Abstract
Protected areas offer unique opportunities for recreation, but the non-market nature of these benefits presents a significant challenge when trying to represent value in the decision-making processes. The most common techniques to value recreation are based on resource-intensive primary surveys which are difficult to perform at a large scale or in remote locations. This is true in the case of Italy, where a large and diverse network of protected areas suffers from lack of data. Here, we offer an alternative data source for the valuation of recreation by integrating the metadata of geotagged photographs from social media into single-site, individual travel cost models for 67 Italian protected areas. Count data model results are generally consistent with standard economic and consumer demand theory for ordinary goods, with a zero-truncated Poisson model returning down sloping demand curves for 50 of 67 sites. A significant travel cost coefficient was returned for 33 sites (p-value <0.05) for which consumer surplus estimates were found in the range between €6.33 and €87.16, with a mean value per trip of €32.82. Although not without their own challenges, the results presented highlight the possibilities of new forms of spatial big data as a novel data source for environmental economists.
Original language | English |
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Article number | 107526 |
Journal | Ecological Economics |
Volume | 200 |
DOIs | |
State | Published - Oct 2022 |
Bibliographical note
Funding Information:This study is supported by the research project MEGABIT—PIAno di inCEntivi per la RIcerca di Ateneo 2020/2022 (PIACERI)—linea di intervento 2, and by the research project NATURE, University of Catania. We would like to thank the three anonymous reviewers and handling editor for the detailed and constructive comments and feedback which helped improve this work into its current form.
Publisher Copyright:
© 2022 Elsevier B.V.
Keywords
- Flickr
- Geotagged Photographs
- Italy
- Protected Areas
- Recreation
- Social Media
- Spatial Big Data
- Travel Cost Method
ASJC Scopus subject areas
- Environmental Science (all)
- Economics and Econometrics