), pages 1285-1311, November.
    5. Carson, Richard T. & DeShazo, J.R. & Schwabe, Kurt A. & Vincent, Jeffrey R. & Ahmad, Ismariah, 2015. "Incorporating local visitor valuation information into the design of new recreation sites in tropical forests," Ecological Economics, Elsevier, vol. 120(C), pages 338-349.
    6. Choong-Ki Lee & James W. Mjelde & Tae-Kyun Kim, 2013. "Estimating the Effects of Different Admission Fees on Revenues for a Mega-Event Using a Contingent Valuation Method," Tourism Economics, , vol. 19(1), pages 147-159, February.
    7. Souter, Ray A. & Bowker, James Michael, 1996. "A Note On Nonlinearity Bias And Dichotomous Choice Cvm: Implications For Aggregate Benefits Estimation," Agricultural and Resource Economics Review, Northeastern Agricultural and Resource Economics Association, vol. 25(1), pages 1-6.

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