scholarly journals Economic Valuation of Santolo Beach Tourism in Garut Regency West Java

2020 ◽  
pp. 1-12
Author(s):  
Viani Puji Lestari ◽  
Zuzy Anna ◽  
. Iskandar ◽  
Iwang Gumilar
Keyword(s):  
Willingness To Pay ◽  
Contingent Valuation ◽  
Linear Model ◽  
Contingent Valuation Method ◽  
Economic Value ◽  
Travel Cost ◽  
Travel Cost Method ◽  
Valuation Method ◽  
Beach Tourism ◽  
Number Of Visits

This study aimed to estimate the economic value of Santolo Beach tourism area. This research conducted from December 2019 until January 2020. The method used in this research is survey method with accidental sampling as the data collecting technique. Travel Cost Method and Contingent Valuation Method applied to estimate Santolo Beach's economic value. The factors influenced the number of visits and Willingness to Pay value identified by multiple linear regression. The results of the research showed that the economic value of Santolo Beach with the Travel Cost Method is IDR 114.26 Billion per year for the linear model and IDR 177.79 Billion per year for the semi-log model while the result from the Contingent Valuation Method is IDR 3.65 Billion per year. The factors that influence the number of visits in the linear model are travel costs, income, education, and distance while in the semi-log model is distance. The variables that influence the value of visitors' Willingness to Pay are income and education for both the linear model and the semi-log model.

scholarly journals Valuasi Ekonomi Wisata Memancing di Perairan Laut Sekitar Tanjung Kait, Tangerang, Banten: Pendekatan Contingent Valuation Method dan Travel Cost Method

2020 ◽  
Vol 4 (3) ◽  
pp. 172-185
Author(s):  
Titan Budi Setyawan ◽  
Achmad Fahrudin ◽  
Handoko Adi Susanto
Keyword(s):  
Contingent Valuation ◽  
Influencing Factors ◽  
Contingent Valuation Method ◽  
Economic Value ◽  
Travel Cost ◽  
Travel Cost Method ◽  
Recreational Fishing ◽  
Tourism Demand ◽  
Valuation Method ◽  
Tourism Activity

Economic Valuation of Recreational Fishing Tourism in Tanjung Kait Coastal Water, Tangerang, Banten: Contingent Valuation Method and Travel Cost Method Approach Tanjung Kait, located in the north coast of Tangerang, has undeveloped tourism potential of recreational fishing on a bamboo platform in the middle of the sea. The purpose of this research was to determine the economic value of recreational fishing tourism in Tanjung Kait and to identify the influencing factors of the tourism demand in Tanjung Kait. Methods used in this research were Travel Cost Method (TCM) and Contingent Valuation Method (CVM). Linear regression was used to determine influencing factors of tourism demand. Data were obtained by interviewing tourists as respondents, with the help of questionnaires. The result of TCM showed that factors that significantly contributed the number of visits were education and duration of visit. Potential economic value of tourism activity in Tanjung Kait based on TCM reached IDR 3,272,524,846 annually. The result of CVM showed that the factor that significantly affected willingness-to-pay was education. Potential economic value of tourism activity in Tanjung Kait based on CVM reached IDR 2,254,934,539 annually.

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.

Assessment of Economic Value of Doddabommasandra Lake Using Contingent Valuation Method and Travel Cost Method

2021 ◽  
pp. 53-69
Author(s):  
D. N. Shilpa ◽  
K. Nruthya ◽  
L. G. Santhosh ◽  
Simran Sanu ◽  
Anukul Nidhi
Keyword(s):  
Contingent Valuation ◽  
Contingent Valuation Method ◽  
Economic Value ◽  
Travel Cost ◽  
Travel Cost Method ◽  
Valuation Method

scholarly journals Penentuan Nilai Ekonomi Taman Nasional Gunung Ciremai Dengan Metode Contingen Valuation Method

2019 ◽  
Vol 3 (2) ◽  
Author(s):  
Ali Al Madaidy ◽  
Iwan Juwana
Keyword(s):  
Waste Management ◽  
Willingness To Pay ◽  
Contingent Valuation ◽  
National Parks ◽  
National Park ◽  
Contingent Valuation Method ◽  
Travel Cost ◽  
Travel Cost Method ◽  
Conservation Area ◽  
Valuation Method

ABSTRAKTaman Nasional Gunung Ciremai (TNGC) di Jawa Barat merupakan kawasan konservasi dan salah satu wisata alam di Indonesia. Pengelolaan Taman Nasional Gunung Ciremai (TNGC) Jalur Pendakian Apuy dikelola oleh Mitra Pariwisata Gunung Ciremai (MPGC) Argamukti dan didampingi oleh Seksi Pengelola Taman Nasional II (SPTN II) resort Argalingga. Menjadi destinasi pendakian gunung oleh wisatawan menimbulkan permasalahan tersendiri bagi TNGC sebagai sebuah kawasan hutan. Permasalahan yang timbul antara lain adalah sampah yang dibawa oleh pengunjung taman nasional yang tidak terkelola dengan baik. Selain itu, keterbatasan pengetahuan dan keterbatasan dana yang dihadapi oleh pengelola menambah pelik permasalahan persampahan di area wisata ini. Salah satu alasan dilakukannya penelitian ini adalah belum adanya penelitian mengenai Willingness to pay (WTP) untuk pengelolaan persampahan di Taman Nasional Gunung Ciremai. Contingent Valuation Method (CVM) yang digunakan dalam penelitian ini dimaksudkan untuk menentukan nilai WTP dan nilai tersebut nantinya dijadikan sebagai informasi awal biaya untuk pengelolaan persampahan di Taman Nasional Gunung Ciremai Hasil penelitian ini menunjukan bahwa rataan WTP responden wisatawan berdasarkan CVM adalah sebesar Rp. 13.646,- atau Rp. 200.996.776 /tahun.Kata kunci: Willingness to Pay, Travel Cost Method, Contingent Valuation Method, Taman Nasional Gunung Ciremai. ABSTRACTMount Ciremai National Park (TNGC) in West Java is a conservation area and one of nature tourism in Indonesia. The Apuy Track in Mount Ciremai National Park are managed by Argamukti’sCiremai Mountain Ascent Community (MPGC) and accompanied by Section II of The National Park Management (STPN II) Argalingga resort. Being a mountain climbing destination raises its own problems for TNGC as a forest. The problems that arise include visitors wastes in national parks are not properly managed. Furthermore, limited knowledge and funds which is faced by the management are increasing the waste problems in this tourism area. One of the reason of this study is the research on Willingness to Pay (WTP) for solid waste management still rare in Mount Ciremai National Park. Contingent Valuation Method (CVM) are used to determine the WTP value and it will be used as first information for waste management costs in Mount Ciremai National Park. The results of this research shown that the average WTP of tourist respondents based on CVM is Rp. 13.646,- or Rp. 200.996.776,- /year.Keywords: Willingness to Pay, Travel Cost Method, Contingent Valuation Method, Mount Ciremai National Park.

scholarly journals Valuing Ecotourism of a Recreational Site in Ciamis District of West Java, Indonesia

JEJAK ◽  
2017 ◽  
Vol 10 (1) ◽  
pp. 172-188
Author(s):  
Endah Saptutyningsih ◽  
Rini Selviana
Keyword(s):  
Willingness To Pay ◽  
Contingent Valuation ◽  
Contingent Valuation Method ◽  
Consumer Surplus ◽  
Travel Cost ◽  
Travel Cost Method ◽  
Welfare Benefit ◽  
West Java ◽  
Valuation Method ◽  
Natural Beauty

Ecotourism, as an alternative tourism, involves visiting natural areas in order to learn, to study or to carry out activities environmentally friendly, that is a tourism based on the nature experience which enables the economic and social development of local communities. Ecotourism encourages rural economics and provides benefits to income and employment generation. It is considered as an alternative for enhancing rural lifestyle and for leading positive changes in the distribution of income. One of the area which has ecotourism site in Indonesia is Karangkamulyan site, Ciamis District of West Java. There is a tourist attraction that not only offers natural beauty, history and cool atmosphere, it also serves as a place of education and research on the history in the field of archeology. This attraction should receive special attention from the local government so that the tourists and local people also get the benefits. Ecotourism can be classified as possessing public goods-type characteristics, and as such, welfare benefit estimates must utilize non-market valuation techniques. This study employs the travel cost method and contingent valuation method. Travel cost and contingent valuation methods are applied to the problem of estimating the potential consumer surplus available to tourists from ecotourism in Ciamis. The results are compared with contingent valuation analysis of willingness-to-pay of tourists in their current trip to ecotourism sites of Ciamis. The result of travel cost method indicates that tourists average travel cost is estimated at no more than one hundred thousand rupiahs. The contingent valuation method concludes that the tourists average willingness to pay in their trip to ecotourism sites of Ciamis is are about IDR 6,800 in average.

scholarly journals A Study on the Value of Preserving a Parasitic Volcanic Sieve as a Tourism Good for Sustainable Management: Using the Contingent Valuation Method

2020 ◽  
Vol 12 (7) ◽  
pp. 2825
Author(s):  
Won Seok Lee
Keyword(s):  
Willingness To Pay ◽  
Contingent Valuation ◽  
Causal Relationship ◽  
Sustainable Management ◽  
Contingent Valuation Method ◽  
Economic Value ◽  
Dichotomous Choice ◽  
Valuation Method ◽  
Good For

The purpose of this study is to estimate the economic value of Geomun Oreum (GO), a parasitic volcanic sieve, for sustainable management by using the dichotomous choice contingent valuation method. To address the exaggeration tendency of willingness to pay (WTP), the contingent valuation method’s (CVM’s) traditional threshold, respondents’ WTP answers were reconfirmed to screen only true responses for our analysis. In addition to estimating the economic value, the causal relationship between the tour guide’s quality of explanation and the respondents’ payment intention is examined in the study. The results reveal that the estimated preservation value of GO is 35,881 KRW (33.28 USD), and the quality of the tour guide’s narrative is statistically related to the respondents’ payment intention.

scholarly journals Recreational and conservative valuation of Bien Ho landscape

2019 ◽  
Vol 41 (2) ◽  
pp. 156-172 ◽  
Author(s):  
Nguyen Thanh Tuan ◽  
Tran Thuy Chi ◽  
Tran Van Y ◽  
Vu Thi Mung
Keyword(s):  
Willingness To Pay ◽  
Contingent Valuation ◽  
Contingent Valuation Method ◽  
Travel Cost ◽  
Option Value ◽  
Valuation Method ◽  
Different Populations ◽  
Conservative Values

Bien Ho is one of the volcanic landscapes showing lava eruptions that occurred millions of years ago. It is a symbol of the volcanic landscapes in the Tay Nguyen, Vietnam, which keeps a lot of values. This article aimed to quantify recreational and conservative values. The travel cost and contingent valuation method were used to estimate the recreational and conservative value (existence, bequest, and option value) of Bien Ho, respectively. The results indicated that the recreational and conservative value of Bien Ho volcanic landscape was 1,436.9 billion VND and 38.6 billion VND, respectively. The average willingness to pay in the contingent valuation method was 39,388 VND and depended only on ethnicity and age. The study used different populations to define survey samples according to each estimating method to improve the confident accuracy of the results.

La valutazione economica delle risorse culturali. Un'applicazione della Contingent Valuation

2009 ◽  
pp. 107-122
Author(s):  
Francesca Mazza
Keyword(s):  
Willingness To Pay ◽  
Contingent Valuation ◽  
Contingent Valuation Method ◽  
Economic Value ◽  
Cultural Resources ◽  
Existence Value ◽  
Valuation Method ◽  
Total Economic Value ◽  
Key Words Evaluation

-The case study examines the economic aspects of cultural heritage conservation and deals the valuation of economic value in monetary terms, using the application of the contingent valuation method to the castle of Nicastro (Catanzaro, Italy). For the construction of the hypothetical market and the selection criteria and approach to subjects of the statistic sample, the proposed solutions work with operative adjustments, dictated by the characteristics of the resource in question and in general for all cultural resources. The study has produced reliable answers to questions of willingness to pay, expressing the measure of the different components of the value (use value and existence value) contribute to the composition of the total economic value. The study allowed to verify the possibility of using the contingent valuation as a political tool. The particular question format, which combines ‘double bounded dichotomous choice' and ‘open ended' techniques has allowed us to take a sensitivity analysis, defining the measure of willingness to pay.Key words: evaluation cultural resource, contingent valuation method, willingness to payParole chiave: valutazione, beni culturali, metodo di valutazione contingente, disponibilitŕ a pagare

Stated Willingness to Pay for Public Goods: A Psychological Perspective

1993 ◽  
Vol 4 (5) ◽  
pp. 310-315 ◽  
Author(s):  
Daniel Kahneman ◽  
Ilana Ritov ◽  
Karen E. Jacowitz ◽  
Paul Grant
Keyword(s):  
Public Health ◽  
Willingness To Pay ◽  
Public Goods ◽  
Contingent Valuation ◽  
Contingent Valuation Method ◽  
Economic Value ◽  
Psychological Perspective ◽  
Valuation Method ◽  
Highly Correlated

In the contingent valuation method for the valuation of public goods, survey respondents are asked to indicate the amount they are willing to pay (WTP) for the provision of a good. We contrast economic and psychological analyses of WTP and describe a study in which respondents indicated their WTP to prevent or to remedy threats to public health or to the environment, attributed either to human or to natural causes. WTP was significantly higher when the cause of a harm was human, though the effect was not large. The means of WTP for 16 issues were highly correlated with the means of other measures of attitude, including a simple rating of the importance of the threat. The responses are better described as expressions of attitudes than as indications of economic value, contrary to the assumptions of the contingent valuation method.

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