Estimating water quality benefits: an econometric analysis.

V. K. Smith, W. H. Desvousges, M. P. McGivney

Research output: Contribution to journalArticle

21 Scopus citations

Abstract

Presents a generalized demand model for recreation sites that permits an evaluation of the recreation benefits associated with changes in the water quality designations assigned to specific sites. Extends the Vaughan-Russell work in two respects. First, it provides a theoretical basis for a varying parameter, travel cost demand model for recreation sites. In addition, the model permits the estimation of recreation benefits from improving any one of the characteristics of an individual recreation site. Uses a survey of residents of the Monongahela River valley in Pennsylvania to illustrate the potential uses of the model by measuring the benefits associated with alternative use designations for 13 recreational sites along the river.-from Authors

Original languageEnglish (US)
Pages (from-to)422-437
Number of pages16
JournalSouthern Economic Journal
Volume50
Issue number2
DOIs
StatePublished - Jan 1 1983

ASJC Scopus subject areas

  • Economics and Econometrics

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    Smith, V. K., Desvousges, W. H., & McGivney, M. P. (1983). Estimating water quality benefits: an econometric analysis. Southern Economic Journal, 50(2), 422-437. https://doi.org/10.2307/1058216