Daily fluctuations in campground use: an econometric analysis [Recreation]

Many recreation activities are characterized by fluctuating use levels over time. This paper presents a theoretical and quantitative analysis of fluctuations in campground use series. Theoretical use functions are specified as the reduced form of a demand and supply system, where the derived demand for campground use is based upon the household production approach to consumer demand theory. A pooled time-series cross-section econometric use model is specified, and its estimated parameters are presented. In addition, campground use series are modeled incorporating Box-Jenkins time-series analysis techniques. Econometric predictions are more accurate relative to autoregressive-integrated-moving-average (ARIMA) predictions.