모형적합도 검정을 통한 여행비용모형 추정에 관한 연구: 역사유산 관광자원을 중심으로 = Estimation of the Appropriate Travel Cost Model: A Diagnostic Analysis

다국어 초록 (Multilingual Abstract)

The purpose of this study is to estimate the appropriate model of travel
cost method using the diagnostic analysis. The travel cost model which was
estimated through OLS method was transformed to fit with FGLS and AR(1)
models. The researchers also estimate the consumer surplus of the historic
heritage visitor resources, the Warwick Castle in UK, using zonal TCM and
individual TCM. From the on-site survey, the results show the valuation
using ITCM is significantly greater than ZTCM. In addition, the CS result
proved that the original OLS model was different from the transformed model.
In conclusion, writers indicate that selection of functional form of demand
equations is important in estimating consumer surplus.

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