文章基本信息

标题：A WHALE OF A GOOD TIME: EXPLORING FLEXIBILITY IN THE RECREATION DEMAND MODEL
本地全文：下载
作者：Shaikh, Sabina L.
期刊名称：Journal of Food Distribution Research
印刷版ISSN：0047-245X
出版年度：1998
期号：SUPPL
出版社：Food Distribution Research Society
摘要：This research seeks to produce more robust, less biased estimates from the two-constraintrecreation demand model by applying globally flexible estimation techniques to travel cost data forCalifornia whale watching trips. While locally flexible functional forms do improve uponpreviously used restrictive forms imposed for estimation of travel cost models, specification errorsoccur unless the chosen form happens to coincide with the true unknown underlying form. Aglobally flexible functional form can consistently approximate the true function and its derivativesfor all points in the sample range. This paper seeks to reduce specification error and improveaccuracy of estimates from the two-constraint recreation demand model by using a globallyflexible functional form.