IDEAS home Printed from https://ideas.repec.org/a/uii/journl/v2y2010i1p79-88.html
   My bibliography  Save this article

Valuation of Mount Merapi National Park: A travel cost analysis

Author

Listed:
  • Awan Setya Dewanta

    (Fakultas Ekonomi, Universitas Islam Indonesia)

Abstract

This study estimates recreational value of Taman Nasional Gunung Merapi (TNGM Mount Merapi National Park) in Kaliurang, Yogyakarta with a travel cost method. Since the visitors are not the frequent ones, the paper estimates the visitor?s utility using a categorical regression technique. Applying in-depth interview on visitors from August 1st until August 15th 2009, the results suggest that the utility function for recreation at volcano national park is better estimated using the negative binomial distribution model. It also finds that the economic value of recreation at volcano national park is Rp 222,000, and that the total consumer surplus for recreation national park is Rp 31.2 billion.

Suggested Citation

  • Awan Setya Dewanta, 2010. "Valuation of Mount Merapi National Park: A travel cost analysis," Economic Journal of Emerging Markets, Universitas Islam Indonesia, vol. 2(1), pages 79-88, April.
    • Handle: RePEc:uii:journl:v:2:y:2010:i:1:p:79-88
    as

    Download full text from publisher

    File URL: https://journal.uii.ac.id/JEP/article/download/2386/2185
    Download Restriction: no
    File URL: https://journal.uii.ac.id/JEP/article/view/2386/2185
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Anna Alberini & Alberto Longo, 2005. "The Value of Cultural Heritage Sites in Armenia: Evidence from a Travel Cost Method Study," Working Papers 2005.112, Fondazione Eni Enrico Mattei.
    2. Rainer Winkelmann, 2008. "Econometric Analysis of Count Data," Springer Books, Springer, edition 0, number 978-3-540-78389-3, June.
    3. Timothy C. Haab & Kenneth E. McConnell, 2002. "Valuing Environmental and Natural Resources," Books, Edward Elgar Publishing, number 2427.
    4. Alberini, Anna & Longo, Alberto, 2005. "The Value of Cultural Heritage Sites in Armenia: Evidence from a Travel Cost Method Study," Sustainability Indicators and Environmental Valuation Working Papers 12223, Fondazione Eni Enrico Mattei (FEEM).
    5. K. G. Mäler & J. R. Vincent (ed.), 2005. "Handbook of Environmental Economics," Handbook of Environmental Economics, Elsevier, edition 1, volume 3, number 3.
    6. Blackwell, Boyd, 2007. "The Value of a Recreational Beach Visit: An Application to Mooloolaba Beach and Comparisons with other Outdoor Recreation Sites," Economic Analysis and Policy, Elsevier, vol. 37(1), pages 77-98, March.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Jan MELICHAR, 2010. "Assessment of the Recreation Value of Public Programs in the Jizerske Hory Mountains Using a Contingent Behaviour Model," Regional and Urban Modeling 284100028, EcoMod.
    2. Kerstin K Zander & Gillian B Ainsworth & Jürgen Meyerhoff & Stephen T Garnett, 2014. "Threatened Bird Valuation in Australia," PLOS ONE, Public Library of Science, vol. 9(6), pages 1-9, June.
    3. Rolfe, John & Gregg, Daniel, 2012. "Valuing Beach Recreation Across a Regional Area: The Great Barrier Reef in Australia," 2012 Conference (56th), February 7-10, 2012, Fremantle, Australia 124433, Australian Agricultural and Resource Economics Society.
    4. Craig E. Landry & Alyson R. Lewis & Haiyong Liu & Hans Vogelsong, 2016. "Addressing Onsite Sampling in Analysis of Recreation Demand: Economic Value and Impact of Visitation to Cape Hatteras National Seashore," Marine Resource Economics, University of Chicago Press, vol. 31(3), pages 301-322.
    5. Steven B Caudill & Ermanno Affuso & Ming Yang, 2015. "Registered sex offenders and house prices: An hedonic analysis," Urban Studies, Urban Studies Journal Limited, vol. 52(13), pages 2425-2440, October.
    6. Ahlheim, Michael & Frör, Oliver & Heinke, Antonia & Duc, Nguyen Minh & Dinh, Pham Van, 2010. "Labour as a utility measure in contingent valuation studies: how good is it really?," FZID Discussion Papers 13-2010, University of Hohenheim, Center for Research on Innovation and Services (FZID).
    7. Jan Špaček & Michaela Antoušková, 2013. "Individual single-site travel cost model for Czech paradise geopark," Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis, Mendel University Press, vol. 61(7), pages 2851-2858.
    8. Robert C. Fonner & Robert P. Berrens, 2014. "A Hedonic Pricing Model of Lift Tickets for US Alpine Ski Areas: Examining the Influence of Crowding," Tourism Economics, , vol. 20(6), pages 1215-1233, December.
    9. Raju Mandal & Subrata Barman & M. P. Bezbaruah, 2014. "Economic Valuation for a better Conservation: A Case Study of Kaziranga National Park, India," Working Papers 1410, Sam Houston State University, Department of Economics and International Business.
    10. Michael Kaplowitz & Frank Lupi & Oscar Arreola, 2012. "Local Markets for Payments for Environmental Services: Can Small Rural Communities Self-Finance Watershed Protection?," Water Resources Management: An International Journal, Published for the European Water Resources Association (EWRA), Springer;European Water Resources Association (EWRA), vol. 26(13), pages 3689-3704, October.
    11. Halkos, George, 2012. "The use of contingent valuation in assessing marine and coastal ecosystems’ water quality: A review," MPRA Paper 42183, University Library of Munich, Germany.
    12. Kim, Ju-Hee & Yoo, Seung-Hoon, 2020. "South Koreans’ perspective on assisting the power supply to North Korea: Evidence from a contingent valuation," Energy Policy, Elsevier, vol. 139(C).
    13. Lankia, Tuija & Huhtala, Anni, 2011. "Valuation of Trips to Second Homes in the Country: Do Environmental Attributes Matter?," 2011 International Congress, August 30-September 2, 2011, Zurich, Switzerland 114405, European Association of Agricultural Economists.
    14. David Hoyos & Petr Mariel, 2010. "Contingent Valuation: Past, Present and Future," Prague Economic Papers, Prague University of Economics and Business, vol. 2010(4), pages 329-343.
    15. Doshi, Amar & Pascoe, Sean, 2013. "Investigating the effects of sample heterogeneity on the travel cost model for coral diving in Southeast Asia," 2013 Conference (57th), February 5-8, 2013, Sydney, Australia 152146, Australian Agricultural and Resource Economics Society.
    16. Angel Bujosa & Antoni Riera & Robert Hicks, 2010. "Combining Discrete and Continuous Representations of Preference Heterogeneity: A Latent Class Approach," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 47(4), pages 477-493, December.
    17. Richard T. Melstrom & Deshamithra H. W. Jayasekera, 2017. "Two-Stage Estimation to Control for Unobservables in a Recreation Demand Model with Unvisited Sites," Land Economics, University of Wisconsin Press, vol. 93(2), pages 328-341.
    18. Prayaga, Prabha, 2017. "Estimating the value of beach recreation for locals in the Great Barrier Reef Marine Park, Australia," Economic Analysis and Policy, Elsevier, vol. 53(C), pages 9-18.
    19. Anne-Kathrin LAST, 2008. "The Monetary Value of Cultural Goods: A Contingent Valuation Study of the Municipal Supply of Cultural Goods in Lueneburg, Germany," EcoMod2008 23800074, EcoMod.
    20. Bujosa Bestard, Angel & Font, Antoni Riera, 2009. "Environmental diversity in recreational choice modelling," Ecological Economics, Elsevier, vol. 68(11), pages 2743-2750, September.

    More about this item

    Keywords

    Travel cost valuation; binomial regression model; recreation national park valuation;
    All these keywords.

    JEL classification:

    • D12 - Microeconomics - - Household Behavior - - - Consumer Economics: Empirical Analysis
    • L83 - Industrial Organization - - Industry Studies: Services - - - Sports; Gambling; Restaurants; Recreation; Tourism

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:uii:journl:v:2:y:2010:i:1:p:79-88. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Ana Yuliani (email available below). General contact details of provider: https://journal.uii.ac.id/JEP/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.