Addressing aggregation bias in zonal recreation models.

Models of recreation demand are often based on zonal data. Results from such models are susceptible to aggregation bias. We propose a zonal model of recreation that captures some of the underlying heterogeneity of individual visitors by incorporating distributional information on per-capita income f...

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Publicado en:Journal of Environmental Economics & Management Vol. 45; no. 1; pp. 128 - 145
Autor principal: Moeltner, Klaus
Formato: Artículo
Publicado: Academic Press Inc. January 2003
Materias:
Acceso en línea:Ver este registro en EBSCOhost
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      pub: Academic Press Inc.
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        513163497
        10.1016/S0095-0696(02)00014-1
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        atl: Addressing aggregation bias in zonal recreation models.
      aug:
        au: Moeltner, Klaus
      su:
        Aggregation (Statistics)
        Econometric models
        Mathematical models
        Recreation
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        subj:
          Aggregation (Statistics)
          Econometric models
          Mathematical models
          Recreation
      ab: Models of recreation demand are often based on zonal data. Results from such models are susceptible to aggregation bias. We propose a zonal model of recreation that captures some of the underlying heterogeneity of individual visitors by incorporating distributional information on per-capita income from census sources into the aggregate demand function. This adjustment eliminates the unrealistic constraint of constant income across zonal residents, and thus reduces the risk of aggregation bias in estimated parameters. In addition, the corrected aggregate specification reinstates the applicability of generalized maximum-likelihood methods, and increases model efficiency. Reprinted by permission of the publisher.
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    language: English
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