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@article{ART001088334},
author={한상현 and Kwang-Eik Cho},
title={Estimation of the Appropriate Travel Cost Model: A Diagnostic Analysis},
journal={Journal of Tourism Sciences},
issn={1226-0533},
year={2004},
volume={28},
number={1},
pages={145-168}

TY - JOUR
AU - 한상현
AU - Kwang-Eik Cho
TI - Estimation of the Appropriate Travel Cost Model: A Diagnostic Analysis
JO - Journal of Tourism Sciences
PY - 2004
VL - 28
IS - 1
PB - The Tourism Sciences Society Of Korea
SP - 145
EP - 168
SN - 1226-0533
AB - The purpose of this study is to estimate the appropriate model of travel cost method using the diagnostic analysis. The travel cost model which was estimated through OLS method was transformed to fit with FGLS and AR(1) models. The researchers also estimate the consumer surplus of the historic heritage visitor resources, the Warwick Castle in UK, using zonal TCM and individual TCM. From the on-site survey, the results show the valuation using ITCM is significantly greater than ZTCM. In addition, the CS result proved that the original OLS model was different from the transformed model. In conclusion, writers indicate that selection of functional form of demand equations is important in estimating consumer surplus.
KW - FGLS;ZTCM;ITCM
DO -
UR -
ER -

한상현 and Kwang-Eik Cho. (2004). Estimation of the Appropriate Travel Cost Model: A Diagnostic Analysis. Journal of Tourism Sciences, 28(1), 145-168.

한상현 and Kwang-Eik Cho. 2004, "Estimation of the Appropriate Travel Cost Model: A Diagnostic Analysis", Journal of Tourism Sciences, vol.28, no.1 pp.145-168.

한상현, Kwang-Eik Cho "Estimation of the Appropriate Travel Cost Model: A Diagnostic Analysis" Journal of Tourism Sciences 28.1 pp.145-168 (2004) : 145.

한상현, Kwang-Eik Cho. Estimation of the Appropriate Travel Cost Model: A Diagnostic Analysis. 2004; 28(1), 145-168.

한상현 and Kwang-Eik Cho. "Estimation of the Appropriate Travel Cost Model: A Diagnostic Analysis" Journal of Tourism Sciences 28, no.1 (2004) : 145-168.

한상현; Kwang-Eik Cho. Estimation of the Appropriate Travel Cost Model: A Diagnostic Analysis. Journal of Tourism Sciences, 28(1), 145-168.

한상현; Kwang-Eik Cho. Estimation of the Appropriate Travel Cost Model: A Diagnostic Analysis. Journal of Tourism Sciences. 2004; 28(1) 145-168.

한상현, Kwang-Eik Cho. Estimation of the Appropriate Travel Cost Model: A Diagnostic Analysis. 2004; 28(1), 145-168.

한상현 and Kwang-Eik Cho. "Estimation of the Appropriate Travel Cost Model: A Diagnostic Analysis" Journal of Tourism Sciences 28, no.1 (2004) : 145-168.