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Participation decisions, angler welfare, and the regional economic impact of sportfishing

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Author Info
Keith Criddle
M. Herrmann
S. Lee
C. Hamel

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Abstract

Data from a stated preference survey of anglers who fished in marine waters off the Kenai Peninsula, Alaska, are used to model angler participation, angler welfare, and regional economic activity. The probability of taking a sportfishing trip is represented as a nonlinear function of predictable or controllable trip attributes and demographic characteristics. Conditional individual probabilities are aggregated into estimates of total recreation demand and compensating variation using a simulation-based sample enumeration, weighted to reflect differences in participant motivation. A regionally adjusted zip code-level input-output model is used to represent the level of primary and secondary expenditures conditioned on participation. This approach results in a behaviorally based integrated model for exploring the changes in angler welfare and regional economic activity occasioned by changes in the demand for sportfishing that arise from changes in trip costs or the expected number, size, or mix of species caught. Because the model allows for nonlinear marginal utility, and substitution and complementary effects across attributes, participation rates, angler welfare, and the magnitude of regional economic activities exhibit nonlinear responses to variations in trip attributes.

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File URL: ftp://repec.bus.usu.edu/RePEc/usu/pdf/ERI2001-13.pdf
File Format: application/pdf
File Function: First version, 2001
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Publisher Info
Paper provided by Utah State University, Department of Economics in its series Working Papers with number 2001-13.

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Length: 22 pages
Date of creation: May 2001
Date of revision:
Handle: RePEc:usu:wpaper:2001-13

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Related research
Keywords: recreational demand; angler welfare; regional economic impacts;

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References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
  1. Krinsky, Itzhak & Robb, A Leslie, 1986. "On Approximating the Statistical Properties of Elasticities," The Review of Economics and Statistics, MIT Press, vol. 68(4), pages 715-19, November. [Downloadable!] (restricted)
  2. Gary Chamberlain, 1982. "Analysis of Covariance With Qualitative Data," NBER Working Papers 0325, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
  3. Leung, Pingsun & Pooley, Sam, 2001. "Regional Economic Impacts Of Reductions In Fisheries Production: A Supply-Driven Approach," Marine Resource Economics, Marine Resources Foundation, vol. 16(4). [Downloadable!]
  4. Charles Hamel & Hans T. Geier & Mark Herrmann & Keith R. Criddle & S. Todd Lee, 2002. "Linking sportfishing trip attributes, participation decisions, and regional economic impacts in Lower and Central Cook Inlet, Alaska," The Annals of Regional Science, Springer, vol. 36(2), pages 247-264. [Downloadable!] (restricted)
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  5. Butler, J S & Moffitt, Robert, 1982. "A Computationally Efficient Quadrature Procedure for the One-Factor Multinomial Probit Model," Econometrica, Econometric Society, vol. 50(3), pages 761-64, May. [Downloadable!] (restricted)
  6. Guilkey, David K. & Murphy, James L., 1993. "Estimation and testing in the random effects probit model," Journal of Econometrics, Elsevier, vol. 59(3), pages 301-317, October. [Downloadable!] (restricted)
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(explanations, Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.)

  1. Abbott, Joshua K. & Wilen, James E., 2008. "Rent Dissipation in Chartered Recreational Fishing: Inside the Black Box," 2008 Annual Meeting, July 27-29, 2008, Orlando, Florida 6521, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association). [Downloadable!]
  2. Devkota, Nirmala & Fannin, J. Matthew & Paudel, Krishna P., 2006. "Economic Impact Estimation Using Bootstrap Samples Obtained From Internet And Intercept Survey Data," 2006 Annual meeting, July 23-26, Long Beach, CA 21150, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association). [Downloadable!]
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