Use of Bootstrap Method to Obtain Reliable Parameter Estimations on Travel Cost Demand Model

We used poisson and negative binomial models to estimate future demand of recreation trips to a closed site using internet and intercept surveys. Parameter estimates were validated using 1,000 bootstrap replications. Result indicated a significant negative impact of travel time and positive impact of income on the future recreational demand.

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Year of publication:	2006
Authors:	Devkota, Nirmala ; Paudel, Krishna P. ; Hall, Larry M. ; Caffey, Rex H.
Institutions:	Southern Agricultural Economics Association - SAEA
Subject:	Resource /Energy Economics and Policy

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Extent:	application/pdf
Series:	2006 Annual Meeting, February 5-8, 2006, Orlando, Florida.
Type of publication:	Book / Working Paper
Notes:	The text is part of a series 2006 Annual Meeting, February 5-8, 2006, Orlando, Florida Number 35471
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005338196