Functional Forms, Sampling Considerations, and Estimation of Demand for Protected Natural Areas: The CÌes Islands Case Study in Galicia (Spain)

Manuel González Gómez, Philippe Polome () and Albino Prada Blanco ()
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Manuel González Gómez: Departamento de Economía Aplicada. Universidade de Vigo.

No 16, Documentos de trabajo - Analise Economica from IDEGA - Instituto Universitario de Estudios e Desenvolvemento de Galicia

Abstract: In this paper, we present estimates of several models of demand for a natural area using data from surveys on visitors and non-visitors. The estimates take into account the problems of: demand specification, measurement of the cost and of the demand, choosing sampling scheme, and handling the sample. Considering these alternatives allows us to select a model of demand under improved conditions and frees us from initial restrictive hypothesis. The results in terms of prediction of demand and consumer surplus estimates are quite dissimilar, stressing the importance of comparing various models that encompass the range of possible options.

Keywords: Travel Cost Method; Endogeneous Stratification; Truncation; Demand specification; Hurdle models (search for similar items in EconPapers)
Pages: 29 pages
Date: 2001
New Economics Papers: this item is included in nep-env
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Persistent link: https://EconPapers.repec.org/RePEc:edg:anecon:0016

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