Understanding Equity in the Recreation User Fee Context

Equity is a major public concern related to recreation fees on public lands. The purpose of this study was to test a three-dimensional model of equity and to examine the perceptions of equity across demographic segments. Data were collected by a telephone survey with residents (N = 366) of two western states. Confirmatory factor analysis supported the three-dimensional equity model in a recreation fee context. People tended to support democratic equity more than compensatory equity. Greater support was shown for discounted fees for the elderly and persons with disabilities than for discounts for ethnic minorities, low income people, or large families, suggesting the possibility of two sub-dimensions of the compensatory equity construct. Overall, the results do not support that disadvantaged groups seek discounted fees.     

When leisure turns to fear: fear,mobility, and ethno-sectarianism in Belfast

There has been a considerable amount of academic discussion of the type of constraints that influence the non-use of leisure facilities. These analyses have taken into consideration such factors as gender, social class, age and mobility. At least some of these include the fear of entering certain spaces as an additional constraint. This paper reveals that in Belfast, fear, which may be based either on personal experience or on imaginary scenarios that result from rumour and innuendo, is a major factor that deters people from using accessible leisure facilities. The paper contains extensive qualitative material that underlines this point. The authors argue that, despite an ongoing peace process, the sectarianization of place has a massive impact on the use of leisure facilities and recommend that fear should be more often taken into account when constraints on leisure participation are discussed.     

Northern Ireland: the politics of leisure in a divided society

The public provision of leisure services and the impact which this has on the community has become a political issue. Nowhere is this more the case than in Northern Ireland where economic and social problems, together with the Troubles, led to a massive increase in central government's sponsorship of public leisure provision in the 1970s. This was a political gesture made more political in the manner through which district councils and local government officials discharged their devolved responsibilities and the way in which local communities appropriated leisure facilities. The resultant pattern of leisure provision reflects existing community boundaries and, as such, reinforces rather than ameliorates sectarian divisions.     

A Response to 'Ecotourism on Trial: The Case of Billfish Angling as Ecotourism'

This paper estimates the quantity of pollutant produced by the Hong Kong hotel industry through diesel oil consumption. A survey of 20 hotels was carried out to collect three years' energy consumption data. Regression analysis indicated that gross floor area was a major and statistically accepted factor in explaining diesel oil consumption. Diesel oil consumption had reduced from the early 1990s and stabilised by the late 1990s. The sulphur dioxide, nitrogen dioxide, carbon dioxide and particulate pollution created by the hotel industry's diesel oil usage from 1990 to 1999 is estimated. The findings indicate that existing green measures and devices are passive and depend on the assimilation of the atmosphere. Environmental costs have stabilised at about HK$54,000 per annum. More proactive approaches to reduce usage and environmental impacts are proposed.     

The Economics of Morality and Environmental Policy: Comment on the Paper by Frey

Journal of Consumer Policy -     

The impacts of large trades by trader types on intraday futures prices: Evidence from the Taiwan Futures Exchange

We find that China's P/E ratio is comparable to that of the U.S. S&P 1500 index, a broad based index covering large, middle, and small capitalization firms. We provide an explanation as to why China's seemingly low P/E ratio is not surprising in light of the economic growth that it has experienced. Specifically, we show that (i) the P/E ratio is negatively associated with earnings volatility in both the Chinese and U.S. stock markets with an economically significant magnitude; and (ii) historical earnings volatility is considerably higher in China than in the U.S. Higher earnings volatility in China offsets higher growth prospect in setting the P/E ratio, making its P/E ratio much closer to what is observed empirically than otherwise implied by its growth rate.