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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w14986 |
来源ID | Working Paper 14986 |
Short Run Constraints and the Increasing Marginal Value of Time in Recreation | |
Raymond B. Palmquist; Daniel J. Phaneuf; V. Kerry Smith | |
发表日期 | 2009-05-21 |
出版年 | 2009 |
语种 | 英语 |
摘要 | Leisure activities such as local recreation trips usually take place in discrete blocks of time that are surrounded by time devoted to other commitments. It can be costly to transfer time between blocks to allow for longer outings. These observations affect the value of time within those blocks and suggest that traditional methods for valuing time using labor markets miss important considerations. This paper presents a new model for time valuation that uses non-employment time commitments to infer the shadow value of time spent in recreation. A unique survey that elicited revealed and stated preference data on household time allocation is used to implement the model. The results support the conclusion that there is an increasing marginal value of time for recreation as the trip length increases. |
主题 | Microeconomics ; Households and Firms ; Labor Economics ; Labor Supply and Demand ; Environmental and Resource Economics ; Renewable Resources |
URL | https://www.nber.org/papers/w14986 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/572662 |
推荐引用方式 GB/T 7714 | Raymond B. Palmquist,Daniel J. Phaneuf,V. Kerry Smith. Short Run Constraints and the Increasing Marginal Value of Time in Recreation. 2009. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
w14986.pdf(215KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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