Recreation Demand Analysis under Truncation, Overdispersion, and Endogenous Stratification: An Application to Gros Morne National Park
Roberto Martinez-Espineira () and
Additional contact information
Joe Amoako-Tuffour: St Francis Xavier University
Econometrics from EconWPA
Using on-site survey data from Gros Morne National Park in Newfoundland, this paper estimates and compares several truncated count data models of recreation demand. The model that not only accounts for the truncated and overdispersed nature of the data but also for endogenous stratification duet o the oversampling of avid users, while allowing for flexible specification of the overdispersion parameter dominates on the basis of goodness of fit. The results are used to estimate the users’ value of access to the park.
Keywords: on-site sampling; endogenous stratification; consumer surplus; count data; overdispersion; recreation demand; travel cost method; truncation. (search for similar items in EconPapers)
JEL-codes: Q26 C24 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-cul, nep-env and nep-tur
Note: Type of Document - pdf; pages: 33
References: View references in EconPapers View complete reference list from CitEc
Citations View citations in EconPapers (14) Track citations by RSS feed
Downloads: (external link)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:wpa:wuwpem:0511007
Access Statistics for this paper
More papers in Econometrics from EconWPA
Series data maintained by EconWPA ().