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on Tourism Economics |
| By: | John C. Whitehead; Peter A. Groothuis; Rob Southwick |
| Abstract: | In this paper we propose an alternative model for linking revealed preference and stated preference models of recreation when a single travel cost measure is difficult to obtain. We show that this model can be used to test convergent validity and offers an alternative scope test that does not rely on split-sample contingent valuation scenarios. Our results are mixed. In three of four models the inclusive value is negatively related to the willingness to donate but unrelated to the willingness to pay. This result suggests that recreation nonusers hold nonuse values while recreation users do not hold nonuse values. |
| Date: | 2007 |
| URL: | http://d.repec.org/n?u=RePEc:apl:wpaper:07-09&r=tur |
| By: | David I. Matthews (Agri-Food and Biosciences Institute); Ricardo Scarpa (University of Waikato); W. George Hutchinson (Queen’s University Belfast) |
| Abstract: | We examine the stability of the benefit transfer function across 42 recreational forests in the British Isles. A working definition of reliable function transfer is put forward, and a suitable statistical test is provided. The test is based on the sensitivity of the model log-likelihood to removal of individual forest recreation sites. We apply the proposed methodology on discrete choice contingent valuation data and find that a stable function improves our measure of transfer reliability, but not by much. We conclude that, in empirical studies on transferability, function stability considerations are secondary to the availability and quality of site attribute data. Modellers’ can study the advantages of transfer function stability vis-à-vis the value of additional information on recreation site attributes. |
| Keywords: | Benefit function transfer ; Function stability tests; Transfer reliability Forest recreation values; Contingent Valuation; Split sample |
| JEL: | Q26 H41 C25 |
| Date: | 2007–05–25 |
| URL: | http://d.repec.org/n?u=RePEc:wai:econwp:07/08&r=tur |