Peer-Reviewed Journal Details
Mandatory Fields
Hynes, S;Greene, W
2013
February
Land Economics
A Panel Travel Cost Model Accounting for Endogenous Stratification and Truncation: A Latent Class Approach
Published
WOS: 17 ()
Optional Fields
RECREATIONAL DEMAND MODELS STATED PREFERENCE DATA COUNT DATA MODELS WHITEWATER KAYAKING REGRESSION CONTINGENT BEHAVIOR TIME SELECTION IRELAND
89
177
192
In this paper, we develop a panel data negative binomial count model that corrects for endogenous stratification and truncation. We also incorporate a latent class structure into our panel specification, which assumes that the observations are drawn from a finite number of segments, where the distributions differ in the intercept and the coefficients of the explanatory variables. The paper argues that count data panel models corrected for on-site sampling may still be inadequate and potentially misleading if the population of interest is heterogeneous with respect to the impact of the chosen explanatory variables.
0023-7639
Grant Details
Publication Themes