Showing 1 - 10 of 28
An alternative methodology for determining marginal willingness to pay values for recreational fishing trips is developed based on inverse demand systems and the distance function. Our empirical application uses joint estimation of several species-specific site equations from a recreation...
Persistent link: https://www.econbiz.de/10005525931
Theoretical restrictions implied by the two-constraint recreation demand model are developed. The structure necessary to specify empirical models shows that most current models of recreation incorporate time in a manner inconsistent with theory. Results are applicable to all recreationists and...
Persistent link: https://www.econbiz.de/10005525948
How researchers treat the opportunity cost of time substantially influences recreation demand parameter and welfare estimates. This paper presents a utility-theoretic and implementable approach, estimating the shadow value of time jointly with recreation demands for coastal activities, using a...
Persistent link: https://www.econbiz.de/10005460284
Persistent link: https://www.econbiz.de/10005804764
The varying researcher assumptions about model specification in nested-logit random utility models can have significant effects on model estimates and corresponding welfare measures. Using a three-level nested-logit model of Oregon marine sport fishing, we estimate and compare several models...
Persistent link: https://www.econbiz.de/10005807730
Multiproduct, multispecies revenue functions are estimated for the midwater and bottom-trawl pollock fisheries off Alaska. There are strong year and seasonal effects on coefficient estimates, and the technology is joint in outputs for each major operation type. The model is a step toward...
Persistent link: https://www.econbiz.de/10005338771
This research seeks to produce more robust, less biased estimates from the two-constraint recreation demand model by applying globally flexible estimation techniques to travel cost data for California whale watching trips. While locally flexible functional forms do improve upon previously used...
Persistent link: https://www.econbiz.de/10009443533
This research examines effects of various factors on participation in agricultural tree plantations for economic, environmental, social and carbon-uptake purposes. Using survey data from 2000 mail surveys of Canadian farmers, a discrete choice random utility analysis is used to determine...
Persistent link: https://www.econbiz.de/10005503602
Using a survey of western Canadian agricultural landowners, we examine the cost and viability of two distinct afforestation options for carbon-uptake purposes. Responses to two separate, but most-likely related willingness to accept compensation questions are elicited using the contingent...
Persistent link: https://www.econbiz.de/10005805955
This research seeks to produce more robust, less biased estimates from the two-constraint recreation demand model by applying globally flexible estimation techniques to travel cost data for California whale watching trips. While locally flexible functional forms do improve upon previously used...
Persistent link: https://www.econbiz.de/10005807332