Recreation Demand Analysis under Truncation, Overdispersion, and Endogenous Stratification: An Application to Gros Morne National Park
AbstractUsing on-site survey data from Gros Morne National Park in Newfoundland, this paper estimates and compares several truncated count data models of recreation demand. The model that not only accounts for the truncated and overdispersed nature of the data but also for endogenous stratification duet o the oversampling of avid users, while allowing for flexible specification of the overdispersion parameter dominates on the basis of goodness of fit. The results are used to estimate the users’ value of access to the park.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoPaper provided by EconWPA in its series Econometrics with number 0511007.
Length: 33 pages
Date of creation: 07 Nov 2005
Date of revision:
Note: Type of Document - pdf; pages: 33
Contact details of provider:
Web page: http://220.127.116.11
on-site sampling; endogenous stratification; consumer surplus; count data; overdispersion; recreation demand; travel cost method; truncation.;
Find related papers by JEL classification:
- Q26 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Recreational Aspects of Natural Resources
- C24 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Truncated and Censored Models; Switching Regression Models
This paper has been announced in the following NEP Reports:
- NEP-ALL-2005-11-12 (All new papers)
- NEP-CUL-2005-11-12 (Cultural Economics)
- NEP-ENV-2005-11-12 (Environmental Economics)
- NEP-TUR-2005-11-12 (Tourism Economics)
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Beal, Diana J., 1995. "A Travel Cost Analysis of the Value of Carnarvon Gorge National Park for Recreational Use," Review of Marketing and Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 63(02), August.
- Klaus Moeltner & J. Scott Shonkwiler, 2005. "Correcting for On-Site Sampling in Random Utility Models," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 87(2), pages 327-339.
- George R. Parsons, 1991. "A Note on Choice of Residential Location in Travel Cost Demand Models," Land Economics, University of Wisconsin Press, vol. 67(3), pages 360-364.
- Dietrich Earnhart, 2004. "Time is Money: Improved Valuation of Time and Transportation Costs," Environmental & Resource Economics, European Association of Environmental and Resource Economists, vol. 29(2), pages 159-190, October.
- Hellerstein, Daniel, 1991. "Using Count Data Models in Travel Cost Analysis with Aggregate Data," MPRA Paper 25264, University Library of Munich, Germany.
- Creel, Michael D & Loomis, John B, 1991. "Confidence Intervals for Welfare Measures with Application to a Problem of Truncated Counts," The Review of Economics and Statistics, MIT Press, vol. 73(2), pages 370-73, May.
- Alan Randall, 1994. "Difficulty with the Travel Cost Method," Land Economics, University of Wisconsin Press, vol. 70(1), pages 88-96.
- Shonkwiler, John Scott & Shaw, W. Douglass, 1996. "Hurdle Count-Data Models In Recreation Demand Analysis," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 21(02), December.
- V. Kerry Smith & William H. Desvousges & Matthew P. McGivney, 1983. "The Opportunity Cost of Travel Time in Recreation Demand Models," Land Economics, University of Wisconsin Press, vol. 59(3), pages 259-278.
- Carter Betz & John Bergstrom & J. M. Bowker, 2003. "A Contingent Trip Model for Estimating Rail-trail Demand," Journal of Environmental Planning and Management, Taylor & Francis Journals, vol. 46(1), pages 79-96.
- Nancy E. Bockstael & Ivar E. Strand, Jr., 1987. "The Effect of Common Sources of Regression Error on Benefit Estimates," Land Economics, University of Wisconsin Press, vol. 63(1), pages 11-20.
- Grogger, J T & Carson, Richard T, 1991. "Models for Truncated Counts," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 6(3), pages 225-38, July-Sept.
- Cameron, A. Colin & Trivedi, Pravin K., 1990. "Regression-based tests for overdispersion in the Poisson model," Journal of Econometrics, Elsevier, vol. 46(3), pages 347-364, December.
- Shaw, Daigee, 1988. "On-site samples' regression : Problems of non-negative integers, truncation, and endogenous stratification," Journal of Econometrics, Elsevier, vol. 37(2), pages 211-223, February.
- Feather, Peter & Shaw, W. Douglass, 1999.
"Estimating the Cost of Leisure Time for Recreation Demand Models,"
Journal of Environmental Economics and Management,
Elsevier, vol. 38(1), pages 49-65, July.
- Feather, Peter & Shaw, W. Douglass, 1998. "Estimating The Cost Of Leisure Time For Recreation Demand Models," 1998 Annual meeting, August 2-5, Salt Lake City, UT 20855, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
- Shrestha, Ram K. & Seidl, Andrew F. & Moraes, Andre S., 2002. "Value of recreational fishing in the Brazilian Pantanal: a travel cost analysis using count data models," Ecological Economics, Elsevier, vol. 42(1-2), pages 289-299, August.
- Peter Fix & John Loomis, 1998. "Comparing the Economic Value of Mountain Biking Estimated Using Revealed and Stated Preference," Journal of Environmental Planning and Management, Taylor & Francis Journals, vol. 41(2), pages 227-236.
- Gurmu, Shiferaw & Trivedi, Pravin K, 1996. "Excess Zeros in Count Models for Recreational Trips," Journal of Business & Economic Statistics, American Statistical Association, vol. 14(4), pages 469-77, October.
- Englin, Jeffrey & Shonkwiler, J S, 1995. "Estimating Social Welfare Using Count Data Models: An Application to Long-Run Recreation Demand under Conditions of Endogenous Stratification and Truncation," The Review of Economics and Statistics, MIT Press, vol. 77(1), pages 104-12, February.
- Englin Jeffrey & Shonkwiler J. S., 1995. "Modeling Recreation Demand in the Presence of Unobservable Travel Costs: Toward a Travel Price Model," Journal of Environmental Economics and Management, Elsevier, vol. 29(3), pages 368-377, November.
- Danielle Hagerty & Klaus Moeltner, 2005. "Specification of Driving Costs in Models of Recreation Demand," Land Economics, University of Wisconsin Press, vol. 81(1).
- Bell, Frederick W. & Leeworthy, Vernon R., 1990. "Recreational demand by tourists for saltwater beach days," Journal of Environmental Economics and Management, Elsevier, vol. 18(3), pages 189-205, May.
- I. M. Dobbs, 1993. "Adjusting For Sample Selection Bias In The Individual Travel Cost Method," Journal of Agricultural Economics, Wiley Blackwell, vol. 44(2), pages 335-342.
- Hellerstein, Daniel & Mendelsohn, Robert, 1993. "A Theoretical Foundation for Count Data Models," MPRA Paper 25265, University Library of Munich, Germany.
- Mahadev Bhat & Ramachandra Bhatta & Mohamed Shumais, 2014. "Sustainable funding policies for environmental protection: the case of Maldivian atolls," Environmental Economics and Policy Studies, Society for Environmental Economics and Policy Studies - SEEPS, vol. 16(1), pages 45-67, January.
- Meisner, Craig & Wang, Hua & Laplante, Benoit, 2006. "Welfare measurement bias in household and on-site surveying of water-based recreation : an application to Lake Sevan, Armenia," Policy Research Working Paper Series 3932, The World Bank.
- Morrissey, Karyn & Moran, Caroline, 2011. "The Non-Market Value of Water Based Activities in the West of Ireland," Working Papers 148922, Socio-Economic Marine Research Unit, National University of Ireland, Galway.
- Bénédicte Rulleau & Jeoffrey Dehez & Patrick Point, 2011. "The tourist recreational demand for coastal forests: Do forests really matter?," Review of Agricultural and Environmental Studies - Revue d'Etudes en Agriculture et Environnement, INRA Department of Economics, vol. 92(3), pages 291-310.
- Hynes, Stephen & Greene, William, 2011.
"Estimating recreation demand with on-site panel data: An application of a latent class truncated and endogenously stratified count data model,"
135171, Socio-Economic Marine Research Unit, National University of Ireland, Galway.
- Hynes, Stephen & Greene, William, 2011. "Estimating recreation demand with on-site panel data: An application of a latent class truncated and endogenously stratified count data model," Working Papers 148925, Socio-Economic Marine Research Unit, National University of Ireland, Galway.
- Hynes, Stephen & Greene, William, 2012. "Panel Travel Cost Count Data Models for On-Site Samples that Incorporate Unobserved Heterogeneity with Respect to the Impact of the Explanatory Variables," Working Papers 148834, Socio-Economic Marine Research Unit, National University of Ireland, Galway.
- Kim, Seung Gyu & Bowker, James Michael & Cho, Seong-Hoon & Lambert, Dayton M. & English, Donald B.K. & Starbuck, C. Meghan, 2010. "Estimating Travel Cost Model: Spatial Approach," 2010 Annual Meeting, July 25-27, 2010, Denver, Colorado 61774, Agricultural and Applied Economics Association.
- Rolfe, John & Dyack, Brenda, 2010. "Testing for convergent validity between travel cost and contingent valuation estimates of recreation values in the Coorong, Australia," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 54(4), December.
- Mario Du Preez & Deborah Ellen Lee & Stephen Gerald Hosking, 2011. "The recreational value of beaches in the Nelson Mandela Bay area, South Africa," Working Papers 239, Economic Research Southern Africa.
- Amoako-Tuffour, Joe & Martınez-Espineira, Roberto, 2008. "Leisure and the Opportunity Cost of Travel Time in Recreation Demand Analysis: A Re-Examination," MPRA Paper 8573, University Library of Munich, Germany.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (EconWPA).
If references are entirely missing, you can add them using this form.