scholarly journals Economic evaluation on the tourism and recreational values of Can Gio biosphere reserve by adopting the travel cost method

2015 ◽  
Vol 18 (4) ◽  
pp. 153-165
Author(s):  
Hoang Thi Minh Vo ◽  
Thanh Thi Tu Nguyen
Keyword(s):  
Natural Resources ◽  
Demand Curve ◽  
Economic Value ◽  
Consumer Surplus ◽  
Biosphere Reserve ◽  
Travel Cost ◽  
Travel Cost Method ◽  
Total Economic Value ◽  
Tourism Potential ◽  
Can Gio Mangrove

The research aims at estimating the tourism and recreational values of Can Gio Mangrove Biosphere Reserve, Ho Chi Minh City, specifically, assessed the tourism potential via the willingness-to-pays of respondents (including domestic tourists and local people) for sustaining the landscape and regenerating natural resources as well as protecting the environment. The zone travel cost method was adopted in this study, to firstly plot the demand curve and then to estimate the values of recreation for visitors, eventually, come up with the total economic value of natural resources and environment of the research site. The results showed that the total recreational value of this resort is 6,542.3 billion VND while the consumer surplus values that visitors would receive from tourism activities are 1,389 billion VND. Each the tourist is willing to pay 107 thousand VND to improve the quality of tourism services, upgrading the infrastructure, sustaining the environmental quality and protecting the pristine look of the landscape.

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 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 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 Kajian Valuasi Ekonomi Objek Wisata Sekar Langit Kabupaten Magelang dengan Pendekatan Travel Cost Method

2019 ◽  
Vol 3 (2) ◽  
pp. 221-229
Author(s):  
Rr Retno Retno Sugiharti ◽  
Fitrah Sari Islami ◽  
Yulida Army Nurcahaya
Keyword(s):  
Economic Value ◽  
Travel Cost ◽  
The Other ◽  
Travel Cost Method ◽  
Tourist Attraction ◽  
Regional Government ◽  
Tourist Attractions ◽  
Other Hand ◽  
Regional Topography ◽  
Tourism Potential

Abstrak Kabupaten Magelang yang berada di lereng gunung dengan topografi wilayah yang bervariasi memiliki potensi pariwisata lokasi yang sangat besar. Namun sayangnya objek-objek wisata di Kabupaten Magelang rata-rata belum dikelola dengan baik. Melalui penelitian ini, ingin mengkaji salah satu objek wisata di Kabupaten Magelang yaitu Air Terjut Sekar Langit. Dengan pertumbungan jumlah kunjungan yang positif menunjukkan bahwa objek ini memiliki potensi untuk berkembang bila dikelola dengan baik. Menggunakan travel cost method, penelitian itu bertujuan untuk mengetahui  nilai ekonomi dari objek wisata Air Terjun Sekar Langit sehingga dalam jangka Panjang dapat digunakan sebagai pertimbangan Pemerintah dan Dinas terkait untuk mengelola sekaligus tetap melestarikan sumber daya alam yang ada di Air Terjun Sekar Langit, serta sebagai referensi untuk pengambilan kebijakan. Abstract Magelang Regency is on a mountainside with varied regional topography which has a very large tourism potential location. But unfortunately, tourist attractions in Magelang regency on average have not been managed well. Through this research, we want to examine one of the tourist attractions in Magelang Regency, which is the Waterfall of Sekar Langit. With the growth in the number of positive visits shows that this object has the potential to develop if managed properly. Using the Travel Cost Method, this study aims to analyze the economic value of the Sekar Langit Waterfall attraction. With the hope that the results of this study can be used as consideration for the Regional Government and related agencies to manage, but on the other hand the natural preservation of the Sekar Langit tourist attraction is maintained.  

scholarly journals Economic Value of Tourism in Bunaken Island based on Travel Cost Method

2021 ◽  
Vol 9 (1) ◽  
pp. 41
Author(s):  
Anna Maria Lalenoh ◽  
Silverter B. Pratasik ◽  
Unstain N. W. J. Rembet ◽  
Siti Suhaeni ◽  
Ruddy D. Moningkey
Keyword(s):  
Significant Contribution ◽  
Economic Value ◽  
Travel Cost ◽  
Travel Cost Method ◽  
Travel Costs ◽  
The Social ◽  
Island Communities ◽  
Total Economic Value ◽  
Economic Contribution ◽  
Social Economic Development

The objective of the study was to obtain the economic value of tourism in Bunaken Island. It employed Travel Cost Method (TCM), the expenses spent by the visitors from their house to Bunaken Island and during their stay on the island. Questioneers were used as a data collection tool. There were 100 respodents selected using accidental sampling and purposssive sampling. Data analysis applied travel costs of the visitors to Bunaken Island. Results revealed that total economic value based on the total travel costs of IDR. 147.875.000 with an average of IDR. 1.478.750/pers. was IDR. 257.262.425.875. This value is expected to be able to give significant contribution to the social-economic development to Bunaken Island communities, Manado, North Sulawesi.Keywords:  Tourism; expense; economic contribution; community. AbstrakTujuan penelitian adalah untuk mendapatkan nilai ekonomi wisata di Pulau Bunaken. Penelitian ini menggunakan Travel Cost Method (TCM), yaitu biaya yang dikeluarkan oleh pengunjung dari tempat tinggal dan selama berada di Pulau Buanken. Kuesioner digunakan sebagai alat pengumpul. Data 100 orang responden yang dipilih menggunakan accidental sampling dan purpossive sampling. Pengolahan data menggunakan biaya perjalanan responden ke Pulau Bunaken. Hasil menujukkan bahwa total nilai ekonomi berdasarkan total biaya perjalanan sebesar Rp. 147.875.000 dengan rata-rata biaya perjalanan sebesar Rp. 1.478.750/orang, sehingga total nilai ekonomi Pulau Bunaken adalah sebesar Rp. 257.262.425.875. Nilai ini diharapkan akan memberikan efek yang signifikan bagi pertumbuhan sosial ekonomi khususnya masyarakat Pulau Bunaken, masyarakat Kota Manado dan provinsi Sulawesi Utara.Kata kunci: Pariwisata; biaya; kontribusi ekonomi; masyarakat.

scholarly journals An economic evaluation of a forest park using the individual travel cost method (a case study of Ghaleh Rudkhan forest park in northern Iran)

2018 ◽  
Vol 6 (2) ◽  
pp. 48-55 ◽  
Author(s):  
Solmaz Zandi ◽  
Soleiman Mohammadi Limaei ◽  
Neda Amiri
Keyword(s):  
Ecosystem Services ◽  
Economic Value ◽  
Market Price ◽  
Consumer Surplus ◽  
Travel Cost ◽  
Travel Cost Method ◽  
Northern Iran ◽  
Forest Park ◽  
Recreational Value ◽  
The Individual

AbstractThe true economic value of ecosystem services may not be reflected in market transactions, because there is no real transaction for ecosystem services in the market. Therefore, it is important to evaluate the cost of time and travel to define the value people place on something in the absence of a market price. This study estimates the recreational value of Ghaleh Rudkhan forest park in the north of Iran using the individual travel cost method. This method is considered to be a substitute approach for the market. The data required were collected using questionnaires. Therefore, 271 questionnaires were randomly distributed between the visitors of the recreational site in 2016. In this study, a linear function is used to estimate the effects of explanatory variables including economic and social variables on the number of visits to estimate the recreational value of the forest park. Results showed that a consumer surplus of each person for their visit was 21500 Rials and the annual recreational value of the park was 78390595 Rials per ha. Furthermore, the variables such as travel expenses, income, distance, family size and visitor’s age are effective factors in the recreational use of the park. The results of this study can improve the quality of environmental services of the Ghaleh Rudkhan forest park and could expand the variety of services that they could supply based on the demand of the people.

scholarly journals Green GRDP calculation by total economic value methods: Case study in Cần Giờ mangrove biosphere reserve

2020 ◽  
Vol 4 (4) ◽  
pp. first
Author(s):  
Le Duc Tuan
Keyword(s):  
Sustainable Development ◽  
Economic Development ◽  
United Nations ◽  
Conceptual Framework ◽  
Economic Value ◽  
Biosphere Reserve ◽  
Total Economic Value ◽  
The United Nations ◽  
The Government ◽  
Can Gio Mangrove

In the context that Vietnam develops for international integration, the government has oriented socio-economic development to develop in a sustainable way, not kind of development at all costs. This is clearly shown through the fact that ministries and governmental institutions have adjusted policies and target programs to achieve the millennium goal set by the United Nations to serve the action plan for the sustainable development of the entire nation. From the point of view of sustainable development, many countries around the world have calculated green GDP instead of normal GDP to see that economic development must be closely linked to social progress and environmental protection. Throughout many years of research on the total economic value of a system of environmental resources, especially the total economic value of the humanistic ecology system of Can Gio Mangrove Biosphere Reserve, the author found that there are similarities in the calculation of green GRDP and that of the total economic value of a geographic area. This paper aims to present a conceptual framework to calculate the green GRDP for the Can Gio Mangrove Biosphere Reserve, using total economic value methods. The author also links the United Nations documents and the Statistics Law with the Government of Vietnam's guiding documents for implementing the law to formulate a green GRDP calculation conceptual framework using the methods of total economic value calculation. To calculate the Green GRDP of Can Gio Mangrove Biosphere Reserve by using the total economic value methods is an illustration to convince the validity of the Green GRDP Conceptual Framework. Hopefully there will be many comments from scientists and managers to be able to unify how to calculate green GRDP for mangrove areas and to move towards calculating green GRDP for the national economy, in order to manage the balance between "conservation for development" and "development for conservation" according to the trend of sustainable development.

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 Objek Wisata Berbasis Jasa Lingkungan Menggunakan Metode Biaya Perjalanan di Pantai Batu Karas Kabupaten Pangandaran

2017 ◽  
Vol 1 (1) ◽  
pp. 53 ◽  
Author(s):  
FIRMAN ZULPIKAR ◽  
DANDY E. PRASETIYO ◽  
TITIS VIRGININDA SHELVATIS ◽  
KINTA KARISSA KOMARA ◽  
MONICA PRAMUDAWARDHANI
Keyword(s):  
Local Community ◽  
Linear Regression Analysis ◽  
Economic Value ◽  
Influence Factors ◽  
Consumer Surplus ◽  
Travel Cost ◽  
Economic Benefits ◽  
Influential Factors ◽  
Travel Cost Method ◽  
Tourism Demand

Batu Karas beach at Pangandaran Regency, West Java Province has the potential of natural beauties that can be used as an ecotourism object. The purpose of this study was to determine the economic value of environmental service-based tourism and to identify factors that contribute to the tourism demand to Batu Karas beach. Individual Travel Cost Method (ITCM) was used to estimate the potential economic value of tourism activity, and linear regression analysis was used to determine the influence factors of tourism demand. Data was obtained through questionnaires to respondents. The results showed that the most influential factors of the level of tourist demand to Batu Karas beach are travel cost, distance and duration in the location. The demand equation model based on travel cost method is Y = 1.766 􀂱 0.000001887 X1 ; where Y= tourism demand and X1 = travel cost. Potential economic value of ecotourism in Batu Karas beach reached Rp 86,571,960,874.00 annually with a consumer surplus of Rp 566,183.00 per individual per year. Major economic benefits from tourism activities in Batu Karas beach brings socio-economic improvement of the local community.

scholarly journals Economic value analysis of Simarjarunjung Nature Tourism Area, Simalungun Regency, North Sumatera

2021 ◽  
Vol 912 (1) ◽  
pp. 012050
Author(s):  
A Purwoko ◽  
S Latifah ◽  
C Siahaan
Keyword(s):  
Linear Regression Analysis ◽  
Economic Value ◽  
Multiple Linear Regression Analysis ◽  
Travel Cost ◽  
Travel Cost Method ◽  
Economic Potential ◽  
Value Analysis ◽  
Nature Tourism ◽  
Tourism Potential ◽  
The Individual

Abstract Indonesia’s natural potential is very diverse, one of which is the natural tourism potential of the provinces in Indonesia. Sumatra, especially North Sumatra, is currently developing its natural potential, namely the Simarjarunjung Nature Tourism Area. This area is a magnet for tourists, because the hill is one of the ideal locations to see the landscape of Lake Toba. This study is aimed to analyze the total economic value with the travel method (Travel Cost Method) and the factors that influence tourists’ visits to the Simarjarunjung Natural Tourism Area. The method used to estimate the economic potential of tourism activities in the Simarjarunjung Nature Tourism Area is the individual travel cost method, while to determine the factors that affect the intensity of tourist visits to the Simarjarunjung Nature Tourism Area, it is determined by multiple linear regression analysis. The research data were obtained by asking questions on the questionnaire to the visitors. The results showed that the economic potential of the Simarjarunjung Nature Tourism Area reached IDR. 6,207,894,000/year, and the variables that had a significant effect on the intensity of tourists’ visits to the Simarjarunjung Nature Tourism Area were travel costs, age, and distance variables.

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