This study estimates the influence of proximity to water bodies and park amenities on residential housing values in Knox County, Tennessee, using the hedonic price approach. Values for proximity to water bodies and parks are first estimated globally with a standard ordinary least squares (OLS)...

As provincial governments in Canada trim budgets, fewer funds are available for environmental conservation programs. Many jurisdictions are letting private interests and/or users of the resource base help fund conservation projects. Thus funding for conservation is becoming more dependent on...

This study estimates household demand for finfish in the United States using a limited dependent variable model that accounts for both participation and consumption decisions and also accommodates nonnormal heteroskedastic errors. Results suggest that own-price elasticity is near unitary and...

Demands for beef products are investigated using the U.S. Department of AgricultureÂ’'s 1987-88 Nationwide Food Consumption Survey data. The censored translog demand system is estimated with full-information and simulated maximum-likelihood procedures. These procedures represent different...