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Calibrating Online Survey Sample for Economic Impact Analysis

Author

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  • Devkota, Nirmala
  • Paudel, Krishna P.
  • Fannin, James Matthew
  • Hall, Larry M.
  • Caffey, Rex H.

Abstract

Online surveys have emerged as low-cost data collection approach in empirical researches; however, the validity of data remains questionable. Therefore, we employed a stochastic frontier estimation method to calibrate online recreational expenditure. Study results suggested the presence of inefficiency on online surveys. Analysis was extended to estimate economic impact of nature based recreation on a local economy.

Suggested Citation

  • Devkota, Nirmala & Paudel, Krishna P. & Fannin, James Matthew & Hall, Larry M. & Caffey, Rex H., 2007. "Calibrating Online Survey Sample for Economic Impact Analysis," 2007 Annual Meeting, February 4-7, 2007, Mobile, Alabama 34997, Southern Agricultural Economics Association.
    • Handle: RePEc:ags:saeasm:34997
    DOI: 10.22004/ag.econ.34997
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    References listed on IDEAS

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    1. Bergstrom, John C. & Cordell, H. Ken & Watson, Alan E. & Ashley, Gregory A., 1990. "Economic Impacts of State Parks on State Economies in the South," Journal of Agricultural and Applied Economics, Cambridge University Press, vol. 22(2), pages 69-77, December.
    2. List, John A. & Shogren, Jason F., 1998. "Calibration of the difference between actual and hypothetical valuations in a field experiment," Journal of Economic Behavior & Organization, Elsevier, vol. 37(2), pages 193-205, October.
    3. Richard A. Hofler & John A. List, 2004. "Valuation on the Frontier: Calibrating Actual and Hypothetical Statements of Value," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 86(1), pages 213-221.
    4. List, John A. & Rasul, Imran, 2011. "Field Experiments in Labor Economics," Handbook of Labor Economics, in: O. Ashenfelter & D. Card (ed.), Handbook of Labor Economics, edition 1, volume 4, chapter 2, pages 103-228, Elsevier.
    5. Devkota, Nirmala & Fannin, James Matthew & Paudel, Krishna P., 2006. "Economic Impact Estimation Using Bootstrap Samples Obtained From Internet And Intercept Survey Data," 2006 Annual meeting, July 23-26, Long Beach, CA 21150, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
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