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Measuring the Social Recreation Per-Day Net Benefit of Wildlife Amenities of a National Park: A Count-Data Travel Cost Approach

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Author Info
Isabel Mendes
Isabel Proença

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Abstract

We applied count-data travel cost methods to a truncated sample of visitors, to estimate the average CS per each day of visit of an individual, visiting the Peneda-Gerês National Park to enjoy their natural facilities for recreation purposes. As the recreation demand was measured in number of days of stay in the park the behaviour of the dependent variable is very specific. To overcome this situation, we propose the use of altered truncated count data models or truncated count data models on grouped data because we found they were better adjusted to our data set. The average individual CS per day is estimated to be €194 varying between €116 and €448, with Simulated Limits. This information is useful in the formulation of government policy relating directly to national parks and conservation and the determination of future natural park management. To our knowledge this is the first attempt to measure the average recreation net benefits per each day of stay supported by a national park, by using truncated altered and truncated grouped count data Travel Cost Model based on the observation of individual (not household) number of days of stay.

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Publisher Info
Paper provided by Department of Economics at the School of Economics and Management (ISEG), Technical University of Lisbon. in its series Working Papers with number 2009/35.

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Date of creation: Oct 2009
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Handle: RePEc:ise:isegwp:wp352009

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Postal: Department of Economics, School of Economics and Management (ISEG), Technical University of Lisbon, Rua do Quelhas 6, 1200-781 LISBON, PORTUGAL
Web page: http://www.iseg.utl.pt/departamentos/economia/

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Related research
Keywords: Social Recreation Benefits; Wildlife Amenities; Count Data Models; Travel Cost.;

Find related papers by JEL classification:
C3 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables
D1 - Microeconomics - - Household Behavior
D4 - Microeconomics - - Market Structure and Pricing
Q2 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation

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