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

Devkota, Nirmala; Paudel, Krishna P.; Hall, Larry M.; Caffey, Rex H.
2006
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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.

Title
Use of Bootstrap Method to Obtain Reliable Parameter Estimations on Travel Cost Demand Model
Author(s)
Devkota, Nirmala
Paudel, Krishna P.
Hall, Larry M.
Caffey, Rex H.
Subject(s)
Issue Date
2006
Publication Type
Conference Paper/ Presentation
Digital Object Identifier
https://doi.org/10.22004/ag.econ.35471
Record Identifier
https://ageconsearch.umn.edu/record/35471
PURL Identifier
http://purl.umn.edu/35471
Language
English
Total Pages
20
Series Statement
Selected Paper
Record Appears in
Southern Agricultural Economics Association (SAEA) > 2006 Annual Meeting, February 5-8, 2006, Orlando, Florida

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