Modeling Recreation Demand in a Poisson System of Equations: An Analysis of the Impact of International Exchange Rates

9 Pages Posted: 31 Mar 2020

See all articles by Jeffrey Englin

Jeffrey Englin

affiliation not provided to SSRN

Peter Boxall

University of Alberta - Faculty of Agriculture, Forestry & Home Economics

David Watson

Government of Canada - Canadian Forest Service

Date Written: May 1998

Abstract

We extend count data travel cost modeling by developing a utility theoretic system of semilogarithmic recreation demand equations. The restrictions required to make the system utility theoretic are applied during estimation. The model is applied to individual wilderness recreation trips in a system of four Canadian wilderness parks. The resulting demand system is used to examine the impacts of changing U.S.‐Canadian currency exchange rates on participation and welfare of U.S. recreationists.

Keywords: demand systems, economic development, Poisson, travel cost, F310, Q260

Suggested Citation

Englin, Jeffrey and Boxall, Peter and Watson, David, Modeling Recreation Demand in a Poisson System of Equations: An Analysis of the Impact of International Exchange Rates (May 1998). American Journal of Agricultural Economics, Vol. 80, Issue 2, pp. 255-263, 1998, Available at SSRN: https://ssrn.com/abstract=3563761 or http://dx.doi.org/10.2307/1244498

Jeffrey Englin (Contact Author)

affiliation not provided to SSRN

No Address Available

Peter Boxall

University of Alberta - Faculty of Agriculture, Forestry & Home Economics ( email )

Edmonton, Alberta
Canada

David Watson

Government of Canada - Canadian Forest Service

Canada

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