The accumulation of studies on outdoor recreation demand creates an opportunity to apply the growing science of reviewing research for purposes of benefit transfer. The process involves developing an understanding of the variables that explain the observed difference in estimates. This paper illustrates how the results of previous studies could be adjusted to develop some tentative estimates of nonmarket values for future policy analysis. Also, the evaluation of some potentially important variables should help improve statistical analysis and the allocation of resources to new studies. The challenge is to build each subsequent work on the knowledge gained from previous ones.In this experimental phase, there is a need to examine additional variables that might conceivably be more important than those considered in the past.
17-24, 1990b.
White, H., A heteroscedasticity-consistent covariance matrix esti-mator and a direct test for heteroscedasticity, Econometrica, 48(4), 817-838, 1980.
The purpose of this article is to develop and apply a statistical procedure to estimate a demand function for the recreation activity of pleasure driving or sightseeing by car on scenic river highways in the Rocky Mountains. The consumptive value of travel time is related to several variables which can be influenced bypromotional and service programs to improve quality of the driving experience. The article presents new information on demand and benefit to assist the travel industry in the evaluation of programs to expand and enhance America's scenic road system.
[1] An alternate travel cost model is applied to an on-site sample to estimate the value of flat water recreation on the impounded lower Snake River. Four contiguous reservoirs would be eliminated if the dams are breached to protect endangered Pacific salmon and steelhead trout. The empirical method applies truncated negative binomial regression with adjustment for endogenous stratification. The two-stage decision model assumes that recreationists allocate their time among work and leisure prior to deciding among consumer goods. The allocation of time and money among goods in the second stage is conditional on the predetermined work time and income. The second stage is a disequilibrium labor market which also applies if employers set work hours or if recreationists are not in the labor force. When work time is either predetermined, fixed by contract, or nonexistent, recreationists must consider separate prices and budgets for time and money.
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