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Travel Cost Models of the Demand for Rock Climbing

Published online by Cambridge University Press:  15 September 2016

W. Douglass Shaw  and
Paul Jakus
W. Douglass Shaw*
Affiliation:
Department of Applied Economics and Statistics/204 University of Nevada, Reno
Paul Jakus
Affiliation:
Department of Agricultural Economics and Rural Sociology, University of Tennessee, Knoxville
*
Shaw is corresponding author, but senior authorship is not assigned.
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Abstract

In this paper we estimate the demand for rock climbing and calculate welfare measures for changing access to a number of climbs at a climbing area. In addition to the novel recreation application, we extend the travel cost methodology by combining the double hurdle count data model (DH) with a multinomial logit model of site-choice. The combined model allows us simultaneously to explain the decision to participate and to allocate trips among sites. The application is to climbers who visit one of the premiere rock-climbing areas in the northeastern United States and its important substitute sites. We also estimate a conventional welfare measure, which is the maximum WTP to avoid loss of access to the climbing site.

Type
Articles
Information
Agricultural and Resource Economics Review , Volume 25 , Issue 2 , October 1996 , pp. 133 - 142
Copyright
Copyright © 1996 Northeastern Agricultural and Resource Economics Association 

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