Specification Considerations for the Price Variable in Travel Cost Demand Models: Comment

1986 ◽  
Vol 62 (4) ◽  
pp. 416 ◽  
Author(s):  
Trellis G. Green
Keyword(s):  
Travel Cost ◽  
Demand Models

Comparing Recreation Benefits from On-Site versus Household Surveys in Count Data Travel Cost Demand Models with Overdispersion

2008 ◽  
Vol 14 (3) ◽  
pp. 567-576 ◽  
Author(s):  
Roberto Martínez-Espiñeira ◽  
John B. Loomis ◽  
Joe Amoako-Tuffour ◽  
Joseph M. Hilbe
Keyword(s):  
Count Data ◽  
Travel Cost ◽  
Household Surveys ◽  
Demand Models ◽  
Recreation Benefits ◽  
Site Versus

scholarly journals TOD Parking Demand Models for New Urban Areas in China

2020 ◽  
Vol 12 (20) ◽  
pp. 8406
Author(s):  
Zhenyu Mei ◽  
Liang Kong ◽  
Wenchao Zheng
Keyword(s):  
Urban Areas ◽  
Measurement Model ◽  
Travel Cost ◽  
Sustainable Urban Development ◽  
Hangzhou Bay ◽  
Transit Oriented Development ◽  
Demand Model ◽  
Core Element ◽  
Demand Models ◽  
Parking Demand

At present, many new urban areas adopt the transit-oriented development (TOD) exploitation concept to achieve sustainable urban development, accurately predict parking demand under TOD exploitation, determine factors that influence demand, and establish demand models that are essential to the formation of a reasonable traffic structure in the new urban area. The present study aims to establish a scientific and reasonable parking demand model for TOD exploitation in new urban areas. Influencing factors of parking demand in new urban areas under the concept of TOD are determined, and a framework for a parking demand model is constructed. A travel cost measurement model for travel structures at different travel distances is established, considering travel cost as the core element, given that it affects the travel structure at different distances. Finally, taking the Hangzhou Bay New District as an example, the costs of various travel structures under TOD exploitation are calculated, and the reasonable parking demand is calculated. From the perspective of parking management, the concept of TOD is effectively supported.

scholarly journals The Economic Value of Hiking: Further Considerations of Opportunity Cost of Time in Recreational Demand Models

1995 ◽  
Vol 27 (2) ◽  
pp. 658-668 ◽  
Author(s):  
James F. Casey ◽  
Tomislav Vukina ◽  
Leon E. Danielson
Keyword(s):  
Opportunity Cost ◽  
Survey Design ◽  
Economic Value ◽  
Travel Cost ◽  
Value Of Time ◽  
Cost Models ◽  
Wage Rates ◽  
Demand Models ◽  
Cost Of Time ◽  
Opportunity Cost Of Time

AbstractThe paper tests two alternative specifications for the opportunity cost of time in travel cost models. The standard travel cost survey design is enriched to include a contingent valuation type question about peoples' willingness to accept compensation to forgo a precisely defined recreational experience. It is hypothesized that individually revealed value of time more appropriately reflects the opportunity costs of time associated with a particular aspect of recreation than the wage rate which measures the trade-off between work and leisure generally. The results seem to indicate a better overall fit for the models with the elicited value of individual consumer's time than for the models with the more traditional hourly earnings (wage rates). The importance of the correct measurement of the opportunity cost time is illustrated by showing that estimated consumer surpluses based on two different value of time measurements differ significantly.

The Factors Influencing Tourist Visitations Number in Curug Silawe

2019 ◽  
Vol 2 (3) ◽  
pp. 553-561
Author(s):  
Novian Hangga Prakosa ◽  
Fafurida Fafurida
Keyword(s):  
Economic Value ◽  
Consumer Surplus ◽  
Sampling Technique ◽  
Travel Cost ◽  
Analysis Tool ◽  
Literature Study ◽  
Factors Influencing ◽  
Negative Effect ◽  
Value Estimation ◽  
Positive Effect

The purposes of this research are to identify the influence of travel cost, income, distance, access, facilities, natural beautiness, and age on the number of individual visits to Curug Silawe and to estimate the economic value of Curug Silawe through individual travel cost method. The population in this study are tourists that visited Curug Silawe with sample of 98 respondents taken by the quota accidental sampling technique. The data collection method used are literature study and questionnaire. The analysis tool used are OLS linear regression and economic value estimation. The results showed the variables that influence the number of individual visits to Curug Silawe are income, distance and age. Income and age has a positive effect. While distance has a negative effect. The economic value of Curug Silawe reached IDR 1,109,930,140.48 per year. This value is obtained from consumer surplus obtained per individual per year of IDR 308,656.88. Tujuan dari penelitian ini adalah untuk mengidentifikasi pengaruh biaya perjalanan, pendapatan, jarak, akses, fasilitas, keindahan alam, dan usia pada jumlah kunjungan individu ke Curug Silawe dan untuk memperkirakan nilai ekonomi Curug Silawe melalui metode biaya perjalanan individu . Populasi dalam penelitian ini adalah wisatawan yang berkunjung ke Curug Silawe dengan sampel 98 responden yang diambil dengan teknik quota accidental sampling. Metode pengumpulan data yang digunakan adalah studi literatur dan kuesioner. Alat analisis yang digunakan adalah regresi linear OLS dan estimasi nilai ekonomi. Hasil penelitian menunjukkan variabel yang mempengaruhi jumlah kunjungan individu ke Curug Silawe adalah pendapatan, jarak dan usia. Penghasilan dan usia memiliki efek positif. Sedangkan jarak memiliki efek negatif. Nilai ekonomi Curug Silawe mencapai Rp1.109.930.140,48 per tahun. Nilai ini diperoleh dari surplus konsumen yang diperoleh per individu per tahun sebesar Rp308.656,88.

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