Multi-destination and multi-purpose trip effects in the analysis of the demand for trips to a remote recreational site
One of the basic assumptions of the travel cost method for recreational demand analysis is that the travel cost is always incurred for a single purpose recreational trip. Several studies have skirted around the issue with simplifying assumptions and dropping observations considered as non-conventional holiday-makers or as non-traditional visitors from the sample. The effectof such simplifications on the benefit estimates remains conjectural. Given the remoteness of notable recreational parks, multi-destination or multi-purpose trips are not uncommon. This paper examines the consequences of allocating travel costs to a recreational site when some trips were taken for purposes other than recreation and/or included visits to other recreational sites. Using a multi-purpose weighting approach on data from Gros Morne National Park, Canada, we conclude that a proper correction for multi-destination or multi-purpose trip is more of what is needed to avoid potential biases in the estimated effects of the price (travel-cost) variable and of the income variable in the trip generation equation.
Year of publication: |
2008
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Authors: | Martinez-Espineira, Roberto ; Amoako-Tuffour, Joe |
Publisher: |
Brussels : Economics and Econometrics Research Institute (EERI) |
Subject: | Travel cost method | multi-purpose trips | multi-destination trips | count data | consumer surplus | endogenous stratification |
Saved in:
freely available
Series: | EERI Research Paper Series ; 19/2008 |
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Type of publication: | Book / Working Paper |
Type of publication (narrower categories): | Working Paper |
Language: | English |
Other identifiers: | 866113002 [GVK] hdl:10419/142530 [Handle] RePEc:eei:rpaper:EERI_RP_2008_19 [RePEc] |
Classification: | Q26 - Recreational Aspects of Natural Resources ; C24 - Truncated and Censored Models |
Source: |
Persistent link: https://www.econbiz.de/10011496071