Signals or noise? Explaining the variation in recreation benefit estimates
This paper uses meta analysis to summarize the benefit estimates derived from travel cost recreation demand models. After reviewing approximately 200 published and unpublished studies prepared from 1970 to 1986, 77 were found to report either consumer surplus estimates or sufficient information to d...
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| Veröffentlicht in: | American journal of agricultural economics 1990-05, Vol.72 (2), p.419-433 |
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| container_title | American journal of agricultural economics |
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| creator | Smith, V.K. (North Carolina State University) Kaoru, Y |
| description | This paper uses meta analysis to summarize the benefit estimates derived from travel cost recreation demand models. After reviewing approximately 200 published and unpublished studies prepared from 1970 to 1986, 77 were found to report either consumer surplus estimates or sufficient information to derive them. Using these estimates of the consumer surplus per unit of use from each study, it was possible to evaluate the influence of variables describing the site characteristics, the activities undertaken at each site, the behavioral assumptions, and the specification decisions. The findings provide clear support for using econometric methods to summarize results from diverse empirical studies. They highlight the important research issues in model development and offer a consistency check to the procedures used in benefit transfer analyses for policy evaluations. |
| doi_str_mv | 10.2307/1242344 |
| format | Article |
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Explaining the variation in recreation benefit estimates</title><source>Oxford University Press Journals Digital Archive Legacy</source><source>Periodicals Index Online</source><source>EBSCOhost Business Source Complete</source><source>JSTOR Archive Collection A-Z Listing</source><source>EZB-FREE-00999 freely available EZB journals</source><creator>Smith, V.K. (North Carolina State University) ; Kaoru, Y</creator><creatorcontrib>Smith, V.K. (North Carolina State University) ; Kaoru, Y</creatorcontrib><description>This paper uses meta analysis to summarize the benefit estimates derived from travel cost recreation demand models. After reviewing approximately 200 published and unpublished studies prepared from 1970 to 1986, 77 were found to report either consumer surplus estimates or sufficient information to derive them. 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They highlight the important research issues in model development and offer a consistency check to the procedures used in benefit transfer analyses for policy evaluations.</description><identifier>ISSN: 0002-9092</identifier><identifier>EISSN: 1467-8276</identifier><identifier>DOI: 10.2307/1242344</identifier><language>eng</language><publisher>Menasha, Wis: Oxford University Press</publisher><subject>AIRE DE LOISIR ; CONSOMMATION ; Consumer surplus ; Consumers ; CONSUMO ; Cost estimation models ; COSTOS ; COUT ; Economic benefits ; Economic models ; Economic value ; Estimators ; EXCEDENT ; EXCEDENTES ; meta analysis ; MODELE ; Modeling ; MODELOS ; Noise ; Recreation ; Recreation demand ; Surplus ; Travel expenses ; ZONAS RECREATIVAS</subject><ispartof>American journal of agricultural economics, 1990-05, Vol.72 (2), p.419-433</ispartof><rights>Copyright 1990 American Agricultural Economics Association</rights><rights>1990 Agricultural and Applied Economics Association</rights><lds50>peer_reviewed</lds50><woscitedreferencessubscribed>false</woscitedreferencessubscribed><citedby>FETCH-LOGICAL-c5594-6cfc7658a00d397a22d04c9288b4648d09631cd8aa7faff159976cf06a6ae5f93</citedby></display><links><openurl>$$Topenurl_article</openurl><openurlfulltext>$$Topenurlfull_article</openurlfulltext><thumbnail>$$Tsyndetics_thumb_exl</thumbnail><linktopdf>$$Uhttps://www.jstor.org/stable/pdf/1242344$$EPDF$$P50$$Gjstor$$H</linktopdf><linktohtml>$$Uhttps://www.jstor.org/stable/1242344$$EHTML$$P50$$Gjstor$$H</linktohtml><link.rule.ids>314,780,784,803,27869,27924,27925,58017,58250</link.rule.ids></links><search><creatorcontrib>Smith, V.K. (North Carolina State University)</creatorcontrib><creatorcontrib>Kaoru, Y</creatorcontrib><title>Signals or noise? Explaining the variation in recreation benefit estimates</title><title>American journal of agricultural economics</title><addtitle>American Journal of Agricultural Economics</addtitle><description>This paper uses meta analysis to summarize the benefit estimates derived from travel cost recreation demand models. After reviewing approximately 200 published and unpublished studies prepared from 1970 to 1986, 77 were found to report either consumer surplus estimates or sufficient information to derive them. Using these estimates of the consumer surplus per unit of use from each study, it was possible to evaluate the influence of variables describing the site characteristics, the activities undertaken at each site, the behavioral assumptions, and the specification decisions. The findings provide clear support for using econometric methods to summarize results from diverse empirical studies. They highlight the important research issues in model development and offer a consistency check to the procedures used in benefit transfer analyses for policy evaluations.</description><subject>AIRE DE LOISIR</subject><subject>CONSOMMATION</subject><subject>Consumer surplus</subject><subject>Consumers</subject><subject>CONSUMO</subject><subject>Cost estimation models</subject><subject>COSTOS</subject><subject>COUT</subject><subject>Economic benefits</subject><subject>Economic models</subject><subject>Economic value</subject><subject>Estimators</subject><subject>EXCEDENT</subject><subject>EXCEDENTES</subject><subject>meta analysis</subject><subject>MODELE</subject><subject>Modeling</subject><subject>MODELOS</subject><subject>Noise</subject><subject>Recreation</subject><subject>Recreation demand</subject><subject>Surplus</subject><subject>Travel expenses</subject><subject>ZONAS RECREATIVAS</subject><issn>0002-9092</issn><issn>1467-8276</issn><fulltext>true</fulltext><rsrctype>article</rsrctype><creationdate>1990</creationdate><recordtype>article</recordtype><sourceid>K30</sourceid><recordid>eNp1kEtLAzEUhYMoWKu4FxcDLlyN5v1YSS31hSJYBXET4jSpqeOkJlMf_97IiAXB1eVyvnMu9wCwjeABJlAcIkwxoXQF9BDlopRY8FXQgxDiUkGF18FGSrO8QqRkD1yM_bQxdSpCLJrgkz0qRh_z2vjGN9OifbLFm4netD40hW-KaKtou-3RNtb5trCp9S-mtWkTrLmcZLd-Zh_cnYxuh2fl5fXp-XBwWVaMKVryylWCM2kgnBAlDMYTSCuFpXyknMoJVJygaiKNEc44h5hSInsgN9xY5hTpg_0udx7D6yKf1y8-VbauTWPDImlJFMYISZrJvT_kLCzi97saYcUZQ5SJZV4VQ0rROj2P-aP4qRHU35Xqn0ozCTvy3df28z9MDy4Go6Vlt7PMUhvi0vIrl53sU2s_fmUTnzUXRDB9dv-gGTke37ArpYeZ3-l4Z4I20-iTvhsrSGRuiXwBji-Vdw</recordid><startdate>199005</startdate><enddate>199005</enddate><creator>Smith, V.K. 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Explaining the variation in recreation benefit estimates</title><author>Smith, V.K. (North Carolina State University) ; Kaoru, Y</author></sort><facets><frbrtype>5</frbrtype><frbrgroupid>cdi_FETCH-LOGICAL-c5594-6cfc7658a00d397a22d04c9288b4648d09631cd8aa7faff159976cf06a6ae5f93</frbrgroupid><rsrctype>articles</rsrctype><prefilter>articles</prefilter><language>eng</language><creationdate>1990</creationdate><topic>AIRE DE LOISIR</topic><topic>CONSOMMATION</topic><topic>Consumer surplus</topic><topic>Consumers</topic><topic>CONSUMO</topic><topic>Cost estimation models</topic><topic>COSTOS</topic><topic>COUT</topic><topic>Economic benefits</topic><topic>Economic models</topic><topic>Economic value</topic><topic>Estimators</topic><topic>EXCEDENT</topic><topic>EXCEDENTES</topic><topic>meta analysis</topic><topic>MODELE</topic><topic>Modeling</topic><topic>MODELOS</topic><topic>Noise</topic><topic>Recreation</topic><topic>Recreation demand</topic><topic>Surplus</topic><topic>Travel expenses</topic><topic>ZONAS RECREATIVAS</topic><toplevel>peer_reviewed</toplevel><toplevel>online_resources</toplevel><creatorcontrib>Smith, V.K. 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(North Carolina State University)</au><au>Kaoru, Y</au><format>journal</format><genre>article</genre><ristype>JOUR</ristype><atitle>Signals or noise? Explaining the variation in recreation benefit estimates</atitle><jtitle>American journal of agricultural economics</jtitle><addtitle>American Journal of Agricultural Economics</addtitle><date>1990-05</date><risdate>1990</risdate><volume>72</volume><issue>2</issue><spage>419</spage><epage>433</epage><pages>419-433</pages><issn>0002-9092</issn><eissn>1467-8276</eissn><abstract>This paper uses meta analysis to summarize the benefit estimates derived from travel cost recreation demand models. After reviewing approximately 200 published and unpublished studies prepared from 1970 to 1986, 77 were found to report either consumer surplus estimates or sufficient information to derive them. Using these estimates of the consumer surplus per unit of use from each study, it was possible to evaluate the influence of variables describing the site characteristics, the activities undertaken at each site, the behavioral assumptions, and the specification decisions. The findings provide clear support for using econometric methods to summarize results from diverse empirical studies. They highlight the important research issues in model development and offer a consistency check to the procedures used in benefit transfer analyses for policy evaluations.</abstract><cop>Menasha, Wis</cop><pub>Oxford University Press</pub><doi>10.2307/1242344</doi><tpages>15</tpages></addata></record> |
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| ispartof | American journal of agricultural economics, 1990-05, Vol.72 (2), p.419-433 |
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| language | eng |
| recordid | cdi_proquest_miscellaneous_839221184 |
| source | Oxford University Press Journals Digital Archive Legacy; Periodicals Index Online; EBSCOhost Business Source Complete; JSTOR Archive Collection A-Z Listing; EZB-FREE-00999 freely available EZB journals |
| subjects | AIRE DE LOISIR CONSOMMATION Consumer surplus Consumers CONSUMO Cost estimation models COSTOS COUT Economic benefits Economic models Economic value Estimators EXCEDENT EXCEDENTES meta analysis MODELE Modeling MODELOS Noise Recreation Recreation demand Surplus Travel expenses ZONAS RECREATIVAS |
| title | Signals or noise? Explaining the variation in recreation benefit estimates |
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