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The travel cost method and the economic value of leisure time

International Journal of Tourism Research

By:
and
https://doi.org/10.1002/jtr.500

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Abstract

Recent estimates of high values for tourist related recreation USA amenity values indicate that allocation of basic water and terrestrial resources to recreation activities should be given precedence over conventional market oriented activities that often degrade or even extirpate the resource. We discuss at length the travel cost method (TCM), a survey based technique that quantifies the non-market benefits of trips to recreation sites. The TCM has been cast in the role of an ‘umpire’ in recent resource allocation debates. Understanding the key role of the TCM in the debate will aid tourist agency officials throughout the world. This article is a U.S. Government work and is in the public domain in the U.S.A.

Additional publication details

Publication type:
Article
Publication Subtype:
Journal Article
Title:
The travel cost method and the economic value of leisure time
Series title:
International Journal of Tourism Research
DOI:
10.1002/jtr.500
Volume:
6
Issue:
5
Year Published:
2004
Language:
English
Publisher:
Wiley
Contributing office(s):
Fort Collins Science Center
Description:
10 p.
First page:
365
Last page:
374