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The opportunity Value of Travel Time (VTT) is one of the most important parts of the total cost of recreation day-trips and arguably the most difficult to estimate. Most studies build upon the theoretical framework proposed by Becker's (1965) by using a combination of revealed and stated...
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model of small open cities to study the impact of tourism on endogenous amenities, factors' allocation across sectors …, prices, and welfare. Tourism has two main effects on the urban economy: first, consistently with the observed pattern in the …; second, it increases prices. In the model tourism may hurt the resident population: with unequal land endowments, poorer …
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In this paper we use the travel cost method to estimate the demand function for two of western Ireland's destination salmon fisheries: the River Moy in County Mayo and the River Corrib in County Galway. Data were collected by an on-site survey questionnaire and demand was estimated using count...
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