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Specification Considerations for the Price Variable in Travel Cost Demand Models

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  • Frank A. Ward

Abstract

Existing recreation demand models have paid much attention to the heterogeneous nature of the opportunity cost of time, but generally stipulate constant per mile costs in access price specifications. This study proposes two alternative approaches to ...

Suggested Citation

  • Frank A. Ward, 1984. "Specification Considerations for the Price Variable in Travel Cost Demand Models," Land Economics, University of Wisconsin Press, vol. 60(3), pages 301-305.
    • Handle: RePEc:uwp:landec:v:60:y:1984:i:3:p:301-305
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    Cited by:

    1. John Loomis & Catherine Keske, 2009. "The Economic Value of Novel Means of Ascending High Mountain Peaks: A Travel Cost Demand Model of Pikes Peak Cog Railway Riders, Automobile Users and Hikers," Tourism Economics, , vol. 15(2), pages 426-436, June.
    2. McKean, John R. & Johnson, Donn M. & Taylor, R. Garth, 2001. "The Value Of Sport Fishing In The Snake River Basin Of Central Idaho," 2001 Annual Meeting, July 8-11, 2001, Logan, Utah 36190, Western Agricultural Economics Association.
    3. Taylor, R. Garth & Woodall, Stacie & Wandschneider, Philip R. & Foltz, John C., 2004. "The Demand for Wine Tourism in Canyon County, Idaho," International Food and Agribusiness Management Review, International Food and Agribusiness Management Association, vol. 7(4), pages 1-18.
    4. Adan L. Martinez Cruz & Yadira Elizabeth Peralta Torres & Valeria Garcia Olivera, 2024. "Using stated preference responses to address endogeneity in the single site travel cost equation," Working Papers DTE 632, CIDE, División de Economía.
    5. John R. McKean & Donn Johnson & R.G. Taylor, 2014. "Estimating Tournament Effects on Sportfishing Demand," Tourism Economics, , vol. 20(5), pages 1067-1086, October.

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