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Welfare Losses Due to Livestock Grazing on Public Lands: A Count Data Systemwide Treatment
Author(s) -
Shonkwiler J. Scott,
Englin Jeffrey
Publication year - 2005
Publication title -
american journal of agricultural economics
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 1.949
H-Index - 111
eISSN - 1467-8276
pISSN - 0002-9092
DOI - 10.1111/j.1467-8276.2005.00723.x
Subject(s) - grazing , welfare , livestock , distribution (mathematics) , economics , agricultural economics , recreation , public economics , geography , ecology , mathematics , forestry , biology , mathematical analysis , market economy
Backcountry hikers' willingness‐to‐pay for removing grazing from trails in the Hoover Wilderness is analyzed using a multinomial Dirichlet negative binomial distribution. This multivariate discrete distribution allows the direct calculation of seasonal welfare measures that are derived from an incomplete demand specification. The welfare maximizing choice of activities is examined on a trail‐by‐trail basis using the results of the analysis. Our findings suggest that a mix of hiking and grazing activities provide the greatest social welfare.