An empirical assessment of U.S. consumer expenditures for recreation‐related goods and services

1946–1988

Bibliographic Data

ID11216470
AuthorsThomas W Blaine (Texas A&M University, corresponding author), Golam Mohammad (Texas A&M University)
Year1991
Volume13
Issue2
Pages111-122
Publication date1991-01-01
Peer ReviewedYes
Open AccessNo
TypeARTICLE
VenueLeisure Sciences (JOURNAL)
Journal identifiersISSN: 0149-0400 • E-ISSN: 1521-0588
PublisherInforma UK Limited (PUBLISHER • GB)
DOI10.1080/01490409109513130
OpenAlexW2006266934
LanguageEN
Citations received3
References cited11

A theoretical framework was developed in which the demand for recreation‐related goods and services (RGS) was specified as a function of prices, income, and leisure time budgets. Aggregate annual U. S. price and expenditure data were collected and reported for the post‐World War II era (1946–1988), along with labor participation rates and length of work week. The results indicate that RGS demand is highly elastic with respect to income and leisure time, but relatively price‐inelastic. Leisure time was found to be a substitute for RGS

Aggregate expenditure · Consumer expenditure · Demand curve · Demographic economics · Economics · Economy · Geography · Goods and services · Labour economics · Leisure time · Microeconomics · Physical activity · Post war · Public economics · Recreation · Work (physics · World War II · Economic and Environmental Valuation · Economics of Agriculture and Food Markets · Gender, Labor, and Family Dynamics

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