USING ACTUAL AND CONTINGENT BEHAVIOR DATA WITH DIFFERING LEVELS OF TIME AGGREGATION TO MODEL RECREATION DEMAND

Citation
Ta. Cameron et al., USING ACTUAL AND CONTINGENT BEHAVIOR DATA WITH DIFFERING LEVELS OF TIME AGGREGATION TO MODEL RECREATION DEMAND, Journal of agricultural and resource economics, 21(1), 1996, pp. 130-149
Citations number
20
Categorie Soggetti
Economics,"AgricultureEconomics & Policy
ISSN journal
10685502
Volume
21
Issue
1
Year of publication
1996
Pages
130 - 149
Database
ISI
SICI code
1068-5502(1996)21:1<130:UAACBD>2.0.ZU;2-5
Abstract
A model of recreation demand is developed to determine the role of wat er levels in determining participation at and frequency of trips taken to various federal reservoirs and rivers in the Columbia River Basin. Contingent behavior data are required to break the near-perfect multi collinearities among water levels at some waters. We combine demand da ta for each survey respondent at different levels of time aggregation (summer months, rest of year, and annual), and our empirical models ac commodate the natural heteroskedasticity that results. Our empirical r esults show it to be quite important to control carefully for survey n onresponse bias.