Household Demand for Finfish: A Generalized Double-Hurdle Model

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 income...

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Bibliographic Details
Main Authors: Steven T. Yen, Chung L. Huang
Format: Article
Language:English
Published: Western Agricultural Economics Association 1996-12-01
Series:Journal of Agricultural and Resource Economics
Subjects:
Online Access:https://ageconsearch.umn.edu/record/31034