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Daily Fluctuations in Campground Use: An Econometric Analysis

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  • Ronald A. Oliveira
  • Gordon C. Rausser

Abstract

Many recreation activities are characterized by fluctuating use levels over time. This paper presents a theoretical and quantitative analysis of fluctuations in campground use series. Theoretical use functions are specified as the reduced form of a demand and supply system, where the derived demand for campground use is based upon the household production approach to consumer demand theory. A pooled time-series cross-section econometric use model is specified, and its estimated parameters are presented. In addition, campground use series are modeled incorporating Box-Jenkins time-series analysis techniques. Econometric predictions are more accurate relative to autoregressive-integrated-moving-average (ARIMA) predictions.

Suggested Citation

  • Ronald A. Oliveira & Gordon C. Rausser, 1977. "Daily Fluctuations in Campground Use: An Econometric Analysis," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 59(2), pages 283-293.
  • Handle: RePEc:oup:ajagec:v:59:y:1977:i:2:p:283-293.
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    File URL: http://hdl.handle.net/10.2307/1240018
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    Cited by:

    1. Miller, Stephen E., 1982. "Predicting Time Series Turning Points with Arima Models," Working Papers 116869, Clemson University, Department of Agricultural and Applied Economics.
    2. Pope, Rulon D. & Kramer, Randall A. & Green, Richard D. & Gardner, B. Delworth, 1979. "An Evaluation Of Econometric Models Of U.S. Farmland Prices," Western Journal of Agricultural Economics, Western Agricultural Economics Association, vol. 4(1), pages 1-14, July.
    3. Allen, P. Geoffrey & Stevens, Thomas H., 1979. "The Economics Of Outdoor Recreation Congestion: A Case Study Of Camping," Journal of the Northeastern Agricultural Economics Council, Northeastern Agricultural and Resource Economics Association, vol. 8(1), pages 1-4, April.
    4. Ziemer, Rod F. & Musser, Wesley N., 1979. "Population-Specific Recreation Demand Models And The Consequences Of Pooling Sample Data," Western Journal of Agricultural Economics, Western Agricultural Economics Association, vol. 4(1), pages 1-8, July.
    5. Oliveira, Ronald A. & O'Connor, Carl W. & Smith, Gary W., 1979. "Short-Run Forecasting Models Of Beef Prices," Western Journal of Agricultural Economics, Western Agricultural Economics Association, vol. 4(1), pages 1-12, July.
    6. Allen, P. Geoffrey & Stevens, Thomas H., 1979. "The Economics Of Outdoor Recreation Congestion: A Case Study Of Camping," Journal of the Northeastern Agricultural Economics Council, Northeastern Agricultural and Resource Economics Association, vol. 0(Number 1), pages 1-4, April.

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