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Benefits Transfer And Count Data Travel Cost Models: An Application And Test Of A Varying Parameter Approach With Guided Whitewater Rafting

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  • Bowker, James Michael
  • English, Donald B.K.
  • Bergstrom, John C.

Abstract

We combine currently popular count data methods with earlier work by Vaughan and Russell on varying parameter travel cost models to model trip demand and calculate consumer surplus. We test and reject the hypothesis that per trip consumer surplus from guided rafting is invariant to river characteristics. We then develop and test a series of benefit transfer functions against benefits derived from individual river models. Our findings suggest that this flexible form of count data model offers considerable promise as a benefit transfer function.

Suggested Citation

  • Bowker, James Michael & English, Donald B.K. & Bergstrom, John C., 1997. "Benefits Transfer And Count Data Travel Cost Models: An Application And Test Of A Varying Parameter Approach With Guided Whitewater Rafting," Faculty Series 16703, University of Georgia, Department of Agricultural and Applied Economics.
    • Handle: RePEc:ags:ugeofs:16703
    DOI: 10.22004/ag.econ.16703
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    1. Downing, Mark & Ozuna, Teofilo Jr., 1996. "Testing the Reliability of the Benefit Function Transfer Approach," Journal of Environmental Economics and Management, Elsevier, vol. 30(3), pages 316-322, May.
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    Cited by:

    1. Rosenberger, Randall S. & Stanley, Tom D., 2006. "Measurement, generalization, and publication: Sources of error in benefit transfers and their management," Ecological Economics, Elsevier, vol. 60(2), pages 372-378, December.
    2. Luke Brander & Andrea Ghermandi & Onno Kuik & Anil Markandya & Paulo A.L.D. Nunes & Marije Schaafsma & Alfred Wagtendonk, 2010. "Scaling up Ecosystem Services Values: Methodology, Applicability and a Case Study," Working Papers 2010.41, Fondazione Eni Enrico Mattei.
    3. Bal, Frans & Nijkamp, Peter, 2001. "In search of valid results in a complex economic environment: The potential of meta-analysis and value transfer," European Journal of Operational Research, Elsevier, vol. 128(2), pages 364-384, January.

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