Econ 231: Natural Resources and Environmental Economics
Travel Cost Method
Overview:
The travel cost method is used to estimate economic use values associated with ecosystems or sites that are used for recreation.
The method can be used to estimate the economic benefits or costs resulting from:
Source: http://www.ecosystemvaluation.org/travel_costs.htm#case1
TCM Estimation Exercise
TCM Steps: Download Here
Guide Questions: Download Here
TCM Exercise Data: Download Here
Overview:
The travel cost method is used to estimate economic use values associated with ecosystems or sites that are used for recreation.
The method can be used to estimate the economic benefits or costs resulting from:
- changes in access costs for a recreational site
- elimination of an existing recreational site
- addition of a new recreational site
- changes in environmental quality at a recreational site
Source: http://www.ecosystemvaluation.org/travel_costs.htm#case1
TCM Estimation Exercise
TCM Steps: Download Here
Guide Questions: Download Here
TCM Exercise Data: Download Here
Valuation Papers are available here (Economy and Environment Program for Southeast Asia)
Guide to Ecosystem Valuation: Click Here
Guide to Ecosystem Valuation: Click Here