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Valuing the Economic Impact of Flood Mitigation in Central Java, Indonesia

Author

Listed:
  • Evi Gravitiani

    (Faculty of Economics and Business, UniversitasSebelas Maret, Surakarta, Indonesia Author-2-Name: Suryanto Author-2-Workplace-Name: Faculty of Economics and Business, UniversitasSebelas Maret, Surakarta, Indonesia)

Abstract

"Objective � This research aims to map and identify the areas vulnerable to flood in Central Java Province, Indonesia, using Geography Information System (GIS) and value the economic impact on flood mitigation using Contingent Valuation Methods (CVM). Methodology/Technique � The data regarding geographical, demographical, socio-economic, and topographical condition collected from local governments in Central Java Province, Meteorology and Geophysics Board, the Statistical Bureau, and Planning and Development Boar. Findings � Spatial analysis with GIS provides evidence that Surakarta, Sragen, and Sukoharjo districts are more vulnerable to flood than other districts in Central Java Province. This evidence points the need to conduct a thorough study on these areas. Novelty � This research contributes to empirical study, methodology, and policy implications."

Suggested Citation

  • Evi Gravitiani, 2017. "Valuing the Economic Impact of Flood Mitigation in Central Java, Indonesia," GATR Journals jber126, Global Academy of Training and Research (GATR) Enterprise.
    • Handle: RePEc:gtr:gatrjs:jber126
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    More about this item

    Keywords

    Spatial Analysis; Flood Impact; Local Wisdom; Economic Valuation; Willingness to Pay.;
    All these keywords.

    JEL classification:

    • C21 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Cross-Sectional Models; Spatial Models; Treatment Effect Models
    • Q51 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Valuation of Environmental Effects
    • Q54 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Climate; Natural Disasters and their Management; Global Warming

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