Use of Bootstrap Method to Obtain Reliable Parameter Estimations on Travel Cost Demand Model

Nirmala Devkota, Krishna Paudel, Larry M. Hall and Rex H. Caffey

No 35471, 2006 Annual Meeting, February 5-8, 2006, Orlando, Florida from Southern Agricultural Economics Association

Abstract: We used poisson and negative binomial models to estimate future demand of recreation trips to a closed site using internet and intercept surveys. Parameter estimates were validated using 1,000 bootstrap replications. Result indicated a significant negative impact of travel time and positive impact of income on the future recreational demand.

Keywords: Resource/Energy; Economics; and; Policy (search for similar items in EconPapers)
Pages: 20
Date: 2006
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
https://ageconsearch.umn.edu/record/35471/files/sp06de06.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:saeaso:35471

DOI: 10.22004/ag.econ.35471

Access Statistics for this paper

More papers in 2006 Annual Meeting, February 5-8, 2006, Orlando, Florida from Southern Agricultural Economics Association Contact information at EDIRC.
Bibliographic data for series maintained by AgEcon Search ().