Modeling the demand for Sicilian regional parks: A compound poisson approach

Giovanni Signorello, Jeffrey Englin, Adam Longhorn, Maria de Salvo

Research output: Contribution to journalArticle

6 Scopus citations

Abstract

This analysis examines the demand for a system of regional parks in Sicily (Italy). The analysis utilizes conventional count data methods that do not account for correlation across parks as well as a new model that allows for cross-site correlation and dispersion. In this model, the degree of dispersion and cross-site correlation is shown to evolve as individual grow older. Older individuals exhibit less dispersion and/or cross-site correlation.

Original languageEnglish (US)
Pages (from-to)327-335
Number of pages9
JournalEnvironmental and Resource Economics
Volume44
Issue number3
DOIs
StatePublished - Nov 2009
Externally publishedYes

Keywords

  • Compound poisson
  • Count model
  • Incomplete demand system
  • Travel cost

ASJC Scopus subject areas

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

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