Estimating recreation demand with on-site panel data: An application of a latent class truncated and endogenously stratified count data model
In this paper, we present an extension of Shaw’s (1988) and Englin and Shonkwiler’s (1995) count data travel cost models corrected for on-site sampling to a panel data setting. We develop a panel data negative binomial count data model that corrects for endogenous stratification and truncation. We also incorporate a latent class structure into our panel specification which assumes that the observations are drawn from a finite number of segments, where the distributions differ in the intercept and the coefficients of the explanatory variables. Results of this model are compared to some of the more common modelling approached in the literature. The chosen models are applied to revealed and contingent travel data obtained from a survey of visitors to a beach on the outskirts of Galway city in Ireland. The paper argues that count data panel models corrected for on-site sampling may still be inadequate and potentially misleading if the population of interest is heterogeneous with respect to the impact of the chosen explanatory variables.
|Date of creation:||2011|
|Contact details of provider:|| Web page: http://www.nuigalway.ie/semru/index.html|
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.:
- Roberto Martinez-Espineira & Joe Amoako-Tuffour, 2005. "Recreation Demand Analysis under Truncation, Overdispersion, and Endogenous Stratification: An Application to Gros Morne National Park," Econometrics 0511007, EconWPA.
- John C. Whitehead & Subhrendu K. Pattanayak & George L. Van Houtven & Brett R. Gelso, 2008.
"Combining Revealed And Stated Preference Data To Estimate The Nonmarket Value Of Ecological Services: An Assessment Of The State Of The Science,"
Journal of Economic Surveys,
Wiley Blackwell, vol. 22(5), pages 872-908, December.
- John C. Whitehead & Subhrendu K. Pattanayak & George L. Van Houtven & Brett R. Gelso, 2005. "Combining Revealed and Stated Preference Data to Estimate the Nonmarket Value of Ecological Services: An Assessment of the State of the Science," Working Papers 05-19, Department of Economics, Appalachian State University, revised 2007.
- Vuong, Quang H, 1989. "Likelihood Ratio Tests for Model Selection and Non-nested Hypotheses," Econometrica, Econometric Society, vol. 57(2), pages 307-333, March.
- 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.
- 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.
- Beaumais, Olivier & Appéré, Gildas, 2010. "Recreational shellfish harvesting and health risks: A pseudo-panel approach combining revealed and stated preference data with correction for on-site sampling," Ecological Economics, Elsevier, vol. 69(12), pages 2315-2322, October.
- John C. Whitehead & Daniel Phaneuf & Christopher F. Dumas & Jim Herstine & Jeffrey Hill & Bob Buerger, 2007.
"Convergent Validity of Revealed and Stated Recreation Behavior with Quality Change: A Comparison of Multiple and Single Site Demands,"
07-17, Department of Economics, Appalachian State University, revised 2008.
- John Whitehead & Daniel Phaneuf & Christopher Dumas & Jim Herstine & Jeffery Hill & Bob Buerger, 2010. "Convergent Validity of Revealed and Stated Recreation Behavior with Quality Change: A Comparison of Multiple and Single Site Demands," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 45(1), pages 91-112, January.
- Isabel Mendes & Isabel Proença, 2009. "Measuring the Social Recreation Per-Day Net Benefit of Wildlife Amenities of a National Park: A Count-Data Travel Cost Approach," Working Papers Department of Economics 2009/35, ISEG - School of Economics and Management, Department of Economics, University of Lisbon.
- Christopher D. Azevedo & Joseph A. Herriges & Catherine L. Kling, 2003.
"Combining Revealed and Stated Preferences: Consistency Tests and Their Interpretations,"
American Journal of Agricultural Economics,
Agricultural and Applied Economics Association, vol. 85(3), pages 525-537.
- Azevedo, Christopher D. & Herriges, Joseph A. & Kling, Catherine L., 2003. "Combining Revealed and Stated Preferences: Consistency Tests and Their Interpretations," Staff General Research Papers Archive 10173, Iowa State University, Department of Economics.
- W. Douglass Shaw & Peter Feather, 1999. "Possibilities for Including the Opportunity Cost of Time in Recreation Demand Systems," Land Economics, University of Wisconsin Press, vol. 75(4), pages 592-602.
- Loomis, John B., 1997. "Panel Estimators To Combine Revealed And Stated Preference Dichotomous Choice Data," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 22(02), pages -, December.
- Morey, Edward R., 1981. "The demand for site-specific recreational activities: A characteristics approach," Journal of Environmental Economics and Management, Elsevier, vol. 8(4), pages 345-371, December.
- Jeffrey Englin & Trudy Cameron, 1996. "Augmenting travel cost models with contingent behavior data," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 7(2), pages 133-147, March.
- Hesseln, Hayley & Loomis, John B. & González-Cabán, Armando, 2004. "Comparing the economic effects of fire on hiking demand in Montana and Colorado," Journal of Forest Economics, Elsevier, vol. 10(1), pages 21-35, May.
- Cathal Buckley & Stephen Hynes & Tom van Rensburg & Edel Doherty, 2009. "Walking in the Irish countryside: landowner preferences and attitudes to improved public access provision," Journal of Environmental Planning and Management, Taylor & Francis Journals, vol. 52(8), pages 1053-1070.
- Riccardo Scarpa & Mara Thiene, 2004. "Destination Choice Models for Rock Climbing in the Northeast Alps: A Latent-Class Approach Based on Intensity of Participation," Working Papers 2004.131, Fondazione Eni Enrico Mattei.
- Wang, Peiming & Cockburn, Iain M & Puterman, Martin L, 1998. "Analysis of Patent Data--A Mixed-Poisson-Regression-Model Approach," Journal of Business & Economic Statistics, American Statistical Association, vol. 16(1), pages 27-41, January.
- 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 104-112, February.
- Klaus Moeltner & J. Scott Shonkweiler, 2007. "Intercept and Recall: Examining Avidity Carryover in On-Site Collected Travel Data," Working Papers 07-014, University of Nevada, Reno, Department of Economics;University of Nevada, Reno , Department of Resource Economics.
When requesting a correction, please mention this item's handle: RePEc:ags:semrui:135171. 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 references are entirely missing, you can add them using this form.