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Travel Cost Demand Models for Wilderness Recreation: A Problem of Non-Nested Hypotheses

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  • V. Kerry Smith

Abstract

This paper extends the standard travel cost method (TCM) to develop estimates of the economic value of recreational chinook salmon fishing on the Gulkana River, Alaska, under existing and hypothetical fishery management conditions. Respondents were asked ...

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  • V. Kerry Smith, 1975. "Travel Cost Demand Models for Wilderness Recreation: A Problem of Non-Nested Hypotheses," Land Economics, University of Wisconsin Press, vol. 51(2), pages 103-111.
    • Handle: RePEc:uwp:landec:v:51:y:1975:i:2:p:103-111
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    Cited by:

    1. Strong, Elizabeth J., 1982. "A Note On The Functional Form Of Travel Cost Models With Zones Of Unequal Populations," 1982 Annual Meeting, August 1-4, Logan, Utah 279204, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    2. Sutherland, Ronald J., 1982. "The Sensitivity Of Travel Cost Estimates Of Recreation Demand To The Functional Form And Definition Of Origin Zones," Western Journal of Agricultural Economics, Western Agricultural Economics Association, vol. 7(1), pages 1-12, July.
    3. McAleer, Michael, 1995. "The significance of testing empirical non-nested models," Journal of Econometrics, Elsevier, vol. 67(1), pages 149-171, May.
    4. Finley, Theresa, 2021. "Free riding in the monastery: Club goods, the cistercian order and agricultural investment in Ancien Regime France," Journal of Economic Behavior & Organization, Elsevier, vol. 184(C), pages 318-336.
    5. Armbrecht, John, 2014. "Use value of cultural experiences: A comparison of contingent valuation and travel cost," Tourism Management, Elsevier, vol. 42(C), pages 141-148.

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