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Some Issues Concerning Specification and Interpretation of Outdoor Recreation Demand Models*

Published online by Cambridge University Press:  28 April 2015

Thomas A. Jennings  and
Kenneth C. Gibbs
Thomas A. Jennings
Affiliation:
University of Florida
Kenneth C. Gibbs
Affiliation:
University of Florida
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Extract

Some currently popular procedures for analyzing the demand for outdoor recreation makes use of ancillary travel and on-site expenditures of recreationists as proxy prices. It can yet regrettably be asked whether the estimates produced by those methods bear any resemblance to the market-equivalent price-quantity relationships they generally purport to quantify. To some unavoidable extent this results from the necessary reliance upon proxies, or surrogates, for both quantity and price data. The ultimate value of proxy variables and of estimated relationships between them lies in the extent to which they resemble useful concepts. Past research has been based largely on assumptions of the resemblance.

Type
Research Article
Information
Journal of Agricultural and Applied Economics , Volume 6 , Issue 1 , July 1974 , pp. 165 - 169
Copyright
Copyright © Southern Agricultural Economics Association 1974

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Footnotes

*

Florida Agricultural Experiment Station Journal Series No. 5433 under State Project AS-01623.

References

[1] Brown, William G., and Nawas, Farid. “Impact of Aggregation on the Estimation of Outdoor Recreation Demand Functions.” American Journal of Agricultural Economics, 55: 246–249, May 1973.CrossRefGoogle Scholar
[2] Clawson, Marion. Methods of Measuring the Demand for and Value of Outdoor Recreation. Resources for the Future Reprint No. 10. Washington, D.C: Resources for the Future, 1959.Google Scholar
[3] Clawson, Marion, and Knetsch, Jack L.. Economics of Outdoor Recreation. Baltimore: The Johns Hopkins Press, 1966.Google Scholar
[4] Edwards, J. A., Gibbs, K. C., Guedry, L. J., and Stoevener, H. H.. “The Demand for Outdoor Recreation in the Bend Ranger District, Deschutes National Forest, Oregon.” Paper presented at the Natural Environments Workshop, sponsored by Resources for the Future, Inc., at Missoula, Mont., Aug. 5-6, 1971. To be published by the Oregon Agricultural Experiment Station.Google Scholar
[5] Jennings, T.A., and Gibbs, K. C.. Demand Estimates and Fee Policies for Camping at Florida State Parks. University of Florida Agricultural Experiment Station Contributed Project No. 1623-1-A.Google Scholar
[6] Wilson, Robert R. “Demand Theory: Time Allocation and Outdoor Recreation.” Southern Journal of Agricultural Economics, 3: 103–108, Dec. 1971.Google Scholar