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Volume 07, Issue 4, 2004 >
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|Title: ||The Demand for Wine Tourism in Canyon County, Idaho|
|Authors: ||Taylor, R. Garth|
Wandschneider, Philip R.
Foltz, John C.
|Keywords: ||Travel cost model|
|Issue Date: ||2004|
|Abstract: ||Many commercial wineries produce a dual product: commercial wine and wine tourism. Since Idaho wineries charge no entry price, wine tourism demand can only be ascertained with a shadow price for winery visitation. Demand for wine tourism visits for Canyon County in southern Idaho was estimated using the travel cost method. Trip demand was inelastic (-0.4 to -0.6) with respect to own price. The average value of Canyon County wine tourism ranged from $6 to $12 per person per trip, depending upon the assumed opportunity cost of travel time. Elasticities of tastes and preferences, closely related goods, and income were estimated with a view to understanding the market for Idaho's emerging wine tourism industry.|
|Institution/Association: ||International Food and Agribusiness Management Review>Volume 07, Issue 04, 2004|
|Total Pages: ||18|
|From Page: ||58|
|To Page: ||75|
|Collections:||Volume 07, Issue 4, 2004|
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