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Travel Cost Models of the Demand for Rock Climbing

Agricultural and Resource Economics ReviewPublished 1 October 1996Open access
W. Douglass Shaw, Paul M. Jakus
Citations78
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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.

Keywords

Social SciencesEconomics, Econometrics and FinanceBusiness, Management and Accounting