Linking Sportfishing Trip Attributes, Participation Decisions, and Regional Economic Impacts in Lower and Central Cook Inlet, Alaska
- Authors: C. Hamel, M. Herrmann, S.T. Lee, K.R. Criddle, and H.T. Geie
- Pub. no.: RP-02-09
- Year: 2002
- Price: Single copies free
Description
This study examines the regional economic impacts of expenditures related to the saltwater sportfisheries for Pacific halibut and salmon in Cook Inlet, Alaska. The probability that an individual will take a particular recreational trip is described using a nonlinear random effects probit model based on variable trip attributes and individual economic and demographic characteristics. The regional economic impact of recreational activities depends on the number of participants and their expenditure patterns. Changes in trip attributes alter the probability that the average recreationist will take a given trip, change the expected number of participants, and affect regional economic activity. Some examples of changes in trip attributes are fish stock changes caused by petroleum development, and fish allocation between sport and commercial fisheries. Annals of Regional Science 36:247-264.
