Participation decisions, angler welfare, and the regional economic impact of sportfishing
AbstractData 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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Bibliographic InfoPaper provided by Utah State University, Department of Economics in its series Working Papers with number 2001-13.
Length: 22 pages
Date of creation: May 2001
Date of revision:
recreational demand; angler welfare; regional economic impacts;
Other versions of this item:
- Criddle, Keith R. & Herrmann, Mark & Hamel, Charles & Lee, S. Todd, 2003. "Participation Decisions, Angler Welfare, And The Regional Economic Impact Of Sportfishing," Marine Resource Economics, Marine Resources Foundation, vol. 18(4).
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.:
- 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.
- C. Hamel & M. Herrmann & S. Lee & Keith Criddle & H. Geier, . "Linking sportfishing trip attributes, participation decisions, and regional economic impacts in Lower and Central Cook Inlet, Alaska," Working Papers 2001-01, Utah State University, Department of Economics.
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