Testing Significance Of Multi-Destination And Multi-Purpose Trip Effects In A Travel Cost Method Demand Model For Whale Watching Trips
Inclusion of multi-destination and multi-purpose visitors has an appreciable influence on a standard count data travel cost model derived estimate of willingness to pay but the differences are not statistically significant. We adapt a more general travel cost model (TCM) of Parsons and Wilson (1997) that allows for inclusion of multi-destination visitors as incidental demand to allow estimation of an unbiased measure of single and multi-destination willingness to pat for whale viewing using a single pooled equation. The primary purpose trip values from the standard TCM and simple generalized TCM model are identical at $43 per person per day and neither are significantly different from the $50 day value from a generalized model that distinguishes between joint and incidental trips. The general models avoid underestimation of total recreation site benefits that would result from omitting the consumer surplus of multi-destination visitors.
Volume (Year): 29 (2000)
Issue (Month): 2 (October)
|Contact details of provider:|| Web page: http://www.narea.org/|
More information through EDIRC
References listed on IDEAS
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.:
- Hellerstein, Daniel, 1991.
"Using Count Data Models in Travel Cost Analysis with Aggregate Data,"
25264, University Library of Munich, Germany.
- Daniel M. Hellerstein, 1991. "Using Count Data Models in Travel Cost Analysis with Aggregate Data," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 73(3), pages 860-866.
- 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.
- Daniel Hellerstein & Robert Mendelsohn, 1993.
"A Theoretical Foundation for Count Data Models,"
American Journal of Agricultural Economics,
Agricultural and Applied Economics Association, vol. 75(3), pages 604-611.
- Parsons, George R. & Wilson, Aaron J., 1997. "Incidental And Joint Consumption In Recreation Demand," Agricultural and Resource Economics Review, Northeastern Agricultural and Resource Economics Association, vol. 26(1), April.
- Robert Mendelsohn & John Hof & George Peterson & Reed Johnson, 1992. "Measuring Recreation Values with Multiple Destination Trips," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 74(4), pages 926-933.
- Kenneth E. McConnell & Ivar Strand, 1981. "Measuring the Cost of Time in Recreation Demand Analysis: An Application to Sportfishing," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 63(1), pages 153-156.
- Abraham E. Haspel & F. Reed Johnson, 1982. "Multiple Destination Trip Bias in Recreation Benefit Estimation," Land Economics, University of Wisconsin Press, vol. 58(3), pages 364-372.
- V. Kerry Smith & Raymond J. Kopp, 1980. "The Spatial Limits of the Travel Cost Recreational Demand Model," Land Economics, University of Wisconsin Press, vol. 56(1), pages 64-72.
When requesting a correction, please mention this item's handle: RePEc:ags:arerjl:31308. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (AgEcon Search)
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.