Non market valuation of alcohol consumption for off-highway vehicle parks in North Carolina
This study develops a structural model demand for off-highway vehicle (OHV) parks and the probability of injuries. The study uses a demand system of equations to estimate the value alcohol consumption has for recreationists in four North Carolina OHV parks. Alcohol consumption jointly affects demand...
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Main Author | |
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Format | Dissertation |
Language | English |
Published |
ProQuest Dissertations & Theses
01.01.2006
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Subjects | |
Online Access | Get full text |
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Summary: | This study develops a structural model demand for off-highway vehicle (OHV) parks and the probability of injuries. The study uses a demand system of equations to estimate the value alcohol consumption has for recreationists in four North Carolina OHV parks. Alcohol consumption jointly affects demand and likelihood of injury, which also affects demand. A Probit model predicting the impact of alcohol consumption on the probability of suffering an injury is estimated jointly with a Poisson demand system. Demand equations are estimated using 3 stated preference equations in conjunction with observed choices for the years 1997-99. The four parks included in our study are Brown Mountain, Upper Tellico, Wayehutta and Badin Lake. All of them are located in the central and western part of North Carolina. |
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ISBN: | 0542600218 9780542600210 |