28
Table 4. Price, Income, and Quality Elasticity Estimates
|
Elasticity of Trips to |
__________With Respect to Price at |
With Respect | ||
|
Point Reyes Half Moon |
Monterey | |||
|
Point Reyes |
-0.1009 |
-0.0336 |
0.1960 |
6.1263 |
|
(0.0230)+ |
(0.0071) |
(0.0284) |
(0.104) | |
|
Half Moon |
-0.0884 |
-0.1193 |
0.0767 |
3.7578 |
|
(0.0275) |
(0.0294) |
(0.0155) |
(0.032) | |
|
Monterey |
0.2095 |
0.1499 |
-0.5571 |
-14.1127 |
|
(0.0448) |
(0.0265) |
(0.1503) |
(1.262) | |
|
Elasticity of Trips to |
_______With Respect to Expected Sightings at______ | ||
|
Point Reyes |
Half Moon |
Monterey | |
|
Point Reyes |
0.0612 |
0.0000 |
0.0015 |
|
(0.0053) |
(9.62E-06) |
(0.0002) | |
|
Half Moon |
0.0004 |
0.0052 |
0.0007 |
|
(7.22E-05) |
(0.0008) |
(0.0001) | |
|
Monterey |
-0.0021 |
-0.0001 |
0.0961 |
|
(0.0005) |
(3.37E-05) |
(0.0216) | |
+ Standard errors of the means in parentheses
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