IDEAS home Printed from https://ideas.repec.org/a/epw/develo/v3y2023i3id15271.html

Economic Valuation of Bukit Kaba Nature Tourism Park (NTP): Travel Cost Method-Poisson Regression, Bengkulu Indonesia

Author

Listed:
  • Septriani Septriani

    (Bengkulu University, Indonesia)

  • Yusnida Yusnida

    (Bengkulu University, Indonesia)

Abstract

The objective of this research is to determine the economic value of the Bukit Kaba NTP tourist attraction using Travel Cost Method, and to identify the determinants of the frequency of tourist visits to Bukit Kaba NTP. This research used a quantitative descriptive method with the research sample being Tourists to Bukit Kaba NTP in 2022. This research using Poisson regression as an analytical tool and to determine the economic value of the Bukit Kaba NTP are using the Travel Cost Method (TCM). This research consists of 1 dependent variable, it frequency of tourist visits and 5 independent variables consisting of travel cost, Income, perception of the environmental quality, perception of the imposition of entrance retribution tariff, travelled distance. This research used Primary data obtained from questionnaires distributed to Bukit Kaba NTP tourists, namely as many as 100 respondents. The results showed that only the variables of perception of the environmental quality and travelled distance had a significant effect on the frequency of tourist visits of Bukit Kaba NTP, Whereas the variables of travel cost, income, and perception of the imposition of entrance retribution tariff of the Bukit Kaba NTP area did not affect the frequency of visits. In this Poisson regression model, a Nagelkerke R Square value of 0,22 is obtained. These results showed that the ability of the independent variable to explain the dependent variable was 0,22 or 22 percent, Whereas 78 percent was explained outside the research variable. Furthermore, based on the Travel Cost Method, the economic value of the Bukit Kaba NTP tourist area is IDR 215.521.346.820 with an average consumer surplus is IDR 12.645.740. So, in order to increase Non-Tax State Revenue (NTSR), the Rejang Lebong Regency Government can increase entrance retribution tariff Bukit Kaba NTP because it is still in accordance with the willingness to pay the tourists.

Suggested Citation

Handle: RePEc:epw:develo:v:3:y:2023:i:3:id:15271
DOI: 10.24018/ejdevelop.2023.3.3.271
as

Download full text from publisher

File URL: https://eu-opensci.org/index.php/ejdevelop/article/view/15271
File Function: Abstract page
Download Restriction: no

File URL: https://eu-opensci.org/index.php/ejdevelop/article/download/15271/3454
File Function: Full text
Download Restriction: no

File URL: https://libkey.io/10.24018/ejdevelop.2023.3.3.271?utm_source=ideas
LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
---><---

More about this item

Keywords

;
;
;
;
;
;

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:epw:develo:v:3:y:2023:i:3:id:15271. 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.

We have no bibliographic references for this item. You can help adding them by using 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: Support Team (email available below). General contact details of provider: https://eu-opensci.org/index.php/ejdevelop .

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.