The Demand for Wine Tourism in Canyon County, Idaho

Garth Taylor, Stacie Woodall, Philip Wandschneider () and John C. Foltz

International Food and Agribusiness Management Review, 2004, vol. 07, issue 4, 18

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.

Keywords: Resource/Energy; Economics; and; Policy (search for similar items in EconPapers)
Date: 2004
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Persistent link: https://EconPapers.repec.org/RePEc:ags:ifaamr:8125

DOI: 10.22004/ag.econ.8125

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