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Estimating Social Welfare Using Count Data Models: An Application to Long-Run Recreation Demand Under Conditions of Endogenous Stratification and Truncation
This study found that surveys that directly extrapolate the number of times an individual person visits a trail to the general population will significantly overstate the future trail use. Care must be taken to account for the differences between those interviewed at the trailhead and the rest of the population.
Citation
Englin, J. and J. Shonkwiler. 1995. “Estimating social welfare using count data models: an application to long-run recreation demand under conditions of endogenous stratification and truncation.” The Review of Economics and Statistics 77(1): 104-112.
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Outdoor Recreation Net Benefits of Rail-Trails
Benefit
Region
Year
This study found that trail users are willing to incur greater expenses and travel further to use rural trails, and spend more time on those trails while they are there, indicating these trails are enjoyed by both locals and non-locals. Urban trails, on the other hand, are mainly a resource for local residents, and are…
Citation
Siderelis, C. and R. Moore. 1995. “Outdoor recreation net benefits of rail-trails.” Journal of Leisure Research 27(4): 344-359.
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The Economic Value of Hiking: Further Considerations of Opportunity Cost of Time in Recreational Demand Models
This study found that hikers were willing to travel on average over four hours to visit the Grandfather Mountain Wilderness Preserve and its trail system, and did so five times per year. Although this study is old, it is one of the few with values specifically for a day of hiking, particularly in the southern…
Citation
Casey, J., T. Vukina, and L. Danielson. 1995. “The Economic Value of Hiking: Further Considerations of Opportunity Cost of Time in Recreational Demand Models.” Journal of Agricultural and Applied Economics 27(2): 658-668.