Modeling Recreation Demand in a Poisson System of Equations: An Analysis of the Impact of International Exchange Rates
构建了一个基于效用理论的半对数休闲需求方程组,用于分析美加汇率变化对美国游客在加拿大荒野公园的参与度和福利的影响。
Abstract We extend count data travel cost modeling by developing a utility theoretic system of semilogarithmic recreation demand equations. The restrictions required to make the system utility theoretic are applied during estimation. The model is applied to individual wilderness recreation trips in a system of four Canadian wilderness parks. The resulting demand system is used to examine the impacts of changing U.S.‐Canadian currency exchange rates on participation and welfare of U.S. recreationists.