We develop an analytic model for the hierarchical correlation amplitudesS_j_,_g(R)#ident to# anti #xi#_j_,_g(R) anti #xi#_2_,_g"j"-"1(R) [where j=3, 4, 5, and anti #xi#_j_,_g(R) is the jth order connected moment of counts in spheres of radius R] of density peaks and dark matter halos in the quasi-linear regime. The statistical distributions of density peaks and dark matter halos within the initial density field (assumed Gaussian) are determined by the peak formalism of Bardeen et al. (1986) and by an extension of the Press-Schechter formalism, respectively. Modifications of these distributions caused by gravitationally induced motions are treated using a spherical collapse model. We test our model against results for S_3_,_g(...