Abstract
We consider the convergent validity of several demand models using beach recreation data. Two models employ multiple site data: a count data demand system model and the Kuhn–Tucker demand system model. We explore the role of existing variation in beach width in explaining trip choices, and analyze a hypothetical 100 foot increase in beach width. We compare these models to a single equation model where we jointly estimate revealed and stated preference trip data, and focus on a hypothetical scenario considering a 100 foot increase in beach width. In each case we develop estimates of the change in beach visits and the welfare impacts from the increase in width. The trip change estimates from two of the three models are similar and convergent valid, though the willingness to pay estimates differ in magnitude.
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We thank Ju-Chin Huang, two journal referees, and seminar participants at Appalachian State University, University of Delaware, University of Nevada—Las Vegas, University of South Carolina and the National Center for Environmental Economics (USEPA) for many helpful comments on an earlier version of this paper. A previous version of this paper was presented at the 2007 American Agricultural Economic Association Meetings in Portland, OR. This research was partially supported by The US Army Corps of Engineers, Wilmington District, under terms of Contract Number DACW54-03-C-0008.
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Whitehead, J.C., Phaneuf, D.J., Dumas, C.F. et al. Convergent Validity of Revealed and Stated Recreation Behavior with Quality Change: A Comparison of Multiple and Single Site Demands. Environ Resource Econ 45, 91–112 (2010). https://doi.org/10.1007/s10640-009-9307-3
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DOI: https://doi.org/10.1007/s10640-009-9307-3