Laserfiche WebLink
As some sections are influenced by im- <br />poundments, and therefore have slow <br />moving water, other sections are true riv- <br />erine environments. Each of the six river <br />sections is considered a separate recre- <br />ational site. <br />Since flow data are available only for <br />section 3, empirical results are derived only <br />for this section. River section 3 spans the <br />North Fork of the Feather River between <br />Rock Creek Dam and Rock Creek power <br />house. <br />The TCM model specified in this study <br />presents trips per capita as a function of <br />the travel expenses from a particular coun- <br />ty of origin to the recreational site plus <br />other monetary parameters, such as the av- <br />erage household income for the area of or- <br />igin, and a quality variable, such as fish <br />catch. The model can be specified, in time <br />series form, as: <br />TRIPS;,/POP;, = Bo • TRVCOST,," <br />INC;,BZ - CREEL B3 <br />+ u;,, (3) <br />where: <br />i = 1, ... , 57 is the number of counties <br />in California, excluding Imperial <br />County, from which no visitations <br />originated over the five-year period of <br />the study. <br />t = years from 1981 to 1985. <br />TRVCOST;, is the cost of traveling from <br />county i to river section 3 in time t. <br />INC;, is average household income in <br />county i in time t. <br />CREEL, is the aggregate number of fish <br />kept by anglers at river section 3 in <br />year t. <br />We chose to model fishing quality as to- <br />tal number of fish kept rather than catch <br />per angler day primarily because we be- <br />lieve, and other fishing research has shown <br />(Sorg et al. 1985:5), that aggregate catch <br />may be a better approximation of how an- <br />glers form their perception of a river's fish- <br />ing quality. That is, anglers form their per- <br />ceptions, concerning total fish catch, by <br />word of mouth rather than catch per unit. <br />The variable labeled TRVCOST is a func- <br />tion of round trip distance to the site, vari- <br />able vehicle expenses such as fuel and re- <br />pair costs per mile, the average number of <br />passengers per automobile, and the op- <br />portunity cost of travel in terms of a frac- <br />tion of the wage rate. TRVCOST is speci- <br />fied as follows: <br />TRVCOST;, _ ((rtdist * fuel and repair <br />costs per mile)/2.5 <br />passengers) <br />+ (rtdist,,/40 mph) <br />* ('/z * wage rate). <br />Data on fuel and repair costs for each of <br />the five years were obtained from Hertz <br />Corporation surveys (Hertz News 1981- <br />1986). To develop relative prices over the <br />period of the study, the nominal dollar fig- <br />ures were converted to real 1985 dollars. <br />The cost per mile in 1985 was 17 cents. <br />The secondary data require valuing trav- <br />el time by the "fraction of wage rate" ap- <br />proach suggested by Cesario (1976) rather <br />than more recent primary data approaches <br />suggested by Bockstael et al. (1987). The <br />value of time was calculated as one-half <br />the County specific wage rates in each of <br />the five years (California Department of <br />Finance 1986). <br />The nonlinear equation (3) is mathe- <br />matically equivalent to the nonlinear in <br />the variables double-log form. Model (3) <br />is a constant elasticity model with a hom- <br />oscedastic dependent variable. With a <br />homoscedastic dependent variable the ad- <br />ditive error term in equation (3) is accept- <br />able (Judge et al. 1985). <br />A nonlinear form is desirable for several <br />reasons. In general, taking the log of trips <br />per capita has been found to reduce het- <br />eroscedasticity (Vaughan et al. 1982; Strong <br />1983). Also, the problem of a negative pre- <br />diction of trips that can occur with a linear <br />model is avoided with certain specifica- <br />tions that are nonlinear in the variables or <br />coefficients. <br />Since the dependent variable contains <br />some zero observations, equation (3) must <br />be estimated in lieu of the semi- or double- <br />log forms. To exclude counties with zero <br />trips at some time t from the sample is <br />equivalent to excluding relevant infor- <br />mation from the sample and would add a <br />truncation bias to the coefficients (Smith <br />and Desvousges 1985). <br />Ideally, equation (3) should have a vari- <br />able for price of substitute sites as there are <br />a few substitute stream fishing areas on the <br />west side of the Sierra Nevada Mountains; <br />however, a substitute variable is not in- <br />cluded in this analysis. As Caulkins et al. <br />I NJ 26 Rivers • Volume 1, Number 1 January 1990