USING ACTUAL AND CONTINGENT BEHAVIOR DATA WITH DIFFERING LEVELS OF TIME AGGREGATION TO MODEL RECREATION DEMAND

Trudy Cameron (), W. Shaw, Shannon E. Ragland, J. Mac Callaway and Sally Keefe

Journal of Agricultural and Resource Economics, 1996, vol. 21, issue 01, 20

Abstract: A model of recreation demand is developed to determine the role of water levels in determining participation at and frequency of trips taken to various federal reservoirs and rivers in the Columbia River Basin. Contingent behavior data are required to break the near-perfect multicollinearities among water levels at some waters. We combine demand data for each survey respondent at different levels of time aggregation (summer months, rest of year, and annual), and our empirical models accommodate the natural heteroskedasticity that results. Our empirical results show it to be quite important to control carefully for survey nonresponse bias.

Keywords: Resource/Energy; Economics; and; Policy (search for similar items in EconPapers)
Date: 1996
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (22)

Downloads: (external link)
https://ageconsearch.umn.edu/record/30996/files/21010130.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ags:jlaare:30996

DOI: 10.22004/ag.econ.30996

Access Statistics for this article

More articles in Journal of Agricultural and Resource Economics from Western Agricultural Economics Association Contact information at EDIRC.
Bibliographic data for series maintained by AgEcon Search ().