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JOURNAL OF APPLIED BUSINESS AND ECONOMICS
An Application of the Double Hurdle Model to U.S. Saltwater Recreational Fishing Expenditures
Author(s): Yeong Nain Chi
Citation: Yeong Nain Chi, (2017) "An Application of the Double Hurdle Model to U.S. Saltwater Recreational Fishing Expenditures," Journal of Applied Business and Economics, Vol. 19, Iss.6, pp. 74-85
Article Type: Research paper
Publisher: North American Business Press
Abstract:
This study used cross-sectional data extracted from the 2011 National Survey of Fishing, Hunting, and Wildlife-Associated Recreation to analyze individual trip-related expenditures associated with saltwater recreational fishing in the United States, based on the utility maximization framework in the double hurdle model. Empirical results (income, age, gender, ethnicity, urban setting, fishing license, fishing on a boat, fish types) showed significant effects on U.S. saltwater recreational fishing trip-related expenditures. The results of this study can provide insight into the determinants of U.S. saltwater recreational fishing trip-related expenditures, which can be used for saltwater recreational fisheries management and policy.
