The Economic Impact of Tourism in Xinghai Park, China: A Travel Cost Value Analysis Using Count Data Regression Models

Abstract

Using the travel cost method, the authors measure the recreational trip value of Xinghai Park in Dalian, China. They compare nonlinear, truncated Poisson and truncated negative-binomial count data models to estimate recreational trip demand. The economic values of recreational trips in terms of consumer surplus (CS) are derived from each model. They estimate the CS values at between RMB ¥493

Modelling count response variables in informetric studies: Comparison among count, linear, and lognormal regression models

“…For example, in health-related studies, count regression models have been used to model the number of incidents of physical aggression or substance abuse (Gagnon, Doron-LaMarca, Bell, O'Farrell, & Taft, 2008), the number of malaria cases (Achcar, Martinez, Pires de Souza, Tachibana, & Flores, 2011), the number of medically attended childhood injuries (Karazsia & van Dulmen, 2008), number of health benefits received per patient (Czado, Schabenberger, & Erhardt, 2014), and number of sub-health symptoms (Xu, Li, & Chen, 2011). In other fields of study, they have also been used to estimate recreational trip demands (Wang, Li, Little, & Yang, 2009), number of auto insurance claims (Meng, 2009), number of roadway accidents (Nassiri, Najaf, & Amiri, 2014), and number of hardware failures or occurrences of disease or death (Gulkema & Goffelt, 2008).…”

Valuing Recreation in the Coorong, Australia, with Travel Cost and Contingent Behaviour Models*

“…However, the corrected model presented by Englin and Shonkwiler (1995) is rarely applied in case study analysis because most statistical programmes do not include the routine. Instead, the use of truncated negative binomial models provides a convenient alternative as it generates very similar welfare estimates (Yen & Adamowicz, 1993;Shrestha et al, 2002;Martinez-Espineira & Amoako-Tuffour, 2008;Wang et al, 2009). The model is applied by truncating the visit rate at 0.…”

“…Instead, the use of truncated negative binomial models provides a convenient alternative as it generates very similar welfare estimates (Yen & Adamowicz, 1993; Shrestha et al. , 2002; Martinez‐Espineira & Amoako‐Tuffour, 2008; Wang et al. , 2009).…”

Social Valuation and Repeat Visitation of Grey Nomads in Regional Queensland of Australia

“…This article uses TC incorporated in a negative binomial model. The TC method has been used to value several outdoor recreational activities (Beal, 1995;Knapman & Stanley, 1991;Wang, Li, Little, & Yang, 2009;Whitten & Bennet, 2002). It is well grounded in consumer theory and has the ability to represent consumer choice and preferences (Haab & McConnell, 2002).…”