nep-cul New Economics Papers
on Cultural Economics
Issue of 2009‒12‒11
two papers chosen by
Roberto Zanola
University of the Piemonte Orientale

  1. Valuing the Land of Tigers – What Indian Visitors are Willing to Pay By Indrila Guha
  2. A note on the relationship between television viewing and individual happiness By Mitesh Kataria; Tobias Regner

  1. By: Indrila Guha
    Abstract: The study uses an assessment of visitors’ travel costs to estimate the annual recreational value of the Sundarban. It calculates this to be at least INR 15 million (US$ 377,000) for domestic visitors alone.
    Keywords: travel costs, tigers, Indian, environmental, population, development, tourists, conservation, protection, domestic visitors, recreational value, sundarban,
    Date: 2009
  2. By: Mitesh Kataria (Max Planck Institute of Economics, Strategic Interaction Group, Jena); Tobias Regner (Max Planck Institute of Economics, Strategic Interaction Group, Jena)
    Abstract: In a recently published article, Bruni and Stanca (2008) suggest that television viewing has a negative impact on life satisfaction. In this note we argue that the empirical approach they use (an approach that omits the main effect of TV viewing in life satisfaction) is problematic. We estimate a microeconomic life satisfaction function and find mixed support for the claim that television viewing in general has a negative impact on individual happiness. Using a large cross-country comparison we find that there is a substantial heterogeneity across countries, which needs to be taken into account when concluding about television's effect on life satisfaction.
    Keywords: Relational goods, Subjective well-being, TV consumption, Happiness
    JEL: A12 D12 I31
    Date: 2009–12–02

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