Modeling recreation demand for British forests: An application of an endogenously stratified and truncated log-normal distribution
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Englin, J., Gelan, A. and Pang, A. 2011. Modeling recreation demand for British forests: An application of an endogenously stratified and truncated log-normal distribution. Paper presented at the 18th annual conference of the European Association of Environmental and Resource Economists, Rome, Italy, 29 June - 2 July 2011. Nairobi, Kenya: ILRI.
Permanent link to this item: http://hdl.handle.net/10568/16669
Evaluating the value of British forests is important for forest policies' making. Since the number of visitors to British forests is quite large and each visitor's visiting frequency is high, the conventional count data models which focus on small integers may not cope adequately with this big number of visitation. This study utilizes newly developed endogenously stratified and truncated distributions to model the recreation demand for British Forests.