Modeling the Demand for Sicilian Regional Parks: A Compound Poisson Approach |
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| Authors: | Giovanni Signorello Jeffrey Englin Adam Longhorn Maria De Salvo |
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| Institution: | (1) Department of Economics, St Francis Xavier University, PO Box 5000, Antigonish, NS, Canada |
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| 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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