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| Woodall, Stacie; Wandschneider, Philip R.; Foltz, John C.; Taylor, R. Garth. |
| Many commercial wineries produce a dual product; commercial wine and wine tourism. Growth of wine tourism throughout the US has been phenomenal. In contrast to the price of wine, which is reflected in the market, the demand for wine tourism can be only ascertained with a shadow price for winery visitation. The demand for wine tourism visits for Canyon County in southern Idaho was estimated using the Travel Cost Method. The value of wine tourism in Canyon County was estimated to be $5.40 per person per trip and trip demand was highly inelastic at 0.5. Elasticities of other trip demand function variables were estimated and analyzed, with a view to informing the marketing of Idaho's emerging wine tourism industry. |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Community/Rural/Urban Development; Crop Production/Industries. |
| Ano: 2002 |
URL: http://purl.umn.edu/36613 |
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| Foltz, John C.; Woodall, Stacie; Wandschneider, Philip R.; Taylor, R. Garth. |
| The impact of Idaho’s wine and grape industry was assessed as an agribusiness and as a tourist industry. Idaho’s grape and wine industry is in its infancy, with wine sales of $15 million from 15 wineries and growers cultivating about 1,000 acres, primarily in southwestern Idaho’s Canyon County. Synthesized output multipliers for wine tourism were virtually identical to the agribusiness output multipliers (1.86 and 2.10 for Canyon County and the state of Idaho, respectively). The wine and grape industry’s agribusiness impact is $15 million in sales and 120 jobs in Idaho, and $23 million and 140 jobs for Canyon County. In contrast, tourism expenditures stimulate other businesses in addition to the agribusiness linkages of grape and wine production. Thus,... |
| Tipo: Journal Article |
Palavras-chave: Idaho; Impact analysis; Input/output models; Tourism; Wine; Wine agribusiness; Agribusiness; Research and Development/Tech Change/Emerging Technologies. |
| Ano: 2007 |
URL: http://purl.umn.edu/62287 |
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