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Valuing Resource Access with Seminonparametric Techniques: An Application to Clear Lake

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  • John Crooker

Abstract

The focus of this investigation is three-fold. First, seminonparametric techniques are considered in order to avoid the pitfall of imparting bias on value estimates. Second, the efficacy of seminonparametric techniques are explored in an empirical setting by valuing recreational access at Clear Lake, Iowa. Finally, a technique from Eastwood and Gallant (1991) is adapted and applied to the count data model.

Suggested Citation

  • John Crooker, 2004. "Valuing Resource Access with Seminonparametric Techniques: An Application to Clear Lake," Center for Agricultural and Rural Development (CARD) Publications 04-wp352, Center for Agricultural and Rural Development (CARD) at Iowa State University.
    • Handle: RePEc:ias:cpaper:04-wp352
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    References listed on IDEAS

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    9. Sarker, Rakhal & Surry, Yves R., 2003. "The Fast Decay Process In Recreational Demand Activities And The Use Of Alternative Count Data Models," Working Papers 34147, University of Guelph, Department of Food, Agricultural and Resource Economics.
    10. Michael D. Creel, 1997. "Welfare Estimation Using The Fourier Form: Simulation Evidence For The Recreation Demand Case," The Review of Economics and Statistics, MIT Press, vol. 79(1), pages 88-94, February.
    11. Christopher D. Azevedo & Joseph A. Herriges & Catherine L. Kling, 2001. "Valuing Preservation and Improvements of Water Quality in Clear Lake," Center for Agricultural and Rural Development (CARD) Publications 01-sr94, Center for Agricultural and Rural Development (CARD) at Iowa State University.
    12. Hongyi Li & G. S. Maddala, 1999. "Bootstrap Variance Estimation Of Nonlinear Functions Of Parameters: An Application To Long-Run Elasticities Of Energy Demand," The Review of Economics and Statistics, MIT Press, vol. 81(4), pages 728-733, November.
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    14. Douglas Fisher & Adrian R. Fleissig & Apostolos Serletis, 2006. "An Empirical Comparison of Flexible Demand System Functional Forms," World Scientific Book Chapters, in: Money And The Economy, chapter 13, pages 247-277, World Scientific Publishing Co. Pte. Ltd..
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    Cited by:

    1. Isabel Proenca & Isabel Menes, 2000. "Measuring the Average Per Day Net Benefit of Non-consumptive Wildlife - Associated Recreation For a National Park: a Count-Data Travel Cost Approach," Regional and Urban Modeling 283600078, EcoMod.
    2. 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 - Lisbon School of Economics and Management, Department of Economics, Universidade de Lisboa.
    3. Isabel Mendes & Isabel Proença, 2005. "Estimating the Recreation Value of Ecosystems by Using a Travel Cost Method Approach," Working Papers Department of Economics 2005/08, ISEG - Lisbon School of Economics and Management, Department of Economics, Universidade de Lisboa.

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