Measuring the Social Recreation Per-Day Net Benefit of Wildlife Amenities of a National Park: A Count-Data Travel Cost Approach
By CostBenefit on Nov 15, 2009 | In Latin America, Academic Study/Journal Article, Preservation & Open Space, Travel Cost Method, Costs and Benefits, Recreation, Free Report at Time of Entry | Send feedback »
Link: http://pascal.iseg.utl.pt/~depeco/wp/wp352009.pdf
Abstract. Isabel Mendes and Isabel Proença applied count-data travel cost methods to a truncated sample of visitors, to estimate the average CS per each day of visit of an individual, visiting the Peneda- Gerês National Park to enjoy their natural facilities for recreation purposes. As the recreation demand was measured in number of days of stay in the park the behaviour of the dependent variable is very specific. To overcome this situation, the authors propose the use of altered truncated count data models or truncated count data models on grouped data because they found they were better adjusted to our data set. The average individual CS per day is estimated to be €194 varying between €116 and €448, with Simulated Limits. This information is useful in the formulation of government policy relating directly to national parks and conservation and the determination of future natural park management. To our knowledge this is the first attempt to measure the average recreation net benefits per each day of stay supported by a national park, by using truncated altered and truncated grouped count data Travel Cost Model based on the observation of individual (not household) number of days of stay.
by Isabel Mendes and Isabel Proença both of the ISEG - Instituto Superior de Economia e Gestão/SOCIUS – Research Center in Economic and Organizational Sociology, Technical University of Lisbon, Rua Miguel Lupi, 20, 1249-078 Lisbon, Portugal; e-mail: midm@iseg.utl.pt)
ISEG - Instituto Superior de Economia e Gestão / CEMAPRE, Technical University of
Lisbon School of Economics and Management www.iseg.utl.pt)
Working Paper 35/2009/DE/SOCIUS
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