• Title/Summary/Keyword: Travel cost

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An Economic Estimation of Tourism Effects by Travel Cost Method -Application for Daeho Rural Tourism & Leisure Complex- (여행비용접근법(TCM)에 의한 관광효과 추정 - 대호농어촌관광휴양단지를 중심으로 -)

  • Ryoo, Young-Hee;Lim, Jae-Hwan;Koo, Seung-Mo
    • Korean Journal of Agricultural Science
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    • v.31 no.2
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    • pp.123-134
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    • 2004
  • Since 1989, 9 major complex have been invested with government funds, for the purpose of developing agricultural tourism to increase agricultural income and job opportunity, as well as providing urban population leisure opportunity. However, systematic and comprehensive approaches were rarely done in analyzing its economic impacts. This study, therefore, focuses on analyzing tourism effect and its economic value and implication for a representative rural tourism site,"Daeho rural tourism complex". To analyze travel pattern, expenditure pattern, and degree of satisfaction from travel to Daeho complex, Travel Cost Method(TCM) was employed based on survey method. Results from linear model with statistical significance implies that tourism benefit for each visitor is 28,373 won and total annual benefit for the Daeho site is 7 billion won. Considering annual benefit stream, the present value of total benefits are 132.9 billion won and 70 billion won at 5% and 10% of discounting rate, respectively. Using the values of benefit estimated from this study and investment cost, B/C ratio, IRR, and NPV were calculated to be 1.01, 1.67 billion won, and 5.19% at 5% of discounting rate. These results could be directly compared with the previous analyses.

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Economic Value Measurement of Local Festival Using Improved Travel Cost Method (TCM): Focused on Gaecheon Arts Festival in Jinju, Korea (개선된 여행비용차이추정법을 이용한 지역축제의 경제적 가치측정: 개천예술제를 중심으로)

  • Yu, Jung-Sub;Lee, Jae-Dal
    • International Area Studies Review
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    • v.17 no.4
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    • pp.133-153
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    • 2013
  • This study was to estimate the economic value of Gaecheon Arts Festival in Jinju, Korea. To measure the value of the festival, improved travel cost measurement that applied new weight concept from the Travel Cost Measurement(TCM) proposed by Peares(1972) was used. The total value was evaluated to approximately 2,270.057 billion KRW. The result showed that travel cost items affecting on economic value of the festival were transportation, food and beverage, shopping, accommodation, amusement and entrance fee in order. The effect of accommodation due to the visitors' surplus was small, due to day trip participation trend??. Because accommodation, shopping and entrance fee, therefore, directly affect the regional economy, it is necessary for festival planning party to develop the program for tourist accommodation and so forth. Finally, this study will contribute to the development of local festivals through the more objective, clear comparison and measurement of economic value between local festivals using improved travel cost estimation method.

Quantifying Rail Travel Demand Changes using Observed Transport Data (수송실적자료를 이용한 철도교통 수요변화 추정 연구)

  • Eom, Jin-Ki;Heo, Tae-Young
    • Journal of the Korean Society for Railway
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    • v.12 no.3
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    • pp.420-426
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    • 2009
  • Although the amount of travel demand is a critical factor in a benefit-cost (B/C) analysis of railway investment, the travel demand changes especially for induced demand have not been considered. Therefore, the basic study of how to estimate travel demand changes after railway investment is worth investigating. This study reviews the methodologies for estimating diverted and induced demand generated after railway investment, and proposes appropriate approaches that will help railway planners to practically apply them in a case study. Further, the research stimulates the needs of consideration of the travel demand changes in the feasibility studies of railway planning.

Estimating the Economic Value of the Songieong Beach Using A Count Data Model: - Off-season Estimating Value of the Beach - (가산자료모형을 이용한 송정 해수욕장의 경제적 가치추정: - 비수기 해수욕장의 가치추정 -)

  • Heo, Yun-Jeong;Lee, Seung-Lae
    • The Journal of Fisheries Business Administration
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    • v.38 no.2
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    • pp.79-101
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    • 2007
  • The purpose of this study is to estimate the economic value of the Songieong Beach in Off-season, using a Individual Travel Cost Model(ITCM). Songieong Beach is located in Busan but far away from city. These days, however, the increased rate of traffic inflow to the Songieong beach and the five-day working week are reflected in the trend analysis. Moreover, people have changed psychological value. For that reason, visitors are on the increase on the beach in off-season. The ITCM is applied to estimate non-market value or environmental Good like a Contingent Valuation Method and Hedonic Price Model etc. The ITCM was derived from the Count Data Model(i.e. Poisson and Negative Binomial model). So this paper compares Poisson and negative binomial count data models to measure the tourism demands. The data for the study were collected from the Songjeong Beach on visitors over the a week from November 1 through November 23, 2006. Interviewers were instructed to interview only individuals. So the sample was taken in 113. A dependent variable that is defined on the non-negative integers and subject to sampling truncation is the result of a truncated count data process. This paper analyzes the effects of determinants on visitors' demand for exhibition using a class of maximum-likelihood regression estimators for count data from truncated samples, The count data and truncated models are used primarily to explain non-negative integer and truncation properties of tourist trips as suggested by the economic valuation literature. The results suggest that the truncated negative binomial model is improved overdispersion problem and more preferred than the other models in the study. This paper is not the same as the others. One thing is that Estimating Value of the Beach in off-season. The other thing is this study emphasizes in particular 'travel cost' that is not only monetary cost but also including opportunity cost of 'travel time'. According to the truncated negative binomial model, estimates the Consumer Surplus(CS) values per trip of about 199,754 Korean won and the total economic value was estimated to be 1,288,680 Korean won.

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The Spatial Accessibility of Women in Childbearing Age for Delivery Services in Gangwon-do (강원도 지역 가임기 여성의 분만서비스 접근성 분석)

  • Choi, Soyoung;Lee, Kwang-Soo
    • Health Policy and Management
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    • v.27 no.3
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    • pp.229-240
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    • 2017
  • Background: This study purposed to analyze the spatial accessibility of women in childbearing age to the healthcare organizations (HCOs) providing delivery services in Gangwon-do. Methods: Network analysis was applied to assess the spatial accessibility based on the travel time and road travel distance. Travel time and travel distance were measured between the location of HCOs and the centroid of the smallest administrative areas, eup, myeon, and dong in Gangwon-do. Korean Transport Database Center provided road network GIS (Geographic Information System) Database in 2015 and it was used to build the network dataset. Two types of network analysis, service area analysis and origin-destination (OD)-cost matrix analysis, applied to the created network dataset. Service area analysis defined all-accessible areas that are within a specified time, and OD-cost matrix analysis measured the least-cost paths from the HCOs to the centroids. The visualization of the number of the HCOs and the number of women in childbearing age on the Ganwon-do map and network analysis were performed with ArcGIS ver. 10.0 (ESRI, Redlands, CA, USA). Results: Twenty HCOs were providing delivery services in Gangwon-do in 2016. Over 50% of the women in childbearing age were aged more than 35 years. Service area analysis found that 89.56% of Gangwon-do area took less than 60 minutes to reach any types of HCOs. For tertiary hospitals, about 74.37% of Gangwon-do area took more than 60 minutes. Except Wonju-si and Hoengseong-gun, other regions took more than 60 minutes to reach the tertiary hospital. Especially, Goseong-gun, Donghae-si, Samcheok-si, Sokcho-si, Yanggu-gun, Cheorwon-gun, and Taebaek-si took more than 100 minutes to the tertiary hospital. Conclusion: This study provided that the accessibility toward the tertiary hospital was limited and it may cause problems in high-risk delivery patients such as over 35 years. Health policy makers will need to handle the obstetric accessibility issues in Gangwon-do.

A Study on the Choice Behavior of Transportation Mode in Jeju (제주지역의 교통수단선택 행태에 관한 연구)

  • Kim, Kyung-Bum;Hwang, Kyung-Soo
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.11 no.12
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    • pp.4795-4802
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    • 2010
  • In order to solve the traffic problem in jeju, we must reduce demand for car travel. In addition, demand for passenger travel by public transport policy is needed for conversion. And to improve the quality of public transport services are desperately needed. The purpose of this study, personal characteristics of the trip traveler and the relationship between transportation choice, and personal effectiveness as a factor in travel costs and travel time on the impact of transportation choices will investigate. Restructure its public transportation routes, when to switch to buses to car traffic on the data as a basis for the factors that may be. In addition to improving the quality of public transport services is expected to be able to contribute. To study the performance of the May 2010 survey was conducted. And multinominal logit model were conducted. According to the analysis, People who own homes and families with more than 5 people are likely to use cars. If a prolonged travel time is likely to use buses. However, increasing the cost of travel increases the likelihood that the car is available.

A Route Information Provision Strategy in ATIS Considering User's Route Perception of Origin and Destination (ATIS에서 기종점의 경로인지특성을 반영한 경로정보제공방안)

  • Cho Chong-Suk;Sohn Kee-Min;Shin Seong-Il
    • The Journal of The Korea Institute of Intelligent Transport Systems
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    • v.4 no.3 s.8
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    • pp.9-22
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    • 2005
  • Route travel cost in transportation networks consists of actual route travel cost and route perception cost. Since the route perception cost is differently perceived according to each origin and each destination, route search has limitation to reflect the note perception cost due to route enumeration problem. Thus, currently employed advanced traveller information systems (ATIS) have considered only actual route travel cost for providing route information. This study proposes an optimal and a K-route searching algorithm which are able to reflect the route perception cost but encompass route enumeration problem. For this purpose, this research defines the minimum nit of route as a link by adopting the link label technique in route searching, therefore the comparison of two adjacent links which can be finally expanded the comparison of two routes. In order to reflect the characteristics of route perception in real situation, an optimal shortest cost path algorithm that both the forward search from the origin and the backward search from the destination can be simultaneously processed is proposed. The proposed algorithm is applied for finding K number of shortest routes with an entire-path-deletion-type of K shortest route algorithm.

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Developing the travel cost function based on Microscopic Simulator(VISSIM) Data (미시적 교통류 시뮬레이터기반 통행비용함수의 개발 및 적용)

  • Cho, Hyun-Woo;Lee, Yong-Taeck
    • International Journal of Highway Engineering
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    • v.9 no.4
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    • pp.129-134
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    • 2007
  • In general, based on traffic data in a ideal traffic condition, BPR cost function is used to a variety of transportation policies. However, Some researchers have reported that BRP cost function is not appropriate for analyzing traffic pattern as well as forecasting future demand.(Spiess, 1989 ; Singh, 1999) Therefore, in this paper to solve this problem, a methodology based on data through Micro traffic Simulator Based(MSB) is developed. As a result following outputs are obtained ; (1) presenting a methodology to develop a travel cost function through VISSIM in order to assess transportation policies and (2) developing BRP cost function and MSB cost function from data analysis through VISSIM and verifying availability of MSB function by comparative analysis.

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Evaluating the Economic Damages to Anglers of the Marine Recreational Charter due to the Herbei Spirit Vessel Oil Spill (허베이 스피리트호의 기름유출에 따른 바다유어낚시어선 이용객의 경제적 손실평가연구)

  • Pyo, Heedong
    • Ocean and Polar Research
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    • v.36 no.3
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    • pp.289-302
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    • 2014
  • This paper aims to evaluate the indirect economic damages to anglers of the marine recreational charter caused by marine pollution associated with the Herbei Spirit vessel, which spilled 12,547 kl of crude oil in Taean coastal areas in December 2007. In order to evaluate the indirect cost to anglers of the charter fishing, consumer surplus for charter fishing is estimated using a Poisson model (PM), a negative binomial model (NBM), a truncated Poisson model (TPM), and a truncated negative binomial model (TNBM), which account for the characteristics of count data (non-negative discrete data), for individual travel cost method (ITCM). Because of over-dispersion problem in PM and TPM, NBM and TNBM are considered to be more appropriate statistically. All parameters such as income, fishing careers, travel cost and catch that are estimated are statistically significant and theoretically valid. Based on TNBM results, consumer surplus per trip and per person was estimated to be 277 thousand won, total consumer surplus per person and per year about 2.3 million won, and the marginal effect of consumer surplus on % changes in catch rate is about 33 thousand won. The consumer surplus was converted into total indirect economic damages for aggregation which are evaluated to be 125 billion won, reflecting the number of anglers and damage rate.

Efficiency of Radial Transit Routes (간선-지선 노선체계의 효율성)

  • Park, Jun-Sik;Kho, Seung-Young;Lee, Chung-Won
    • Journal of Korean Society of Transportation
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    • v.26 no.5
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    • pp.227-235
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    • 2008
  • This study analyzed the efficiency of a trunk with branches and a trunk with feeders route system comparing the user cost and operator cost of those route systems. Basically, a trunk with branches is more efficient than a trunk with feeders in the passengers' perspective if the transit system of a trunk and feeders are the same. In the case that the trunk system is hierarchically higher than the feeder system, a trunk with feeders has the competitive edge over a trunk with branches if the saving of travel cost induced by using the trunk line is larger than the increasing waiting and transfer cost. This result is consistent with the previous research by Park et al.(2007c), which analyzed the efficiency of hierarchical structure in a grid transit network. If the travel demand of each origins and destinations is low, increasing headway according to the travel demand can increase passenger load or operating efficiency in a trunk with feeders route system. In this case, a trunk with feeders route system is more prevalent as the operating cost, route length, and number of destinations increases, while it is less prevalent as the transfer cost and passengers' time value of the waiting time increases. In cases that central business district, which is located in the middle of a trunk line, generates travel demand, a trunk with feeders is more efficient than a trunk with branches with the increasing travel demand from and to the CBD. Therefore it can be concluded that to have a dual operating system between CBD and suburban is more efficient than one type transit system. The efficiency of that system can be increased through an efficient transfer system that can reduce the transfer cost.