Creel, Michael; Farell, Montserrat - In: Investigaciones Economicas 32 (2008) 1, pp. 5-25
We present results on the use and valuation of parks and natural areas in Catalonia. A structural random utility model is used to estimate utility per recreational trip, and a reduced form model is used to estimate the number of trips. The two together give an estimate of the overall flow of...