TRUNCATION, OVERDISPERSION AND ENDOGENOUS STRATIFICATION IN THE RECREATION DEMAND MODELS
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00216208%3A11690%2F11%3A10133464" target="_blank" >RIV/00216208:11690/11:10133464 - isvavai.cz</a>
Result on the web
<a href="http://msed.vse.cz/files/2011/Melichar.pdf" target="_blank" >http://msed.vse.cz/files/2011/Melichar.pdf</a>
DOI - Digital Object Identifier
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Alternative languages
Result language
angličtina
Original language name
TRUNCATION, OVERDISPERSION AND ENDOGENOUS STRATIFICATION IN THE RECREATION DEMAND MODELS
Original language description
In this paper, we investigate and compare several truncated count data models of travel cost recreation demand. Using on-site data from Jizerske hory Landscape Protection Area in the Czech Republic, we derive the single site recreation demand model witha Poisson and a Negative Binominal specification. The models account for the truncated and overdispersed nature of the data, we also treat the problem of endogenous stratification due to the oversampling of more frequent recreation users. We also use themore flexible approach that allows the overdispersion parameter to vary according to the characteristics of the visitors and we compare it with the more restrictive approach. The results show that the negative binomial model that accounts for truncationand endogenous stratification provides the better goodness-of-fit. If don't correct overdispersion by relying on Poisson estimates, the consumer surplus will be underestimated. If we account for endogenous stratification, the consumer su
Czech name
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Czech description
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Classification
Type
D - Article in proceedings
CEP classification
AH - Economics
OECD FORD branch
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Result continuities
Project
<a href="/en/project/1R56014" target="_blank" >1R56014: Monetary valuation of recreational and aesthetical functions of forest in the Czech Republic</a><br>
Continuities
P - Projekt vyzkumu a vyvoje financovany z verejnych zdroju (s odkazem do CEP)
Others
Publication year
2011
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Article name in the collection
International Days of Statistics and Economics.Conference Proceedings
ISBN
978-80-86175-77-5
ISSN
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e-ISSN
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Number of pages
13
Pages from-to
390-402
Publisher name
University of Economics
Place of publication
Praha
Event location
Praha
Event date
Sep 22, 2011
Type of event by nationality
WRD - Celosvětová akce
UT code for WoS article
000313565200039