TRUNCATED-AT-ZERO COUNT DATA MODELS WITH PARTIAL OBSERVABILITY: AN APPLICATION TO THE FRESHWATER FISHING DEMAND IN THE SOUTHEASTERN U.S
Abdulbaki Bilgic and
Wojciech J. Florkowski
No 35185, 2003 Annual Meeting, February 1-5, 2003, Mobile, Alabama from Southern Agricultural Economics Association
Abstract:
We extend the double-hurdle count data model to account for a joint decision in the first stage in which the individual jointly makes a decision about a participation in fishing and a site (region) selection decision. Contrary to the conventional the double-hurdle count data model, our model discriminates between the effects of non-participant and potential participants (e.g., potential participants are those who participated in fishing but may or may not take a trip to a specific site, the Southeastern U.S.) on the probability of taking a fishing trip.
Keywords: Consumer/Household; Economics (search for similar items in EconPapers)
Pages: 18
Date: 2003
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Persistent link: https://EconPapers.repec.org/RePEc:ags:saeatm:35185
DOI: 10.22004/ag.econ.35185
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