VALUING IDAHO WINERIES WITH A TRAVEL COST MODEL

dc.creatorWoodall, Stacie
dc.creatorWandschneider, Philip R.
dc.creatorFoltz, John C.
dc.creatorTaylor, R. Garth
dc.date2017-04-01T14:58:42Z
dc.date.accessioned2026-07-09T04:27:12Z
dc.descriptionMany commercial wineries produce a dual product; commercial wine and wine tourism. Growth of wine tourism throughout the US has been phenomenal. In contrast to the price of wine, which is reflected in the market, the demand for wine tourism can be only ascertained with a shadow price for winery visitation. The demand for wine tourism visits for Canyon County in southern Idaho was estimated using the Travel Cost Method. The value of wine tourism in Canyon County was estimated to be $5.40 per person per trip and trip demand was highly inelastic at 0.5. Elasticities of other trip demand function variables were estimated and analyzed, with a view to informing the marketing of Idaho's emerging wine tourism industry.
dc.identifierdoi:10.22004/ag.econ.36613
dc.identifierhttps://ageconsearch.umn.edu/record/36613/files/sp02wo01.pdf
dc.identifierhttp://ageconsearch.umn.edu/record/36613
dc.identifier.urihttp://hdl.handle.net/123456789/550124
dc.languageeng
dc.publisher
dc.sourcehttp://ageconsearch.umn.edu/record/36613
dc.titleVALUING IDAHO WINERIES WITH A TRAVEL COST MODEL
dc.typeText

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