Eres : Digital Library : Works

Paper eres2001_146:
Restoring Port Areas for Recreation Purposes: A contingent Valuation Study

id eres2001_146
authors Del Saz-Salazar, Salvador; García-Menendez, Leandro
year 2001
title Restoring Port Areas for Recreation Purposes: A contingent Valuation Study
source 8th European Real Estate Society Conference (26-29 June 2001) Alicante, Spain
summary In this paper, the Contingent Valuation Method (CVM) is applied in order to measure the social benefits derived from the restoring of some port areas for recreation purposes in the City of Castellón (Spain). As the data show a high rate of zero responses we have applied the Spike model, one of the most recent models in CVM literature, since traditional models (Logit and Probit) are not suitable due to the characteristics of our data. The results show that the willingness to pay is significantly correlated to income, age (negatively), the expected use of the new recreation facilities and the subjective value given to the whole project.
keywords Contingent Valuation Method; environmental and urban improvements; Spike model; aggregation
series ERES:conference
content file.pdf (59,614 bytes)
discussion No discussions. Post discussion ...
ratings
session Leisure and real estate
last changed 2009/07/10 18:07
HOMELOGIN (you are user _anon_808612 from group guest) Powered by SciX Open Publishing Services 1.002