THE ECONOMETRICS OF NON-MARKET VALUATION
PLEASE NOTE: The data and programs on this page are for teaching and demonstration programs only. Any other uses of the data without prior approval of the authors of the data is prohibited.
We thank Brent Sohngen for making this data available to us. The Lake Erie data is used in examples in Chapters 7. A description of the data can be found on page 179.
The data is in an excel file entitled lakeerie.xls.
Chapter 7 LIMDEP (7.0) program (lakeerie_ch7.lim) and project file (lakeerie_ch7.lpj) (Thanks to Soo-Il Kim, Ohio State University for this program).
There are 223 observations on 4 variables. They are:
TRIPS: Trips to Maumee Bay State Park Beach (on Lake Erie, Ohio) in 1996
TCMB: Round-trip travel costs plus monetary value of travel time to Maumee Bay.
TCSUB: Round-trip travel costs plus monetary value of travel to nearest substitute beach.
Y10000: Household income in $10,000.