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Valuing Outdoor Recreation Activities Using a Meta-Analysis Model in China: An Empirical Study

Author

Listed:
  • Erda Wang

    (Institute of Human Resource and Tourism Management, School of Business Management, Dalian University of Technology, No 2 Linggong Road, Dalian 116023, PR China)

  • Ling Zhao

    (School of Business Management, Dalian University of Technology, Dalian, PR China)

  • Ying Zhou

    (School of Business Management, Dalian University of Technology, Dalian, PR China)

  • Bertis B. Little

    (Center for Agribusiness Excellence, Tarleton State University, Texas A&M University System, Stephenville, TX, USA)

Abstract

This paper analyses a large dataset based on empirical non-market valuation study results reported in the USA. The dataset is used to estimate a meta-regression model that is applied to predict the corresponding recreation activity values in China. The convergent validity of the meta-analytical international benefit transfer is tested against observed recreation activity values in China. In the process, a relative percentage error indicator, paired t -test and the Wilcoxon signed-rank test are used. The mean benefit transfer error is 18.74%, an acceptable value for international transfer.

Suggested Citation

  • Erda Wang & Ling Zhao & Ying Zhou & Bertis B. Little, 2013. "Valuing Outdoor Recreation Activities Using a Meta-Analysis Model in China: An Empirical Study," Tourism Economics, , vol. 19(2), pages 415-432, April.
    • Handle: RePEc:sae:toueco:v:19:y:2013:i:2:p:415-432
    DOI: 10.5367/te.2013.0207
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    References listed on IDEAS

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