The Sensitivity of Travel Cost Estimates of Recreation Demand to the Functional Form and Definition of Origin Zones
作者： Ronald J. Sutherland
DOI:
关键词: Valuation (finance) 、 Demand curve 、 Recreation 、 Travel cost 、 Monte Carlo method 、 Microeconomics 、 Economics 、 Econometrics
摘要: The travel-cost method of estimating a recreation demand function requires specifying the functional form first-stage curve and defining width concentric origin zones. A Monte Carlo approach is used to determine sensitivity valuation estimates alternative choices about these two issues. Demand are shown be sensitive definition zone use semilog versus double log curve. proper choice or zones unclear, but more appropriate than form.
jstor.org 参考文章(13)
J. B. Loomis, M. D. Bowes, M. Hazilla, C. S. Russell, W. J. Vaughan, C. Price, J. B. Christensen, A note on the use of travel cost models with unequal zonal population. Land Economics. ,vol. 58, pp. 400- 407 ,(1980)
David E. W. Laidler, The Demand for Money: Theories and Evidence ,(1973)
Jack L. Knetsch, Marion Clawson, Economics of outdoor recreation ,(1967)
Rod F. Ziemer, Wesley N. Musser, R. Carter Hill, Recreation Demand Equations: Functional Form and Consumer Surplus American Journal of Agricultural Economics. ,vol. 62, pp. 136- 141 ,(1980) , 10.2307/1239482
Oscar R. Burt, Durward Brewer, Estimation of Net Social Benefits from Outdoor Recreation Econometrica. ,vol. 39, pp. 813- 827 ,(1971) , 10.2307/1909581
Stephen M. Goldfeld, James Duesenberry, William Poole, The Demand for Money Revisited Brookings Papers on Economic Activity. ,vol. 1973, pp. 577- 646 ,(1973) , 10.2307/2534203
Ronald J Sutherland, A regional approach to estimating recreation benefits of improved water quality Journal of Environmental Economics and Management. ,vol. 9, pp. 229- 247 ,(1982) , 10.1016/0095-0696(82)90032-8
M.S. Common, A note on the use of the Clawson method for the evaluation of recreation site benefits Regional Studies. ,vol. 7, pp. 401- 406 ,(1973) , 10.1080/09595237300185421
Charles J. Cicchetti, Anthony C. Fisher, V. Kerry Smith, An Econometric Evaluation of a Generalized Consumer Surplus Measure: The Mineral King Controversy Econometrica. ,vol. 45, pp. 1041- ,(1977) , 10.2307/1911232
Donald A. McQuarrie, Handbook of Mathematical Functions American Journal of Physics. ,vol. 34, pp. 177- 177 ,(1966) , 10.1119/1.1972842