Skip to main content Accessibility help
×
Home

A Critical Review of the Travel Cost, Hedonic Travel Cost, and Household Production Models for Measurement of Quality Changes in Recreational Experiences

  • Darrell Hueth (a1) and Elizabeth J. Strong (a1)

Extract

This paper compares three recreation valuation techniques—the travel cost (TC), the hedonic travel cost (HTC), and the household production (HP) techniques—on the basis of their theoretical underpinnings, econometric and data considerations, and policy considerations. The major focus is on how these techniques can be used to evaluate the benefits to recreationists of changes in the quality of recreation sites. Bockstael and McConnell's (1981) formulation of the HP model for sport fishing is used in the following discussion. Other variants, such as the model used by Smith et al. (1983), are only briefly mentioned.

Copyright

References

Hide All
Bockstael, Nancy E. and McConnell, Kenneth E.Theory and Estimation of the Household Production Function for Wildlife Recreation.” Journal of Environmental Economics and Management 8 (1981):199214.
Bockstael, Nancy E. and McConnell, Kenneth E.Welfare Measurement in the Household Production Framework.” American Economic Review 73 (1983):806814.
Bowes, Michael D. and Loomis, John B.A Note on the Use of Travel Cost Models with Unequal Zonal Populations.” Land Economics 56 (1980):465470.
Brown, William G. and Nawas, Farid. “Impact of Aggregation on the Estimation of Outdoor Recreation Demand Equations.” American Journal of Agricultural Economics 55 (1973):246249.
Brown, William G., Sorhus, Colin, Chou-Yang, Bih-lian, and Richards, Jack A.Using Individual Observations to Estimate Recreation Demand Functions: A Caution.” American Journal of Agricultural Economics 65 (1983):154157.
Brown, William G. and Sorhus, Colin. “On Estimating Values of Sport-caught Fish with Application to Oregon Salmon and Steelhead.” Unpublished manuscript, 1981.
Deaton, Agnus and Muellbauer, John. Economics and Consumer Behavior. London: Cambridge University press, 1980.
Gum, Russell L. and Martin, William E.Problems and Solutions in Estimating the Demand for and Value of Rural Outdoor Recreation.” American Journal of Agricultural Economics 57 (1975):558566.
Muellbauer, John. “Household Production Theory, Quality, and the ‘Hedonic Technique’.” American Economic Review 64 (1974):977994.
Rosen, Sherwin. “Hedonic Prices and Implicit Markets: Product Differentiation in Pure Competition.” Journal of Political Economy 82 (1974):3455.
Smith, V. Kerry, Desvousges, William H., and McGivney, Matthew P.Estimating Water Quality Benefits: An Econometric Analysis.” Southern Economic Journal 50 (1983):422437.
Strong, Elizabeth J.Measuring Benefits of Outdoor Recreation Services: An Application of the Household Production Function Approach to the Oregon Steelhead Sport Fisher.” . Oregon State University, Corvallis, 1983.
Ward, Frank A.Some Considerations in the Specification of the Price Variable in Travel Cost Demand Models for Outdoor Recreation.” Unpublished manuscript.

Metrics

Full text views

Total number of HTML views: 0
Total number of PDF views: 0 *
Loading metrics...

Abstract views

Total abstract views: 0 *
Loading metrics...

* Views captured on Cambridge Core between <date>. This data will be updated every 24 hours.

Usage data cannot currently be displayed