Travel Cost Demand Models for Rock Climbing
Agricultural and Resource Economics Review
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.
Shaw, W. Douglass and Paul M. Jakus. 1996. “Travel Cost Demand Models for Rock Climbing.” Agricultural and Resource Economics Review, 25(4):133-142.