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| Busch, Christopher B.; Hanemann, W. Michael. |
| This paper explores the impact on beach attendance of beach closures and the intersite and intertemporal substitution that may follow beach closures. A model of beach attendance is developed that builds on a model constructed by Paul Ruud to support the State of California's claim to damages after the American Trader oil spill off the coast of Orange County, southern California. Newly gathered data on beach closures is combined with data on daily attendance from 1985-1993. Variables are constructed to test for intersite substitution (the shifting of beach recreation in space, i.e. from a closed beach to another beach) and intertemporal substitution (the shifting of demand for recreation at a particular beach over time). The method of non-linear least... |
| Tipo: Working or Discussion Paper |
Palavras-chave: Environmental Economics and Policy; Research Methods/ Statistical Methods. |
| Ano: 2001 |
URL: http://purl.umn.edu/6865 |
