ESTIMATION OF DEMAND FUNCTIONS FOR WETLANDS - BASED RECREATION USING AN ALMOST IDEAL DEMAND SYSTEM

Sukumar Ajmera, Jack E. Houston and John Bergstrom

No 270495, 1989 Annual Meeting, July 30-August 2, Baton Rouge, Louisiana from American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association)

Abstract: The determinants of demand for waterfowl hunting, freshwater fishing, and saltwater fishing were examined using an Almost Ideal Demand System. Own-price elasticities indicate that demand for these activities are relatively price inelastic. Cross-price elasticities suggest that these activities are complements. Age and education levels significantly affect only waterfowl hunting. Finally, policy variable elasticities suggest that all three activities are sensitive to activity success in waterfowl hunting.

Keywords: Demand and Price Analysis; Environmental Economics and Policy (search for similar items in EconPapers)
Pages: 16
Date: 1989-07-30
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Persistent link: https://EconPapers.repec.org/RePEc:ags:aaea89:270495

DOI: 10.22004/ag.econ.270495

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