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Daily Fluctuations in Campground Use: An Econometric Analysis

Ronald A. Oliveira and Gordon Rausser

American Journal of Agricultural Economics, 1977, vol. 59, issue 2, 283-293

Abstract: Many recreation activities are characterized by fluctuating use levels over time. This paper presents a theoretical and quantitative analysis of fluctuations in campground use series. Theoretical use functions are specified as the reduced form of a demand and supply system, where the derived demand for campground use is based upon the household production approach to consumer demand theory. A pooled time-series cross-section econometric use model is specified, and its estimated parameters are presented. In addition, campground use series are modeled incorporating Box-Jenkins time-series analysis techniques. Econometric predictions are more accurate relative to autoregressive-integrated-moving-average (ARIMA) predictions.

Date: 1977
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Citations: View citations in EconPapers (6)

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