Environmental Economics

The Travel Cost Approach for Valuing Improved Water Quality: Additional Considerations

This report extends the research on the travel cost approach previously reported in A Comparison of Alternative Approaches for Estimating Recreation and Related Benefits of Water Quality Improvement. It extends that work by considering the role of recreation activities in the generalized travel cost model, developing a new estimator consistent with the limited dependent variable, and reporting several alternative measures of changes in consumer welfare. While the present report is a standalone volume, the reader is referred to the previous report for some of the detailed discussion on the travel cost approach.
The report is organized as follows:

    Chapter 1 INTRODUCTION, OBJECTIVES, AND SUMMARY
    2 THE CONCEPTUAL IMPLICATIONS OF RECREATION ACTIVITIES FOR THE TRAVEL COST MODEL
    3 DATA: SOURCES AND VARIABLE MEASURES
    4 THE U.S. ARMY CORPS OF ENGINEERS SITES
    5 THE REPRESENTATIVENESS OF THE DATA
    6 GENERALIZED TRAVEL COST MODEL: REVISED ESTIMATES
    7 ESTIMATING THE RECREATION BENEFITS OF WATER QUALITY IMPROVEMENTS
    8 BENEFITS VARIABILITY: AN EVALUATION
    Appendix A--The Varying Parameter Model: Some Background
    Appendix B--Benefit Estimates for Activity Mix Scenarios
    Appendix C--Regression Results for Activities as Functions of Site Characteristics
    Subject:
    1. Benefits Analysis
    1. Benefits Analysis - Valuation
    1. Benefits Analysis - Valuation - Revealed Preference
    1. Benefits Analysis - Valuation - Revealed Preference - Travel Cost
    Environmental Media:
    b. Water
    b. Water - Surface
    Authors:
    Desvousges, William H.
    Smith, V. Kerry
    EPA Project Officer/ Manager:
    Geographic Area:
    Study Purpose:
    Empirical Application, Methodology Development & Evaluation
    Inventory Record #: EE-0212
  • Participating Organizations

    Research Organization:

    Research Triangle InstituteAddress: P.O. 12194
    City: Research Triangle Park State: NC ZIP: 27709
    Phone: Fax:
    E-mail:
    Funding Organization:
    Environmental Protection Agency, Office of Policy, Planning and Evaluation, Office of Policy AnalysisAddress:
    City: Washington State: DC ZIP: 20460
    Phone: Fax:
    E-mail:
  • Report Details
    Type:
    Draft
    Date:
    09/01/1984
    Number of Pages:
    288
    Comment:
    Grant/Contract #:
    68-01-6596
  • How to Obtain Report


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    Date Linked: 05/28/2009