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Visitors' Preferences for Freshwater Amenity Characteristics: Implications from the U.S. Household Survey

Authors :
Ramesh Ghimire
Gary T. Green
Krishna P. Paudel
Neelam C. Poudyal
H. Ken Cordell
Source :
Journal of Agricultural and Resource Economics, Vol 42, Iss 1, Pp 90-113 (2017)
Publication Year :
2017
Publisher :
Western Agricultural Economics Association, 2017.

Abstract

We employed spectral analysis of completely ranked U.S. household survey data on freshwater recreation to understand visitorsÕ preferences for freshwater amenity characteristicsÑcloseness, water quality, wildlife, and sizeÑand used rank-ordered and multinomial logit models to identify factors affecting their ranking choices. Spectral analysis of amenity characteristics reveals that closeness is the most preferred amenity characteristic and that the combination of closeness and size is the most preferred combination of amenity characteristics in freshwater recreation. Results from the rank-ordered and multinomial logit models suggest that amenity characteristics choices vary significantly among visitors based on their activity choices and socioeconomic and demographic characteristics.

Details

Language :
English
ISSN :
10685502 and 23278285
Volume :
42
Issue :
1
Database :
Directory of Open Access Journals
Journal :
Journal of Agricultural and Resource Economics
Publication Type :
Academic Journal
Accession number :
edsdoj.0ad645e0eec94aa286d224bc65efcd8f
Document Type :
article
Full Text :
https://doi.org/10.22004/ag.econ.252757