SITE BY USING INDIVIDUAL TRAVEL COST SINGLE PURPOSE METHOD; CASE STUDY: DARBAND AREA IN TEHRAN

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KHOSHAKHLAGH RAHMAN; SAFAEIFARD SEYED VAHID; VARSHOSAZ BEHNAZ

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Journal: Financial Economics Year:2014 | Volume:8 | Issue:27 Page(s): 107-126

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Title

SITE BY USING INDIVIDUAL TRAVEL COST SINGLE PURPOSE METHOD; CASE STUDY: DARBAND AREA IN TEHRAN

Author(s)

KHOSHAKHLAGH RAHMAN | SAFAEIFARD SEYED VAHID | VARSHOSAZ BEHNAZ | Issue Writer Certificate

Keywords

RECREATION VALUEQ2

INDIVIDUAL TRAVEL COST METHODQ2

DARBAND AREAQ2

NEGATIVE BINOMINAL DISTRIBUTIONQ2

Abstract

The goods and services which are being provided by the outdoor recreational places for the humans will be in the range of goods and services that the relevant markets are not able to value them; for this reason, non market valuation methods will be used in order to value or evaluate them (services and goods). One of the methods which were used for valuing these places by the economic researchers during the recent years is the INDIVIDUAL TRAVEL COST METHOD. The aim of this paper is to evaluate the recreational value of Darband site in Tehran by using the approach of individual travel cost single purpose. For this reason, 385 questionnaires were distributed within this site among the visitors and by using the obtained information, visit demand function of this site was estimated. Based on the features of data, count models in order to evaluate the travel demand function to Darband was estimated and among the non-continuous distributions, the negative binomial distribution based on the numerical value of dispersion parameter in this sample was chosen. At the end, the recreational value of this site for different models as; in lieu of each visit by each visitor; 189-617 thousands Rials, in lieu of each visitor in a year; 1.239-4.031 millions Rials and the annual recreational value of this site; 543-2316 billions Rials shows the high value of this place or site for the visitors.

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APA: Copy

KHOSHAKHLAGH, RAHMAN, SAFAEIFARD, SEYED VAHID, & VARSHOSAZ, BEHNAZ. (2014). SITE BY USING INDIVIDUAL TRAVEL COST SINGLE PURPOSE METHOD; CASE STUDY: DARBAND AREA IN TEHRAN. JOURNAL OF FINANCIAL ECONOMICS (FINANCIAL ECONOMICS AND DEVELOPMENT), 8(27), 107-126. SID. https://sid.ir/paper/229177/en

Vancouver: Copy

KHOSHAKHLAGH RAHMAN, SAFAEIFARD SEYED VAHID, VARSHOSAZ BEHNAZ. SITE BY USING INDIVIDUAL TRAVEL COST SINGLE PURPOSE METHOD; CASE STUDY: DARBAND AREA IN TEHRAN. JOURNAL OF FINANCIAL ECONOMICS (FINANCIAL ECONOMICS AND DEVELOPMENT)[Internet]. 2014;8(27):107-126. Available from: https://sid.ir/paper/229177/en

IEEE: Copy

RAHMAN KHOSHAKHLAGH, SEYED VAHID SAFAEIFARD, and BEHNAZ VARSHOSAZ, “SITE BY USING INDIVIDUAL TRAVEL COST SINGLE PURPOSE METHOD; CASE STUDY: DARBAND AREA IN TEHRAN,” JOURNAL OF FINANCIAL ECONOMICS (FINANCIAL ECONOMICS AND DEVELOPMENT), vol. 8, no. 27, pp. 107–126, 2014, [Online]. Available: https://sid.ir/paper/229177/en

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