A Comparison of Recreation and Amenity Values in the Lake Erie Basin
Project Number: R/ME-024, Progress Report
Start Date: 3/1/2001
Completion Date: 2/28/2003
Revision Date: 8/26/2009
Classified Under: Coastal Tourism Development
| Principal Investigator(s) | 1. | Brent Sohngen, Agricultural Economics The Ohio State University* |
| Co-Principal Investigator(s) | 2. | Leroy J. Hushak, Agricultural Economics and Rural Sciences The Ohio State University* |
| This shows the current affiliation and may not match affiliation at time of participation. * | ||
Funding Record
| Source: Ohio Sea Grant College Program | |||
| Source Fund | State Match | Pass Through | |
| First Year | $ 39,694.00 | $ 22,728.00 | $ 0.00 |
| Second Year | $ 43,298.00 | $ 21,952.00 | $ 0.00 |
| Total | $ 82,993.00 | $ 47,287.00 | $ 0.00 |
Objectives
To estimate the value of a day of beach recreation and boating in the Lake Erie basin
To estimate the value of infra-structural amenities in the Lake Erie basin over four years
To produce information that can be used by public policy makers and recreational resources managers in public decisions
Abstract
A second set of questions revolves around increasing the number of estimates available for policy makers for different recreational choices, including recreational boating and infrastructural amenities. Currently there is little information available on recreational boating in Ohio's portion of Lake Erie. This study proposes to use a recently collected data set on over 2000 registered Ohio boaters to investigate the value of recreational boating in this region (Hushak, 1999). The study also proposes to use a dataset of Ohio State Park visitors collected by the Ohio Department of Natural Resources to estimate the value of infrastructural amenities at State Parks within the Lake Erie basin, and the stability of these estimates over time. To our knowledge, this dataset has not been employed for these purposes to date.
Rationale
Methodology
Objective 3 relies on both hedonic pricing techniques and random utility models to estimate the marginal value of site amenities at Ohio State Parks in the Lake Erie basin. The data will be derived from an Ohio Department of Natural Resources (ODNR) survey of recreationists at State Parks, and it will be supplemented with data collected by ODNR on site amenities. Four years of data are available to support estimate across time periods.
Benefits & Accomplishments
- Estimation of hedonic values for non market amenities at Ohio state parks for a four year period, 1997 - 2000. The resulting equations have been used to conduct welfare analysis on changes in amenity values over the four year time period, and changes in values arising from changes in infrastructure. While the analysis contains estimates for visitation to state parks throughout Ohio, the welfare analysis focuses on Lake Erie state parks.
- A model of multi-objective trips has been developed and estimated for beach visitors. The theoretical model expands upon traditional single day models of recreation value and it expands upon existing models that analyze the duration of trips. The empirical model uses data originally collected by Murray (1999; R/ME-19), but expands the analysis to include value for multiple day trips.
In addition to the thesis, the boating data collected by Hushak in 1999 has been analyzed and used for a travel cost model. This work continues with additional statistical analysis to be conducted. The results of this research will be compiled in a research paper.
Publications & Media
| Peer-reviewed Publications | |
| Yeh, C., T. Haab, B. Sohngen 2006, Modeling Multiple-Objective Recreation Trips with Choices over Trip Duration and Alternative Sites Environmental & Resource Economics. Made available by Ohio Sea Grant as OHSU-RS-282. | |
| Presentations | |
| Yeh, C., B Sohngen, T. Haab. 2001, Single Versus Multiple Objective Recreation Trips: A Split-Sample Multi-Site Analysis Selected Paper presented at the Annual Meetings of the American Agricultural Economics Association, Chicago, IL, August. | |
| Yeh, C., B. Sohngen, T. Haab. 2002, Modeling Multiple-Objective Recreation Trips With Choices Over Trip Duration And Alternative Sites Selected paper presented at the World Congress of Environmental and Resource Economists, Monterrey, CA. June. | |
Supported Students
| Chia-Yu Yeh (Graduate, Ph.D.) The Ohio State University Title: Three Econometric Applications of Non-Market Valuation |
