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The impact of economic recession on outdoor recreation demand: an application of the travel cost method in Greece

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  • Dionysis Latinopoulos

Abstract

This paper uses a travel cost method in order to assess the impact of economic recession on the demand for outdoor recreational services, for the case of a protected riparian ecosystem. For this purpose, two travel cost surveys were conducted in Paranesti (located in Northern Greece) in 2009 and 2010 (i.e. before and during the economic recession in Greece). The final results show a significant divergence between the two surveys due to the changing economic conditions. Expected trips to the reference area and consumer surplus estimates are both decreased in 2010 by approximately 15--25%, indicating a significant change of travel behaviour in a relatively short-time period.

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  • Dionysis Latinopoulos, 2014. "The impact of economic recession on outdoor recreation demand: an application of the travel cost method in Greece," Journal of Environmental Planning and Management, Taylor & Francis Journals, vol. 57(2), pages 254-272, February.
    • Handle: RePEc:taf:jenpmg:v:57:y:2014:i:2:p:254-272
    DOI: 10.1080/09640568.2012.738602
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    Cited by:

    1. Rubén Pérez-Álvarez & Saúl Torres-Ortega & Pedro Díaz-Simal & Raúl Husillos-Rodríguez & Julio Manuel De Luis-Ruiz, 2016. "Economic Valuation of Mining Heritage from a Recreational Approach: Application to the Case of El Soplao Cave in Spain (Geosite UR004)," Sustainability, MDPI, vol. 8(2), pages 1-15, February.
    2. Renato Perez Loyola & Erda Wang & Nannan Kang, 2021. "Economic valuation of recreational attributes using a choice experiment approach: An application to the Galapagos Islands," Tourism Economics, , vol. 27(1), pages 86-104, February.
    3. Ifigenia Kagalou & Dionissis Latinopoulos, 2020. "Filling the Gap between Ecosystem Services Concept and River Basin Management Plans: The Case of Greece in WFD 20+," Sustainability, MDPI, vol. 12(18), pages 1-15, September.
    4. Agus Purwoko & Dodik Ridho Nurrochmat & Meti Ekayani & Syamsu Rijal & Herlina Leontin Garura, 2022. "Examining the Economic Value of Tourism and Visitor Preferences: A Portrait of Sustainability Ecotourism in the Tangkahan Protection Area, Gunung Leuser National Park, North Sumatra, Indonesia," Sustainability, MDPI, vol. 14(14), pages 1-14, July.
    5. Nannan Kang & Erda Wang & Yang Yu, 2019. "Valuing forest park attributes by giving consideration to the tourist satisfaction," Tourism Economics, , vol. 25(5), pages 711-733, August.
    6. Ioannis Souliotis & Nikolaos Voulvoulis, 2021. "Natural Capital Accounting Informing Water Management Policies in Europe," Sustainability, MDPI, vol. 13(20), pages 1-24, October.

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