000114405 001__ 114405
000114405 005__ 20180122215728.0
000114405 037__ $$a726-2016-49897
000114405 041__ $$aen
000114405 245__ $$aValuation of Trips to Second Homes in the Country: Do Environmental Attributes Matter?
000114405 260__ $$c2011
000114405 269__ $$a2011
000114405 270__ $$mtuija.lankia@mtt.fi$$pLankia,   Tuija
000114405 270__ $$manni.huhtala@mtt.fi$$pHuhtala,   Anni
000114405 300__ $$a13
000114405 336__ $$aConference Paper/ Presentation
000114405 520__ $$aAlthough spending time in a summer home is a popular leisure activity in many developed
countries, little is known about the welfare impacts of such recreation in monetary terms. We use
data from Finland to provide first estimates of the extent of the recreation benefits obtained from
visits to second homes. Special emphasis is placed on how environmental attributes of second
homes, such as the presence of algae, the availability of a beach, and electricity, influence the
recreation value of visits. The impacts are valued through revealed preferences using the travel cost
method. We estimate the recreation value to be about EUR 170 – 205 per trip if a summer home is
electrified, if a beach is available and if algae do not prevent aquatic recreation. The aggregate nonmarket
benefits of the use of the current summer home stock are considerable – about EUR 500
million per annum. The presence of algae that prevent aquatic recreation decreases the value per trip
by 40 percent, and the lack of a beach reduces it by 45 percent; electrification increases the value by
3–5 percent. These impacts should be balanced against the social costs of second homes when
designing environmental policies on leisure-time housing.
000114405 542__ $$fLicense granted by Natalie Walker (walke759@umn.edu) on 2011-09-01T19:07:01Z (GMT):

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000114405 650__ $$aConsumer/Household Economics
000114405 650__ $$aEnvironmental Economics and Policy
000114405 650__ $$aResource /Energy Economics and Policy
000114405 700__ $$aLankia, Tuija
000114405 700__ $$aHuhtala, Anni
000114405 8564_ $$s167430$$uhttps://ageconsearch.umn.edu/record/114405/files/Lankia_Tuija_300.pdf
000114405 887__ $$ahttp://purl.umn.edu/114405
000114405 909CO $$ooai:ageconsearch.umn.edu:114405$$pGLOBAL_SET
000114405 912__ $$nSubmitted by Natalie Walker (walke759@umn.edu) on 2011-09-01T19:09:13Z
No. of bitstreams: 1
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000114405 912__ $$nMade available in DSpace on 2011-09-01T19:09:15Z (GMT). No. of bitstreams: 1
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  Previous issue date: 2011
000114405 982__ $$gEuropean Association of Agricultural Economists>2011 International Congress, August 30-September 2, 2011, Zurich, Switzerland
000114405 980__ $$a726