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Pricing of National Park Visits in Kenya: The Case of Lake Nakuru National Park

Author

Listed:
  • Anthony Wambugu
  • Daniel Abala
  • Edwin Muchapondwa
  • Peter Chacha

Abstract

This study analyses the factors influencing pricing of National Park visits in Kenya. A two step regression procedure is used to develop a pricing mechanism for Lake Nakuru National Park (LNNP). In the first stage, count data models are applied to estimate the Trip generating function to LNNP and in the second, the results from […]

Suggested Citation

  • Anthony Wambugu & Daniel Abala & Edwin Muchapondwa & Peter Chacha, 2013. "Pricing of National Park Visits in Kenya: The Case of Lake Nakuru National Park," Working Papers 357, Economic Research Southern Africa.
    • Handle: RePEc:rza:wpaper:357
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    File URL: https://econrsa.org/wp-content/uploads/2022/06/working_paper_357.pdf
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    Cited by:

    1. Seck, Abdoulaye, 2016. "A dichotomous-choice contingent valuation of the Parc Zoologique de Hann in Dakar," African Journal of Agricultural and Resource Economics, African Association of Agricultural Economists, vol. 11(3).

    More about this item

    Keywords

    Commodity prices; Tourism and Development;

    JEL classification:

    • C24 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Truncated and Censored Models; Switching Regression Models; Threshold Regression Models
    • C25 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Discrete Regression and Qualitative Choice Models; Discrete Regressors; Proportions; Probabilities
    • I31 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - General Welfare, Well-Being
    • Q26 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Recreational Aspects of Natural Resources

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