English, Article, Journal or magazine article edition: ESTIMATING DEMAND FOR RECREATIONAL FISHING IN ALABAMA USING TRAVEL COST MODEL Ojumu, Oluwagbemiga; Hite, Diane; Fields, Deacue

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Bookmark: http://trove.nla.gov.au/version/209308
Physical Description
  • preprint
Language
  • English

Edition details

Title
  • ESTIMATING DEMAND FOR RECREATIONAL FISHING IN ALABAMA USING TRAVEL COST MODEL
Author
  • Ojumu, Oluwagbemiga
  • Hite, Diane
  • Fields, Deacue
Physical Description
  • preprint
Notes
  • Individuals and households reveal their willingness to pay to enjoy environmental and natural resource services by engaging in outdoor recreation activities. The state of Alabama and the Black-Belt region possess significant recreational fishing resources whose qualities could be improved through public and private management innovations. To measure the value of such interventions, a baseline estimate of recreational fishing demand and potential for increasing the demand by on-site improvements needs to established. Using direct mail survey, count data obtained on individual angler characteristics, expenditures on fishing equipment, and destinations and expenditures on time and travel for each trip taken. In addition, the kinds and quantities of fish that anglers sought on each trip were obtained. This paper employs a full a full economic analysis based on recreation demand modelsâa.k.a. Travel Cost models (TCM). The travel costsâ Negative Binomial regression reveals that the average number of fishing days demanded is 33.17days, while other demographic and site characteristics have varying effects on the number of fishing days demanded.
  • Recreation, Negative-Binomial, Agricultural and Food Policy, Community/​Rural/​Urban Development, Consumer/​Household Economics, Demand and Price Analysis, Environmental Economics and Policy, Public Economics,
  • RePEc:ags:saeana:46858
Language
  • English
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