Applying the Kuhn–Tucker model to estimate the value of recreational ecosystem services in Sicily
| Autor: | Maria De Salvo, Giovanni Signorello, Lea Nicita |
|---|---|
| Rok vydání: | 2015 |
| Předmět: |
Karush–Kuhn–Tucker conditions
media_common.quotation_subject Geography Planning and Development Population Management Monitoring Policy and Law Kuhn–Tucker model Ecosystem services 0502 economics and business Econometrics Economics Quality (business) 050207 economics education Recreation General Environmental Science Water Science and Technology media_common welfare analysis Fluid Flow and Transfer Processes education.field_of_study Welfare economics 05 social sciences Multilevel model recreation demand Value (economics) 050202 agricultural economics & policy Welfare |
| Zdroj: | Journal of Environmental Planning and Management. 59:1225-1237 |
| ISSN: | 1360-0559 0964-0568 |
| DOI: | 10.1080/09640568.2015.1064365 |
| Popis: | This paper applies the Kuhn–Tucker model to estimate recreation demand of parks in Sicily. We estimate a fixed coefficient specification and a random coefficient specification to take into account heterogeneity across visitors. Estimates suggest a diversity of preferences across the population and that parks with higher level of quality attributes are more likely to be visited. We also simulate two sets of hypothetical policy scenarios to evaluate and compare the recreational value of each park and the welfare impacts of changes in a quality attribute. |
| Databáze: | OpenAIRE |
| Externí odkaz: |
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