Hits:

Indexed by:期刊论文

Date of Publication:2013-04-01

Journal:TOURISM ECONOMICS

Included Journals:SSCI、SCIE、Scopus

Volume:19

Issue:2

Page Number:415-432

ISSN No.:1354-8166

Key Words:international benefit transfer; meta-regression analysis; validity test; recreation activity valuation

Abstract:This paper analyses a large dataset based on empirical non-market valuation study results reported in the USA. The dataset is used to estimate a meta-regression model. that is applied to predict the corresponding recreation activity values in China. The convergent validity of the meta-analytical international benefit transfer is tested against observed recreation activity values in China. In the process, a relative percentage error indicator, paired t-test and the Wilcoxon signed-rank test are used. The mean benefit transfer error is 18.74%, an acceptable value for international transfer.