Lonnie L. Jones

Marginal Price of Lake Recreation and Aesthetics: An Hedonic Approach

Efficient allocation of water requires knowledge of waters value in both consumptive and nonconsumptive uses. This study estimates the marginal value of water in lake recreational and aesthetic (RA) use. An hedonic price equation (employing the Box-Cox functional form) indicates lake front location, distance to lake, and scenic view are significant RA characteristics of housing. Water front properties command a premium price for the private access they offer. Beyond the water front, the marginal RA price falls rapidly with increasing distance, becoming asymptotic to some minimum. Twenty-two percent of housing price is found to be attributable to the RA component.

Assessing the Economic Impact of Outdoor Recreation Travel to the Texas Gulf Coast

The purpose of this study was to estimate the economic impacts of outdoor recreation activity (specifically, sport fishing, hunting, picnicking, swimming, camping, pleasure boating and sightseeing) on the economies of the Texas Gulf Coast region and the state of Texas in the form of output, employment, income, and state and local tax revenues. The statewide Texas Gulf Coast economic impacts were estimated using the statewide expenditure data for the entire Texas Gulf Coast collected for this study and the 1986 Texas Input-Output Model developed for this study. The results of this analysis indicated that the total output impact during 1986 amounted to

Functional Form and Welfare Measures in Truncated Recreation Demand Models

1.19 billion for the Texas Gulf Coast and

A Typology of Retirement Places: a Community Analysis

1.91 billion for the state. The results also show that 59% of these impacts resulted from fishing-related travel to this area.

Public Service Delivery in Rural Areas: Problems and Decisions

This article examines the effect on welfare measures of functional form choice and sample truncation. A truncated general Box-Cox model is developed for discriminating between alternative truncated functional forms. The model is applied to the valuation of three Texas coastal recreation sites. Neither the truncated double-log nor the truncated semilog forms are appropriate for the truncated data used in the empirical analysis. Different functional forms yield different consumers surplus estimates when samples are truncated.

ECONOMIC IMPACTS OF IN-MIGRATING RETIREES ON LOCAL ECONOMIES

The paper delineates types of retirement communities by the features which attract retirees, the types of retirees attracted, the promotional campaigns used, the economic considerations involved and the potential problems faced by each type of community. Communities wishing to assess their potential to attract retirees may use this typology to assess what they offer and the types of retirees they are likely to attract. Five types of retirement communities are delineated: resource amenity, planned, continuing care, old home town and regional center. While existing literature concentrates on counties, this typology is also useful at the sub-county level. Perhaps because the literature concentrates on counties, several of the community types presented have not been discussed explicitly in the literature.

Recreational boating and its economic impact in Texas

P UBLIC SERVICE QUALITY AND AVAILABILITY in rural areas of the United States remains low relative to urban areas [9, 20, 29]. Efforts to improve public service delivery in rural areas have resulted in only limited improvements in service availability and little or no reduction in service costs. Professional workers, elected officials, and voters find service delivery problems to be frustrating and not readily amenable to solution.

The Emerging Food and Fiber System: Implications for Agriculture

There is growing interest in the economic impact of retirees consumption expenditures on the output, income, and employment of local and state economies. The purpose of the study is to present, analyze, and compare the economic impact of increased elderly in-migrant spending in nine counties in Arkansas, Oklahoma, and Texas. The economic impacts are calculated using an input-output model and survey data collected on elderly in-migrant spending in the nine counties. Although all nine counties experienced a substantial benefit from in-migrant spending, the benefit varied substantially among counties. The number of new jobs created in the county of residence as a result of retiree spending was estimated to range from one-half to one job per household. This is consistent with the findings of similar studies of the economic impact of retirees.

Regional Impact of Urban Water Use on Irrigated Agriculture

Abstract As a form of leisure, recreational boating provides society with both non‐monetary and monetary benefits. In many instances, however, little is known quantitatively about these benefits. The primary objective of this paper is to shed some light on the monetary benefits of recreational boating. Recreational boating has recently been shown to have a significant role within state economies. The impact of the recreational boating industry on the Texas State economy is a case in point. The recreational boating industry was found to be an interrelated and productive component of the Texas economy. In 1983, the Texas recreational boating industry provided 10,270 man‐years of employment, had a total output value of over

Present Status of Quantitative Techniques in Undergraduate Agricultural Economics Programs

610 million and paid out almost