Carnarvon Gorge: a comment on the sensitivity of consumer surplus estimation

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dc.creatorChotikapanich, Duangkamon
dc.creatorGriffiths, William E.
dc.date2017-04-01T13:49:04Z
dc.date.accessioned2026-07-09T05:49:08Z
dc.descriptionBeal’s (1995) method of estimating the value of Carnarvon Gorge for recreational use is re‐examined. When an inconsistency in her estimation procedure is corrected, the estimated value of Carnarvon Gorge for camping is found to be six times higher. The sensitivity of the estimate to the choice of functional form is examined, and standard errors and interval estimates for consumer surplus are provided. Comments are made about functional form choice and prediction in log‐log models.
dc.identifierdoi:10.22004/ag.econ.117233
dc.identifierhttps://ageconsearch.umn.edu/record/117233/files/1467-8489.00049.pdf
dc.identifierhttp://ageconsearch.umn.edu/record/117233
dc.identifier.urihttp://hdl.handle.net/123456789/568762
dc.languageeng
dc.publisher
dc.sourcehttp://ageconsearch.umn.edu/record/117233
dc.titleCarnarvon Gorge: a comment on the sensitivity of consumer surplus estimation
dc.typeText

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