scholarly journals ANALISIS FAKTOR-FAKTOR YANG MEMPENGARUHI JUMLAH KUNJUNGAN DAN NILAI EKONOMI KEBUN RAYA BOGOR

2019 ◽  
Vol 19 (1) ◽  
Author(s):  
Yuzuardi Haban ◽  
Rosalina A.M. Koleangan ◽  
George M.V. Kawung
Keyword(s):  
Economic Value ◽  
Consumer Surplus ◽  
Substitution Effect ◽  
Economic Assessment ◽  
Botanical Garden ◽  
Travel Cost ◽  
Travel Cost Method ◽  
Botanical Gardens ◽  
Number Of Visits ◽  
The Cost

ANALISIS FAKTOR-FAKTOR YANG MEMPENGARUHI JUMLAH KUNJUNGAN DAN NILAI EKONOMI KEBUN RAYA BOGORYuzuardi Haban, Rosalina A.M. Koleangan, George M.V. KawungFakultas Ekonomi dan Bisnis, Magister Ilmu EkonomiUniversitas Sam Ratulangi, ManadoABSTRAK Penelitian ini memiliki dua tujuan, tujuan yang pertama untuk mengetahui pengaruh faktor-faktor yang diduga mempengaruhi jumlah kunjungan individu ke Kebun Raya Bogor dengan menggunakan analisis regresi berganda, faktor-faktor tersebut antara lain biaya perjalanan (travel cost), pendapatan (income), umur (age), tingkat pendidikan (education), persepsi kualitas (quality) dan pengaruh substitusi (substitution) tempat wisata sejenis. Tujuan yang kedua adalah untuk mengestimasi nilai ekonomi Kebun Raya Bogor dengan  menggunakan salah satu metode penilaian ekonomi yaitu Travel Cost Method (TCM) atau metode biaya perjalanan, sebuah metode berdasarkan survei yang menggunakan biaya perjalanan ke suatu lokasi tujuan untuk mengestimasi fungsi permintaan akan lokasi tersebut. Dengan menerapkan fungsi permintaan dalam model regresi hubungan antara jumlah kunjungan dan variabel yang mempengaruhi jumlah kunjungan dapat diperoleh. Hal ini membuat metode travel cost memungkinkan untuk mengestimasi surplus konsumen yang nilainya digunakan untuk mewakili nilai ekonomi Kebun Raya Bogor. Objek penelitian yang dipilih adalah Kebun Raya Bogor yang merupakan salah satu obyek wisata terkenal di Kota Bogor, Provinsi Jawa Barat. Data yang digunakan dalam penelitian ini menggunakan sampel sejumlah 100 pengunjung Kebun Raya Bogor. Kata kunci: Penilaian Ekonomi, Travel Cost Method, Tempat Wisata, Surplus KonsumenABSTRACT This study has two objectives, the first objective was to determine the influence of the factors suspected to affect the number of individual visits to the Bogor Botanical Garden by using multiple regression analysis, these factors include travel cost, income, age, education level, perceived quality and substitution effect similar sites. The second objective is to estimate the economic value of the Bogor Botanical Gardens using one of the methods of economic assessment is Travel Cost Method (TCM), a method based on a survey using the cost of traveling to a destination for estimating function will request that location. By applying the demand function in the regression model the relationship between the number of visits and the variables that influence the number of visits can be obtained. This makes the travel cost method allows to estimate the consumer surplus value is used to represent the economic value of the Bogor Botanical Gardens. The selected research object is the Bogor Botanical Garden which is one of the famous sights of the city of Bogor, West Java Province. The data used in this study using a sample of 100 visitors Bogor Botanical Gardens. Keywords: Economic Evaluation, Travel Cost Method, Tourism, Consumer Surplus

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 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 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 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.

Valuing marine parks in a small island developing state: a travel cost analysis in Seychelles

2013 ◽  
Vol 18 (4) ◽  
pp. 405-426 ◽  
Author(s):  
Paul Mwebaze ◽  
Alan MacLeod
Keyword(s):  
Economic Valuation ◽  
Economic Value ◽  
Consumer Surplus ◽  
Travel Cost ◽  
Small Island ◽  
Government Investment ◽  
Policy Makers ◽  
Goods And Services ◽  
Seychelles Islands ◽  
The Cost

AbstractA major problem facing the Seychelles islands is the decline in the quality and the value of marine protected areas (MPAs). Economic valuation can help guide policy makers to understand the value of marine resources and the cost of neglecting MPAs by expressing the value of their goods and services in monetary terms. This paper presents an analysis of the economic value of a group of marine parks in Seychelles. The travel cost method is used to establish willingness-to-pay of international tourists for trips to marine parks in Seychelles from their observed behaviour. The average per-trip consumer surplus is approximately €128 for single-site visitors and €65 for multiple-site visitors. The total social welfare value attributable to the recreational opportunity in marine parks is approximately €3.7 million annually. These results provide policy makers with a strong justification for government investment needed to maintain marine sites in Seychelles.

scholarly journals Visitors’ Preferences on the Characteristics of Bogor Botanical Gardens

2020 ◽  
Vol 12 (22) ◽  
pp. 9489
Author(s):  
Sigit Dian Affandi ◽  
Alin Halimatussadiah ◽  
Farha Widya Asrofani
Keyword(s):  
Consumer Surplus ◽  
Travel Cost ◽  
Economic Benefits ◽  
Choice Modeling ◽  
Educational Tools ◽  
Botanical Gardens ◽  
Gender And Education ◽  
Number Of Visits ◽  
Compensating Surplus ◽  
Number Of Plant Species

This study aims to estimate the economic benefits of the Bogor Botanical Gardens (BBG) in terms of willingness to pay (WTP) and, using the estimation, to make a scenario of the entrance fee. Data were collected through a survey among 414 local visitors using the travel cost method (TCM) and choice modeling method (CM). The result from the TCM reveals that travel cost, gender, and education significantly affect the number of visits to the BBG. The value of consumer surplus amounts to IDR 582,072 (USD 40.90) and the total value of benefits obtained is IDR 728.8 billion (USD 51.21 million) per year. Meanwhile, the CM result shows that compensating surplus is estimated at IDR 19,704 (USD 1.38) and the total value of benefits is IDR 24.67 billion (USD 1.73 million) per year. The CM shows that the attributes of service cars as well as information and environmental educational tools and infrastructure have positive and significant values to the visitors. Thus, there is a potential to increase the entrance fee for tourists to become IDR 20,629 (USD 1.45) per visit. Through the increase in entrance fee, the BBG could generate a potential revenue of IDR 25.83 billion (USD 1.81 million) per year, which can improve the number of plant species, information and environmental educational tools and infrastructures, and service cars inside the BBG.

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 Recreational use Value of a Firefly Watching Ecotourism and Wildlife Park in Palawan, Philippines using the Travel Cost Method

2021 ◽  
pp. 115-119
Author(s):  
Jessa Marie Salvador-Caabay
Keyword(s):  
Economic Value ◽  
Sustainable Use ◽  
Cost Effective ◽  
Travel Cost ◽  
Management Plan ◽  
Travel Cost Method ◽  
Travel Costs ◽  
Number Of Visits ◽  
The Individual ◽  
Indirect Relationship

Ecotourism has been known to be globally popular which promotes natural resources that will function for recreational activities but following the methods for sustainable use and implementation. For proper management plans, various ecotourism sites are evaluated for they recreation use values. In this study, the Travel Cost Method (TCM) was applied in order to calculate the economic value of Iwahig Firefly Watching Ecotourism and Wildlife Park in Palawan, Philippines. The individual travel cost method was utilized in this study which was found to be a cost-effective and convenient method. It was found out that age, income and travel costs are some of the factors that have a significant effect on the number of annual visits of individuals in the site. The travel costs and age both have indirect relationship with the number of visits to the site, while the annual income have a direct relationship on the number of visits. This may be useful in terms of management plan and conservation.

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 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.

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