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The Sensitivity Of Travel Cost Estimates Of Recreation Demand To The Functional Form And Definition Of Origin Zones

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  • Sutherland, Ronald J.

Abstract

The travel-cost of estimating a recreation demand function requires specifying the functional form of the first-stage demand curve and defining the width of the concentric origin zones. A Monte Carlo approach is used to determine the sensitivity of demand and valuation estimates to alternative choices about these two issues. Demand and valuation estimates are shown to be sensitive to the definition of the origin zone and to the use of a semilog versus a double log first-stage demand curve. The proper choice or origin zones is unclear, but a semilog form is more appropriate than a double log form.

Suggested Citation

  • Sutherland, Ronald J., 1982. "The Sensitivity Of Travel Cost Estimates Of Recreation Demand To The Functional Form And Definition Of Origin Zones," Western Journal of Agricultural Economics, Western Agricultural Economics Association, vol. 7(1), pages 1-12, July.
    • Handle: RePEc:ags:wjagec:32416
    DOI: 10.22004/ag.econ.32416
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    References listed on IDEAS

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    1. Sutherland, Ronald J., 1982. "A regional approach to estimating recreation benefits of improved water quality," Journal of Environmental Economics and Management, Elsevier, vol. 9(3), pages 229-247, September.
    2. Cicchetti, Charles J & Fisher, Anthony C & Smith, V Kerry, 1976. "An Econometric Evaluation of a Generalized Consumer Surplus Measure: The Mineral King Controversy," Econometrica, Econometric Society, vol. 44(6), pages 1259-1276, November.
    3. V. Kerry Smith, 1975. "Travel Cost Demand Models for Wilderness Recreation: A Problem of Non-Nested Hypotheses," Land Economics, University of Wisconsin Press, vol. 51(2), pages 103-111.
    4. Burt, Oscar R & Brewer, Durward, 1971. "Estimation of Net Social Benefits from Outdoor Recreation," Econometrica, Econometric Society, vol. 39(5), pages 813-827, September.
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    Cited by:

    1. Parliament, Claudia & Merchant, James P., 1986. "Effects Of Environmental Change On Recreation Use And Value: An Application To Offshore Rigs In California," Staff Papers 14145, University of Minnesota, Department of Applied Economics.

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