This analysis aims to quantify the effect that the probability of bagging game will have on the demand for recreational hunting. A two equation structural model has been developed which allows the probability of bagging game to be simultaneously entered into the travel cost model. The basic model is based on a Poisson distribution for the travel cost, and a Negative Binomial distribution is used to deal with the issue of overdispersion. Likelihood ratio tests and non-nested model selection tests have been adopted to choose the model which best fits the data. The results show that a Negative Binomial structural model is the best and the probability of bagging game has a significant effect on the travel cost model. The welfare per hunting day is around $300.
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1 August 2017
Research Article|
August 01 2017
Incorporating the effect of successfully bagging big game intorecreational hunting: An examination of deer, moose and elk hunting
Arwin Pang
Arwin Pang
Department of Accounting,
National Chung Hsíng University
, Taiwan
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Received:
November 14 2016
Accepted:
April 12 2017
Online ISSN: 1618-1530
Print ISSN: 1104-6899
© 2017 Department of Forest Economics, Swedish University of Agricultural Sciences, Umeå
2017
Department of Forest Economics, Swedish University of Agricultural Sciences, Umeå
Licensed re-use rights only
Journal of Forest Economics (2017) 28 (1): 12–17.
Article history
Received:
November 14 2016
Accepted:
April 12 2017
Citation
Pang A (2017), "Incorporating the effect of successfully bagging big game intorecreational hunting: An examination of deer, moose and elk hunting". Journal of Forest Economics, Vol. 28 No. 1 pp. 12–17, doi: https://doi.org/10.1016/j.jfe.2017.04.003
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