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Travel Cost Models, Heteroskedasticity, And Sampling

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  • Rosenthal, Donald H.
  • Anderson, Jana C.

Abstract

Using theoretical derivations, it is shown that collecting data on individuals' visitation rates to a recreation site by each of these methods: (1) on-site sampling of visits; (2) sampling individuals surrounding the recreations site; and (3) sampling license holders, results in three unique heteroskedacity problems. A different weighted least squares approach is offered in each case when estimating the visits per capita-travel cost relationship in zonal travel cost models. Furthermore, to the extent that individuals within an origin zone face different prices, there is an inherent aggregation bias when estimating consumer surplus.

Suggested Citation

  • Rosenthal, Donald H. & Anderson, Jana C., 1984. "Travel Cost Models, Heteroskedasticity, And Sampling," Western Journal of Agricultural Economics, Western Agricultural Economics Association, vol. 9(1), pages 1-8, July.
    • Handle: RePEc:ags:wjagec:32368
    DOI: 10.22004/ag.econ.32368
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    References listed on IDEAS

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    1. Barr, Terry N. & Horrell, James F., 1976. "Least Squares Robustness When The Error Term Is Misspecified In Cobb-Douglas Type Functions," Journal of Agricultural Economics Research, United States Department of Agriculture, Economic Research Service, vol. 28(4), pages 1-10, October.
    2. Jens B. Christensen & Colin Price, 1982. "A Note on the Use of Travel Cost Models with Unequal Zonal Populations: Comment," Land Economics, University of Wisconsin Press, vol. 58(3), pages 395-399.
    3. William G. Brown & Colin Sorhus & Bih-lian Chou-Yang & Jack A. Richards, 1983. "Using Individual Observations to Estimate Recreation Demand Functions: A Caution," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 65(1), pages 154-157.
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