Recreational Housing and Community Development: A Triple Bottom Line Approach

摘要

In this study, we explore the impact of recreational housing on community development within a triple bottom line (economic, social, environmental) framework. We empirically assess the relationships between recreational housing and social, environmental, and economic conditions in nonmetropolitan counties and explicitly model spatial relationships, considering the potential for indirect spillover effects of recreational housing presence in one county to be associated with social, environmental, and economic conditions in neighboring counties. We employ a spatial Bayesian model averaging method to determine the set of control variables and find that higher concentrations of recreational homes are associated with lower levels of economic well-being, but somewhat higher levels of environmental quality.