Analysis of the factors influence for the formation of the value of recreational services on the territory of the «Podilsky Tovtry» National Natural Park

G. Hrebennyk
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G. Hrebennyk: State Environmental Academy of Postgraduate Education and Ministry of Environment Ukraine

Balanced Nature Using, 2015, vol. 5, issue 2, 52-56

Abstract: This paper deals with five factors that are statistically significant in the multiple regression and affect the willingness to pay for provided recreational services, namely: income, educational level, place of residence, employment and the frequency of visits. It was found that the more income of holidaymakers and higher education level, the more they are willing to pay for provided recreational services.

Keywords: correlative and regression analysis; factorial and productive signs; the coefficient of determination; recreational services; t-statistics; f-statistics (search for similar items in EconPapers)
Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:bnu:journl:v:5:y:2015:i:2:p:52-56

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