A structural equations approach to modeling consumptive recreation demand

Jeffrey Englin, David Lambert, W. Douglass Shaw

Research output: Contribution to journalArticle

40 Scopus citations

Abstract

In this analysis we develop a two equation structural model of a count travel cost model of recreational angling demand and angling success. By modeling the two equations jointly we avoid the difficulties associated with the usual approach which estimates the demand for recreational fishing sites assuming the existence of an exogenous measure of fishing quality. Our analysis explicitly develops the joint log likelihood function that combines the two processes. We estimate our model using full information maximum likelihood methods.

Original languageEnglish (US)
Pages (from-to)33-43
Number of pages11
JournalJournal of Environmental Economics and Management
Volume33
Issue number1
DOIs
StatePublished - May 1997
Externally publishedYes

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ASJC Scopus subject areas

  • Economics and Econometrics
  • Management, Monitoring, Policy and Law

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