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Modeling the Demand for Sicilian Regional Parks: A Compound Poisson Approach

Environmental and Resource Economics volume 44, pages 327–335 (2009)Cite this article

Abstract

This analysis examines the demand for a system of regional parks in Sicily (Italy). The analysis utilizes conventional count data methods that do not account for correlation across parks as well as a new model that allows for cross-site correlation and dispersion. In this model, the degree of dispersion and cross-site correlation is shown to evolve as individual grow older. Older individuals exhibit less dispersion and/or cross-site correlation.

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Authors and Affiliations

  1. Environmental Valuation Laboratory (ENVALAB), Department of Agricultural Economics and Resource Valuation (DISEAE), University of Catania, via Santa Sofia 98, 95123, Catania, Italy

    Giovanni Signorello & Maria De Salvo

  2. Department of Resource Economics, University of Nevada, MS 204, Reno, NV, 89557, USA

    Jeffrey Englin

  3. Federal Reserve Bank, Washington, DC, USA

    Adam Longhorn

Authors
  1. Giovanni Signorello
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  2. Jeffrey Englin
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  3. Adam Longhorn
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  4. Maria De Salvo
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Corresponding author

Correspondence to Giovanni Signorello.

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Signorello, G., Englin, J., Longhorn, A. et al. Modeling the Demand for Sicilian Regional Parks: A Compound Poisson Approach. Environ Resource Econ 44, 327–335 (2009). https://doi.org/10.1007/s10640-009-9288-2

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  • DOI: https://doi.org/10.1007/s10640-009-9288-2

Keywords

  • Incomplete demand system
  • Compound poisson
  • Count model
  • Travel cost

JEL Classification

  • Q26
  • C35