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Validity of Revealed Travel Time Data from Geography Information System in the Estimation of Zonal Travel Cost Model

  • Journal of Tourism Sciences
  • Abbr : JTS
  • 2005, 29(1), pp.45-68
  • Publisher : The Tourism Sciences Society Of Korea
  • Research Area : Social Science > Tourism

한상현 1 Kwang-Eik Cho 2

1영국 Surrey대
2대구가톨릭대학교

Accredited

ABSTRACT

Zonal travel cost model was applied to estimate non-market value of Hahoe folk-village. Geographical information system(GIS) was used to derive the most optimal zonal TC model. Author proposes GIS-derived travel time be used as a proxy variable in numeration of travel cost instead of travel distance dominantly being used in the standard model. Linear, semi-log and double-log models were applied to find an optimal equation model, and FGLS and EGLS were used to remove the problems of heteroscedasticity and serial-correlation. Finally, the Marshallian consumers surpluses from standard ZTCM, travel time and travel distance applied models from GIS were calculated and compared.

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