Recreation demand analysis under truncation, overdispersion, and endogenous stratification: an application to Gros Morne National Park.
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 selected model accounts not only for the truncated and overdispersed nature of the data but also for endogenous stratification due to the oversampling of avid users. Moreover, the model that allows for a 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.
Martínez-Espiñeira
Roberto
R
Department of Economics, St Francis Xavier University PO Box 5000, Antigonish NS Canada B2G 2W5. rmespi@stfx.ca
Amoako-Tuffour
Joe
J
D003247:Conservation of Natural Resources; D008962:Models, Theoretical; D009523:Newfoundland and Labrador; D016012:Poisson Distribution; D011998:Recreation