scholarly journals VALUASI EKONOMI DAN ANALISIS KESESUAIAN WISATA DI PANTAI SIGANDU DESA KLIDANG LOR KABUPATEN BATANG Economic Valuation and Tourism Suitability Analysis in Sigandu Beach, Klidang Lor Village, Batang Regency

2019 ◽  
Vol 8 (3) ◽  
pp. 147-154
Author(s):  
Diah Hanifah ◽  
Anhar Solichin ◽  
Churun Ain
Keyword(s):  
Economic Valuation ◽  
Economic Value ◽  
Travel Cost ◽  
Primary Data ◽  
Travel Cost Method ◽  
Limiting Factor ◽  
Suitability Analysis ◽  
Suitability Index ◽  
Index Value ◽  
Age Range

 ABSTRAK Pantai Sigandu merupakan objek wisata alam yang sangat potensial. Keberadaan Pantai Sigandu mampu membantu perekonomian daerah Kabupaten Batang. Mengingat pentingnya keberadaan objek wisata tersebut maka diperlukan suatu kajian yang mampu mengestimasi besarnya nilai ekonomi dari kegiatan wisata di Pantai Sigandu, serta menganalisa kesesuaian wisata pantai untuk rekreasi agar dapat digunakan dalam pengembangan dan pengelolaan objek wisata tersebut. Penelitian ini dilaksanakan pada bulan Desember 2018 - Januari 2019 dengan bertujuan untuk mengetahui profil dan tipologi wisatawan; menghitung nilai ekonomi pariwisata berdasarkan Travel Cost Method (TCM); dan menganalisa kesesuaian wisata berdasarkan Indeks Kesesuaian Wisata (IKW). Penelitian ini bersifat kuantitatif, dengan metode pengambilan data primer menggunakan teknik wawancara terhadap 100 wisatawan, dengan bantuan kuisioner serta melakukan sampling lapangan untuk analisis kesesuaian wisata. Hasil penelitian menunjukkan bahwa karakteristik wisatawan memiliki kisaran usia 20-40 tahun dengan tingkat pendidikan SMA/SMK. Nilai ekonomi yang diperoleh berdasarkan metode biaya perjalanan atau TCM di Pantai Sigandu yaitu sebesar Rp. 31.038.289.140,00 per tahun dengan biaya rata-rata sebesar Rp. 120.140,00 per individu. Nilai Indeks Kesesuaian Wisata (IKW) Pantai Sigandu termasuk dalam kategori sangat sesuai (S1) yaitu tidak memiliki faktor pembatas dalam suatu penggunaan tertentu secara lestari, atau hanya memiliki pembatas yang kurang berarti dan tidak berpengaruh secara nyata. ABSTRACT Sigandu Beach is a potential natural tourism object. The existence of Sigandu Beach is able to increase the economy of the Batang Regency. The existence of a tourism object is important, so it is needed a study to estimate the tourism economic value of Pantai Sigandu, as well as to analyze the suitability of coastal tourism for recreation so that it can be used in development and management of this tourism object. This study was conducted in December 2018 - January 2019. It aims to find out the profile and typology of tourists; to calculate the economic value of tourism based on Travel Cost Method (TCM); and to analyze tourist suitability based on the Tourism Suitability Index. This study is a quantitative with a primary data method use a interview technique for 100 tourist with the help of questionnaires and do measures of the field for Tourism Suitability Analysis. Results of the study show that characteristics of tourist respondents have an age range of 20-40 years old with high school/ vocational education level. The economic value was obtained based on TCM in the Sigandu Beach, which is Rp. 31,038,289,140.00 per year with an average cost of Rp. 120,140.00 per individual. The Tourism Suitability Index value in the Sigandu Beach is included in the very appropriate category (S1), it does not have a limiting factor in a particular use sustainably, or it only has a less significant limitation and does not have a significant effect.

scholarly journals VALUASI EKONOMI OBJEK WISATA PANTAI WEDIOMBO KABUPATEN GUNUNGKIDUL YOGYAKARTA DENGAN PENDEKATAN TRAVEL COST Economic Valuation of Tourism Destination of Wediombo Beach Gunungkidul Regency Yogyakarta with Travel Cost Approach

2019 ◽  
Vol 8 (3) ◽  
pp. 203-210
Author(s):  
Theresia Panjaitan ◽  
Suradi Wijaya Saputra ◽  
Siti Rudiyanti
Keyword(s):  
Aquatic Ecosystems ◽  
Economic Valuation ◽  
Economic Value ◽  
Travel Cost ◽  
Travel Cost Method ◽  
Tourism Destination ◽  
Tourist Destination ◽  
Method Approach ◽  
Cost Economic ◽  
Average Individual

ABSTRAKPantai Wediombo terletak di  Desa Jepitu, Kecamatan Girisubo, Kabupaten Gunungkidul. Pantai Wediombo merupakan salah satu ekosistem perairan yang memiliki daya tarik untuk dapat dijadikan objek wisata. Manfaat yang diberikan oleh pantai Wediombo belum terukur secara ekonomi sehingga penting untuk dilakukan studi tentang besarnya nilai ekonomi kawasan wisata. Tujuan dari penelitian ini yaitu untuk mengetahui potensi dan nilai ekonomi Pantai Wediombso. Penelitian dilaksanakan pada bulan Maret 2019 di Pantai Wediombo. Penelitian menggunakan metode deskriptif. Pengumpulan data diperoleh melalui wawancara kepada 100 wisatawan dan 1 pengelola wisata menggunakan kuisioner dengan teknik sampling accidental sampling. Analisis valuasi ekonomi wisata menggunakan pendekatan Travel Cost Method. Potensi yang dimiliki oleh Pantai Wediombo mencakup keindahan dan kondisi daya tarik pantai termasuk dalam  kategori sangat baik, sarana dan prasarana yang sudah memadai, pelayanan pengelola yang cukup baik serta potensi budaya masyarakat seperti Upacara Ngalangi. Nilai ekonomi Pantai Wediombo sebesar Rp.52.787.622.096,00/tahun dengan rata-rata biaya perjalanan individu sebesar Rp. 208.296,00/kunjungan. ABSTRACTWediombo Beach located in Jepitu Village, Girisubo District, Gunungkidul Regency. Wediombo Beach is one of the aquatic ecosystems which has attraction that can be a good tourist destination. The benefits from Wediombo Beach were not yet measure in economic terms and it is important to study the magnitude of the economic value of tourist areas. The purpose of this research is to find out the potential and economic value of the beach. The research held on March at Wediombo Beach. The study used descriptive methods. Data obtained through interviews with 100 tourists and 1 tourism manager using questionnaires with accidental sampling. Analysis of tourism economic valuation using Travel Cost Method approach. The potential of Wediombo Beach including the beauty and conditions of coastal appeal is in a very good category, adequate facilities and infrastructure, good management services and potential cultural communities such as the Ngalangi ceremony. The economic value of Wediombo Beach based on tourist travel cost is about Rp.52.787.622.096.00 / year and average individual travel cost about Rp.208.296 / visit.

scholarly journals The improvement of solidwaste management in Cibodas Botanical Garden through environmental economic valuation using the travel cost method

2019 ◽  
Vol 76 ◽  
pp. 03001
Author(s):  
Iwan Juwana ◽  
Muhammad Sirdar Albar
Keyword(s):  
Environmental Economic ◽  
Solid Waste Management ◽  
Economic Valuation ◽  
Economic Value ◽  
Consumer Surplus ◽  
Botanical Garden ◽  
Travel Cost ◽  
Travel Cost Method ◽  
Conservation Area ◽  
Total Economic Value

Cibodas Botanical Garden (CBG) is believed to have high environmental value for its function as conservation area and beautiful scenery. However, prior to this research, there is lack of economic valuation to determine the total value of CBG, including its environment. The local government, on the other hand, needs such environmental economic valuation to execute better decisions related to the CBG. This study aims at providing the mostly-needed economic valuation through the application of Travel Cost Method. The Travel Cost Method (TCM) is a method to calculate the economic value of products or services that do not own market value. This method utilises total cost of consumers who travel to certain places, preferably tourist destinations. The cost spent by consumers are considered as their willingness to pay (WTP) for the visited destination(s). In this study, TCM is used by preparing questionnaires for Cibodas visitors, analysing the results of the questionnaires, calculating the total economic value (TEV) of Cibodas, determining the consumer surplus, and proposing environmental programs at CBG. At the end, it was calculated that the TEV of Cibodas Botanical Garden is IDR113,072,532,700 with average WTP of the visitors IDR202,484 per visitor and the consumer surplus of IDR32,344 per visitor. Also, this study reveals that solid waste management improvement at CBG can be funded by potential income from the consumer surplus.

scholarly journals Dampak Kegiatan Pariwisata terhadap Status Tutupan Terumbu Karang dan Valuasi Ekonomi di Kepulauan Karimunjawa The Impact of Tourism Activities on The Status of Coral Reef Cover and Economic Valuation in Karimunjawa Island

2020 ◽  
Vol 9 (1) ◽  
pp. 72-80
Author(s):  
Ary Hendri Pribadi ◽  
Suryanti Suryanti ◽  
Churun Ain
Keyword(s):  
Coral Reef ◽  
Coral Reefs ◽  
Coral Cover ◽  
Economic Valuation ◽  
Economic Value ◽  
Travel Cost ◽  
Travel Cost Method ◽  
The Status ◽  
The Impact ◽  
Line Intercept

ABSTRAK Pulau Karimunjawa adalah salah satu objek destinasi wisata keindahan ekosistem terumbu karang. Kunjungan wisatawan di Karimunjawa dapat berdampak pada terumbu karang dan nilai ekonomi pariwisata. Penelitian ini dilaksanakan pada April-Mei 2019 di Kepulauan Karimunjawa, Kabupaten Jepara. Tujuan dari penelitian ini untuk mengetahui dampak pariwisata terhadap nilai status tutupan terumbu karang dengan menggunakan metode Line Intercept Transect (LIT) di Pulau Tanjung Gelam, Pulau Menjangan Besar dan Pulau Cemara Kecil serta nilai valuasi ekonomi pariwisata dengan menggunakan metode biaya perjalanan atau Travel Cost Method (TCM). Hasil yang didapatkan dari penelitian ini yaitu jumlah kunjungan wisatawan yang datang ke Pulau Karimunjawa meningkat sejak tahun 2016 hingga tahun 2018. Kondisi status tutupan terumbu karang yang diperoleh dalam kondisi baik dengan nilai karang hidup yang didapatkan pada Pulau Tanjung Gelam 61,6%, Pulau Menjangan Besar 70,8% dan Pulau Cemara Kecil 57,3%. Luasan terumbu karang pada tahun 2016 hingga tahun 2018 di Pulau Mejangan Besar dan Cemara Kecil mengalami penurunan. Sedangkan nilai valuasi ekonomi tahun 2016 sejumlah Rp.125.426.860,- 2017 dan 2018 sejumlah Rp.135.437.480,- dan Rp.156.932.039,-. Dampak wisatawan yang berkunjung tahun 2016-2018 pada valuasi ekonominya tiap tahunnya mengalami peningkatan. Hasil nilai valuasi ekonomi yang didapatkan pada penelitian ini,nilai rata-rata TCM pada wilayah Kabupaten Jepara Rp.1.111.023,- dan nilai ekonomi pertahunnya Rp.3.369.031.988,-. Rata-rata biaya perjalanan luar wilayah Kabupaten Jepara Rp.1.146.314,- dan nilai biaya pertahunnya Rp.12.324.171.938,-. Nilai total valuasi ekonomi dari dalam wilayah Kabupaten Jepara dan luar wilayah Kabupaten Jepara yaitu Rp.156.693.203.925,-. ABSTRACT Karimunjawa Island is one of the tourist destinations of the beauty of the coral reef ecosystem. Tourist visits in Karimunjawa can have an impact on coral reefs and the economic value of tourism. This research was conducted in April-May 2019 in the Karimunjawa Islands, Jepara Regency. The purpose of this study was to determine the impact of tourism on the status of coral cover status using the Line Intercept Transect (LIT) method on Tanjung Gelam Island, Menjangan Besar Island and Cemara Kecil Island and the economic valuation value of tourism using the travel cost method or the Travel Cost Method ( TCM). The results obtained from this study are the number of tourist arrivals to Karimunjawa Island increased from 2016 to 2018. The status of coral cover status obtained in good condition with the value of live coral obtained on Pulau Tanjung Gelam 61.6%; Pulau Menjangan Besar 70.8% and Pulau Cemara Kecil 57.3%. The extent of coral reefs in 2016 to 2018 on Pulau Mejangan Besar and Pulau Cemara Kecil declined. While the value of economic valuations in 2016 amounted to Idr.125,426,860,- 2017 and 2018 amounted to Idr.135,437,480,- and Idr.156,932,039,-. The impact of tourists visiting 2016-2018 on their economic valuations has increased each year. The results of the economic valuation obtained in this study, the average value of TCM in the Jepara Regency region is Idr.1,111,023, and the annual economic value is Idr.3,369,031,988. The average cost of trips outside the area of Jepara Regency is Idr.1,146,314, and the annual cost is Idr.12,321,171,938. The total value of economic valuations from within the Jepara Regency and outside the Jepara Regency is Idr.156,693,203,925. 

scholarly journals The Economic Valuation of Marjoly Beach and Resort Tour with Travel Cost Method (Travel Cost Method) Bintan District, Riau Islands Province

2021 ◽  
Vol 26 (2) ◽  
pp. 115
Author(s):  
Tri Dian Handayani ◽  
Trisla Warningsih ◽  
Lamun Bathara
Keyword(s):  
Descriptive Analysis ◽  
Economic Valuation ◽  
Economic Value ◽  
Consumer Surplus ◽  
Secondary Data ◽  
Travel Cost ◽  
Travel Cost Method ◽  
Travel Costs ◽  
Total Economic Value ◽  
Method Approach

This research was conducted at Marjoly Beach and Resort, Bintan Regency, Riau Islands Province. This study aims to describe the accommodation and entertainment as well as the socio-economic characteristics of visitors to Marjoly Beach and Resort, to analyze the factors that influence tourist visits to Marjoly Beach and Resort, to analyze the amount of economic value obtained by Marjoly Beach and Resort by accidental sampling with a total of 30 respondents. . The data needed in this research include primary and secondary data. Data were analyzed using descriptive analysis and multiple linear regression and from consumer surplus using the travel cost method. Respondents are determined using the travel cost method approach by estimating the economic value seen from the consumer surplus. The results showed that the total travel costs incurred by all visitors as respondents were around Rp. 38,035,000. Factors that influence tourist visits to Marjoly Beach and Resort are travel costs, income and age. The consumer surplus value obtained from the travel cost method is Rp. 50,276,669.60/ person per year or Rp. 17,955,953.4/ person per visit, then the total economic value obtained from assuming a surplus of tourism consumers in Marjoly Beach and Resort is Rp. 2,295,129,967.25.

scholarly journals Nilai Ekonomi Objek Wisata Alam Pantai Lubang Buaya Di Negeri Morella Kabupaten Maluku Tengah

MAKILA ◽  
2019 ◽  
Vol 13 (2) ◽  
pp. 150-161
Author(s):  
Herlina W. Pratiwi ◽  
Iskar Iskar ◽  
Thomas M. Silaya
Keyword(s):  
Environmental Management ◽  
Economic Valuation ◽  
Economic Value ◽  
Travel Cost ◽  
Travel Cost Method ◽  
Nature Tourism ◽  
Safe Place ◽  
Travel Costs ◽  
Natural Beauty ◽  
Tourism Activity

A natural tourism object is a form of tourism activity that utilizes the potential of natural resources and environmental management. The economic valuation of natural tourism needs to be done to see the value of the existence of nature tourism, which is sometimes valued. One method that can measure the economic value of a tourist area is the Travel Cost Method (TCM). Therefore this study aims to analyze the economic value of the natural tourism object of Lubang Buaya Beach in Negeri Morella, Central Maluku Regency. The results showed that the travel cost (Travel Cost) obtained 69,220 travel costs/person/visit, and the economic value of OWA Lubang Buaya Beach is Rp. 83,064,000 / year. OWA Lubang Buaya Beach in the perception of visitors is a safe place of recreation, beautiful natural beauty, and easy accessibility. It's just that the layout is not good, and tourism facilities are incomplete. So the need for additional facilities and better management. The results of the study of the attraction of beach attractions obtained only elements of beauty and comfort have all aspects of the assessment of the seven elements of the assessment criteria.

scholarly journals Valuasi Ekonomi Sumberdaya Ikan Dan Ekowisata Mangrove Di Muara Angke, Jakarta

2018 ◽  
Vol 7 (4) ◽  
pp. 458-464
Author(s):  
Septya Mega Mahardhika ◽  
Suradi Wijaya Saputra ◽  
Churun Ain
Keyword(s):  
Random Sampling ◽  
Land Use Changes ◽  
Economic Valuation ◽  
Economic Value ◽  
Market Price ◽  
Secondary Data ◽  
Travel Cost ◽  
Economic Benefits ◽  
Travel Cost Method ◽  
Mangrove Ecosystems

Muara Angke merupakan satu – satunya kawasan yang masih memiliki ekosistem mangrove di daerah pesisir Jakarta. Luas Muara Angke kurang lebih 964,98 ha dibagi menjadi tiga zona. Dua diantaranya berkontribusi pada sektor Perikanan dan Ekowisata, yaitu Pangkalan Pendaratan Ikan (PPI) dan Taman Wisata Alam Angke Kapuk (TWAAK). Kurangnya pemahaman umum tentang manfaat ekonomi ekosistem mangrove  menyebabkan masyarakat mengeksploitasi secara berlebihan sehingga terjadi perubahan penggunaan lahan. Tujuan penelitian ini untuk mengetahui nilai ekonomi yang dihasilkan ekosistem mangrove berdasarkan dua aspek yaitu Perikanan Tangkap dan Ekowisata. Data Perikanan Tangkap menggunakan data sekunder dari Pengelola PPI Muara Angke tahun 2016 – 2017. Data sosial ekonomi diperoleh menggunakan  wawancara dengan bantuan kuesioner. Data biaya perjalanan rata – rata diperoleh dengan wawancara pengunjung TWAAK. Analisis Valuasi Ekonomi Perikanan Tangkap menggunakan Market Price Method. Analisis Valuasi Ekonomi Ekowisata Mangrove menggunakan Travel Cost Method. Metode penentuan 100 responden nelayan tangkap menggunakan Random Sampling sedangkan penentuan 100 responden pengunjung TWAAK menggunakan Accidental Sampling. Hasil penelitian didapatkan nilai ekonomi pada aspek perikanan tahun 2016 Rp. 13.148.945.100, tahun 2017 Rp.21.087.388.300 dan tahun 2018 Rp. 370.313.869.500. Hasil penelitian didapatkan nilai ekonomi ekowisata tahun 2018 Rp.40.28.400.000 Muara Angke is the only area that still has mangrove ecosystems in the coastal areas of Jakarta. Muara Angke area is approximately 964.98 ha divided into three zones. Two of them contribute to the Fisheries and Ecotourism sector, namely Fish Landing Base (PPI) and Angke Kapuk Nature Park (TWAAK). Lack of general understanding of the economic benefits of mangrove ecosystems causes people to over-exploit so that land use changes occur. The purpose of this study was to determine the economic value generated by mangrove ecosystems based on two aspects, namely Capture Fisheries and Ecotourism. Capture Fisheries Data uses secondary data from Muara Angke PPI Manager in 2016 - 2017. Socio-economic data were obtained using interview with Muara Angke fishermen with questionnaire assistance. Average travel cost data is obtained by interviewing TWAAK visitors. Capture Fisheries Economic Valuation Analysis using Market Price Method. Economic Valuation Analysis of Ecotourism Mangroves use the Travel Cost Method. The method of determining 100 respondents of capture fishermen uses Random Sampling while the determination of 100 respondents of TWAAK visitors uses Accidental Sampling. The results of the study obtained economic value in aspects of fisheries in 2016 Rp. 13,148,945,100, in 2017 Rp.21,087,388,300 and in 2018 Rp. 370,313,869,500. The results of the study obtained the economic value of ecotourism in 2018 Rp. 40.28.400.000

scholarly journals Penilaian Ekonomi Wisata Pesisir Kawasan Carocok Painan, Kabupaten Pesisir Selatan, Sumatera Barat

2017 ◽  
Vol 18 (1) ◽  
pp. 1-21 ◽  
Author(s):  
Khairunnisa Khairunnisa ◽  
Tridoyo Kusumastanto ◽  
Achmad Fahrudin
Keyword(s):  
Contingent Valuation ◽  
Contingent Valuation Method ◽  
Supply And Demand ◽  
Economic Valuation ◽  
Economic Value ◽  
Travel Cost ◽  
Quality Analysis ◽  
Travel Cost Method ◽  
Coastal Tourism ◽  
Valuation Method

Economic Assesment of Coastal Tourism in Carocok Painan, Pesisir Selatan Regency, West SumateraCarocok Painan is one of the potential areas for coastal tourism in Pesisir Selatan Regency. The area has beautiful beaches, coastal resources and historical sites that attract tourists. This study aims to estimate the supply and demand for coastal tourism in Carocok Painan. The supply conditions based on water quality analysis, suitability area, and carrying capacity show that the Carocok Painan is suitable for coastal tourism. The analysis of demand shows that the economic value of Carocok Painan for tourists using the travel cost method is Rp41,521,536,000 per year, while the economic value for residents using contingent valuation method is Rp347,756,632 per year. Keywords: Carocok Painan; Coastal Tourism; Contingent Valuation Method; Economic Valuation; Tourism Economic Value; Travel Cost Method AbstrakCarocok Painan merupakan salah satu kawasan yang potensial untuk tujuan wisata pesisir di Kabupaten Pesisir Selatan. Kawasan ini memiliki pantai yang indah, sumber daya pesisir dan situs sejarah yang dapat menarik wisatawan. Penelitian ini bertujuan untuk memperkirakan kondisi penawaran dan permintaan wisata pesisir Kawasan Carocok Painan. Kondisi penawaran berdasarkan analisis kualitas air, kesesuaian lahan, dan daya dukung menunjukkan bahwa Kawasan Carocok Painan sesuai untuk wisata pesisir. Analisis kondisi permintaan menunjukkan bahwa nilai ekonomi Kawasan Carocok Painan bagi wisatawan yang diestimasi dengan travel cost method adalah Rp41.521.536.000 per tahun, sedangkan nilai ekonomi bagi penduduk yang diestimasi dengan contingent valuation method adalah Rp347.756.632 per tahun.

scholarly journals Economic Valuation of Marine Tourism in Small Island Using Travel Cost Method (Case Study: Untung Jawa Island, Indonesia)

Omni-Akuatika ◽  
2018 ◽  
Vol 14 (1) ◽  
Author(s):  
Firman Zulpikar ◽  
Leo Alexander Tambunan ◽  
Siti Rahmi Utami ◽  
Warsono El Kiyat
Keyword(s):  
Positive Impact ◽  
Economic Valuation ◽  
Economic Value ◽  
Consumer Surplus ◽  
Travel Cost ◽  
Small Island ◽  
Travel Cost Method ◽  
Marine Tourism ◽  
Tourism Activity ◽  
Tourist Demand

Marine tourism activities in small islands have an important role in the development of Indonesia maritime sector. This study aimed to estimate the economic value of marine tourism activities in Untung Jawa Island. Individual Travel Cost Method (ITCM) was selected to analyze the level of tourism demand of Untung Jawa. Samples were taken from three different season visits are weekday, weekend, and national holidays. The results showed the factors that have an effect on the level of tourist demand of Untung Jawa Island are travel cost, income, and distance to the location. The potential economic value of marine tourism Untung Jawa Island was IDR 68,505,101,600 with consumer surplus of IDR 397,592 per individual trip. This value is higher than the average of actual visitor expenditure which reached IDR 296,860 per individual trip. Tourism activity has a positive impact on economic conditions of local communities. The results of this study have provided useful information for sustainable management of marine resources.

scholarly journals Valuasi Ekonomi Taman Wisata Alam Gunung Pancar Kabupaten Bogor

2020 ◽  
Vol 8 (2) ◽  
pp. 285
Author(s):  
Tatan Sukwika ◽  
Hendrietta Kasih
Keyword(s):  
Economic Valuation ◽  
Economic Value ◽  
Consumer Surplus ◽  
Travel Cost ◽  
Travel Cost Method ◽  
Tourist Attractions ◽  
Visit Frequency ◽  
Nature Park ◽  
Total Economic Value

Mount Pancar Nature Park (TWAGP) was located in Karang Tengah Village, Babakan Madang District, Bogor Regency. As a unity of sustainability, the TWAGP ecosystem must be able to provide benefits with various values. In the context of the valuation approach, of course, there are practical and normative dimensions for selecting ecosystem services. This study aimed to determine the factors that affect the number of visits to TWAGP and calculate the economic valuation of TWAGP based on the travel cost method (TCM). The method used was TCM. This method was calculated based on total consumer surplus, the coefficient of travel expenses, and total visits respondents. The analysis showed that four factors influence visit frequency, to TWAGP including, cost of travel, level of education, length of knowledge and distance travelled. The consumer surplus of individuals per visit was Rp209.000, and the total economic value was Rp8.535.978.000. The recommendation is a response to the willingness of visitors to pay an additional entry fee than what enforced needs to followed by improving the quality of tourist attractions so that visitors are satisfied and increasingly want to return to visit.   Keyword: Consumer surplus, Economic valuation, Mount pancar nature park, Sustainability, Travel cost method

scholarly journals Economic Valuation of Cultural Heritage: Application of Travel Cost Method to the National Museum and Research Center of Altamira

2018 ◽  
Vol 10 (7) ◽  
pp. 2550 ◽  
Author(s):  
Saúl Torres-Ortega ◽  
Rubén Pérez-Álvarez ◽  
Pedro Díaz-Simal ◽  
Julio de Luis-Ruiz ◽  
Felipe Piña-García
Keyword(s):  
Cultural Heritage ◽  
Demand Curve ◽  
Economic Valuation ◽  
Economic Value ◽  
Revealed Preference ◽  
Travel Cost ◽  
World Heritage Site ◽  
Research Center ◽  
Travel Cost Method ◽  
National Museum

The economic assessment of non-marketed resources (i.e., cultural heritage) can be developed with stated or revealed preference methods. Travel cost method (TCM) is based on the demand theory and assumes that the demand for a recreational site is inversely related to the travel costs that a certain visitor must face to enjoy it. Its application requires data about the tourist’s origin. This work aims to analyze the economic value of the National Museum and Research Center of Altamira, which was created to research, conserve, and broadcast the Cave of Altamira (UNESCO World Heritage Site since 1985). It includes an accurate replica known as the “Neocave”. Two different TCM approaches have been applied to obtain the demand curve of the museum, which is a powerful tool that helps to assess past and future investments. It has also provided the annual economic value estimate of the National Museum and Research Center of Altamira, which varies between 4.75 and 8.00 million € per year.

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