Advanced Search
MyIDEAS: Login

Measuring the utility of ancillary travel: revealed preferences in recreation site demand and trips taken

Contents:

Author Info

  • Larson, Douglas M.
  • Lew, Daniel K.
Registered author(s):

    Abstract

    The issues involved in determining economic values of travel as a component of away-from-home trips are discussed. Four distinct concepts are relevant and useful depending on circumstances: marginal and total values of travel, and gross versus net values. A utility-theoretic inverse demand systems approach is implemented to estimate the separate demands for recreation trips and time onsite at the destination, and implemented using data on pink salmon fishing in Alaska. The distance function underlying the demand system is used to determine the net values of travel ancillary to fishing. Some 64% of fishermen had positive net values of travel, and the value of travel per hour traveled averaged $1.64/h with a median of -$3.18/h.

    Download Info

    If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
    File URL: http://www.sciencedirect.com/science/article/B6VG7-4F8TVWV-1/2/7c65360eab57d90134fc2ebb18f9c9db
    Download Restriction: Full text for ScienceDirect subscribers only

    As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.

    Bibliographic Info

    Article provided by Elsevier in its journal Transportation Research Part A: Policy and Practice.

    Volume (Year): 39 (2005)
    Issue (Month): 2-3 ()
    Pages: 237-255

    as in new window
    Handle: RePEc:eee:transa:v:39:y:2005:i:2-3:p:237-255

    Contact details of provider:
    Web page: http://www.elsevier.com/wps/find/journaldescription.cws_home/547/description#description

    Order Information:
    Postal: http://www.elsevier.com/wps/find/supportfaq.cws_home/regional
    Web: https://shop.elsevier.com/order?id=547&ref=547_01_ooc_1&version=01

    Related research

    Keywords:

    References

    References listed on IDEAS
    Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
    as in new window
    1. Bell, Frederick W. & Leeworthy, Vernon R., 1990. "Recreational demand by tourists for saltwater beach days," Journal of Environmental Economics and Management, Elsevier, vol. 18(3), pages 189-205, May.
    2. Feather, Peter & Shaw, W. Douglass, 1999. "Estimating the Cost of Leisure Time for Recreation Demand Models," Journal of Environmental Economics and Management, Elsevier, vol. 38(1), pages 49-65, July.
    3. Heckman, James J, 1974. "Shadow Prices, Market Wages, and Labor Supply," Econometrica, Econometric Society, vol. 42(4), pages 679-94, July.
    4. Deaton,Angus & Muellbauer,John, 1980. "Economics and Consumer Behavior," Cambridge Books, Cambridge University Press, number 9780521296762, October.
    5. Frank J. Cesario, 1976. "Value of Time in Recreation Benefit Studies," Land Economics, University of Wisconsin Press, vol. 52(1), pages 32-41.
    6. Douglas M. Larson, 1993. "Joint Recreation Choices and Implied Values of Time," Land Economics, University of Wisconsin Press, vol. 69(3), pages 270-286.
    7. Kockelman, Kara Maria, 1998. "A Utility-Theory-Consistem System-of-Demand-Equations Approach to Household Travel Choice," University of California Transportation Center, Working Papers qt06x0k5r4, University of California Transportation Center.
    8. Deaton, Angus, 1979. "The Distance Function in Consumer Behaviour with Applications to Index Numbers and Optimal Taxation," Review of Economic Studies, Wiley Blackwell, vol. 46(3), pages 391-405, July.
    9. Truong, Truong P & Hensher, David A, 1985. "Measurement of Travel Time Values and Opportunity Cost from a Discrete-Choice Model," Economic Journal, Royal Economic Society, vol. 95(378), pages 438-51, June.
    10. Douglas M. Larson & Sabina L. Shaikh, 2004. "Recreation Demand Choices and Revealed Values of Leisure Time," Economic Inquiry, Western Economic Association International, vol. 42(2), pages 264-278, April.
    11. Bates, John J, 1987. "Measuring Travel Time Values with a Discrete Choice Model: A Note," Economic Journal, Royal Economic Society, vol. 97(386), pages 493-98, June.
    12. Hof, John G. & King, David A., 1992. "Recreational demand by tourists for saltwater beach days: Comment," Journal of Environmental Economics and Management, Elsevier, vol. 22(3), pages 281-291, May.
    13. Kockelman, Kara M., 1998. "A Utility-Theory-Consistent System-of-Demand-Equations Approach to Household Travel Choice," University of California Transportation Center, Working Papers qt3h67j2p2, University of California Transportation Center.
    14. Douglas M. Larson & Sabina L. Shaikh & DavidF. Layton, 2004. "Revealing Preferences for Leisure Time from Stated Preference Data," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 86(2), pages 307-320.
    15. Hausman, Jerry A. & Leonard, Gregory K. & McFadden, Daniel, 1995. "A utility-consistent, combined discrete choice and count data model Assessing recreational use losses due to natural resource damage," Journal of Public Economics, Elsevier, vol. 56(1), pages 1-30, January.
    16. Kenneth E. Train, 1998. "Recreation Demand Models with Taste Differences over People," Land Economics, University of Wisconsin Press, vol. 74(2), pages 230-239.
    17. Douglas M. Larson & Sabina L. Shaikh, 2001. "Empirical Specification Requirements for Two-Constraint Models of Recreation Choice," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 83(2), pages 428-440.
    18. DeSerpa, A C, 1971. "A Theory of the Economics of Time," Economic Journal, Royal Economic Society, vol. 81(324), pages 828-46, December.
    19. Mokhtarian, Patricia & Salomon, Ilan, 2001. "How Derived is the Demand for Travel? Some Conceptual and Measurement Considerations," Institute of Transportation Studies, Working Paper Series qt1z26n1r8, Institute of Transportation Studies, UC Davis.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as in new window

    Cited by:
    1. Ory, David Terrance, 2007. "Structural Equation Modeling of Relative Desired Travel Amounts," University of California Transportation Center, Working Papers qt7rb3x52m, University of California Transportation Center.
    2. Ory, David T, 2007. "Structural Equation Modeling of Relative Desired Travel Amounts," Institute of Transportation Studies, Working Paper Series qt8mj659fp, Institute of Transportation Studies, UC Davis.
    3. Bénédicte Rulleau & Jeoffrey Dehez & Patrick Point, 2011. "The tourist recreational demand for coastal forests: Do forests really matter?," Review of Agricultural and Environmental Studies - Revue d'Etudes en Agriculture et Environnement, INRA Department of Economics, vol. 92(3), pages 291-310.
    4. Diana, Marco, 2008. "Making the "primary utility of travel" concept operational: A measurement model for the assessment of the intrinsic utility of reported trips," Transportation Research Part A: Policy and Practice, Elsevier, vol. 42(3), pages 455-474, March.

    Lists

    This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

    Statistics

    Access and download statistics

    Corrections

    When requesting a correction, please mention this item's handle: RePEc:eee:transa:v:39:y:2005:i:2-3:p:237-255. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Zhang, Lei).

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If references are entirely missing, you can add them using this form.

    If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.