The accuracy of environmental valuation studies relies, to a great extent, on the suitability of the proxy measures used to capture individuals' preferences. While important advances have been achieved in the last years concerning the characterization of the physical background in which recreational choices are made, Travel Cost Method applications have failed to consider the heterogeneity of landscape and the spatial configuration of land use. This paper presents an empirical application to forest recreation in Mallorca (Spain). implementing a random parameter logit model to evaluate in terms of goodness-of-fit, model predictions and welfare measurements the effects of environmental diversity on the recreational site-choice process.(C) 2009 Elsevier B.V. All rights reserved.
机构:Georgia State Univ, Andrew Young Sch Policy Studies, Dept Econ, Atlanta, GA 30303 USA
Pattanaik, PK
Xu, YS
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Georgia State Univ, Andrew Young Sch Policy Studies, Dept Econ, Atlanta, GA 30303 USAGeorgia State Univ, Andrew Young Sch Policy Studies, Dept Econ, Atlanta, GA 30303 USA
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Natl Univ Ireland, Socioecon Marine Res Unit, JE Cairnes Sch Business & Econ, Galway, IrelandNatl Univ Ireland, Socioecon Marine Res Unit, JE Cairnes Sch Business & Econ, Galway, Ireland
Doherty, Edel
Campbell, Danny
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Univ Stirling, Div Econ, Stirling FK9 4LA, ScotlandNatl Univ Ireland, Socioecon Marine Res Unit, JE Cairnes Sch Business & Econ, Galway, Ireland
Campbell, Danny
Hynes, Stephen
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Natl Univ Ireland, Socioecon Marine Res Unit, JE Cairnes Sch Business & Econ, Galway, IrelandNatl Univ Ireland, Socioecon Marine Res Unit, JE Cairnes Sch Business & Econ, Galway, Ireland
Hynes, Stephen
van Rensburg, Thomas M.
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Natl Univ Ireland, JE Cairnes Sch Business & Econ, Galway, IrelandNatl Univ Ireland, Socioecon Marine Res Unit, JE Cairnes Sch Business & Econ, Galway, Ireland