2018
DOI: 10.20884/1.oa.2018.14.1.465
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Economic Valuation of Marine Tourism in Small Island Using Travel Cost Method (Case Study: Untung Jawa Island, Indonesia)

Abstract: 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… Show more

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Cited by 5 publications
(6 citation statements)
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“…The results showed the total travel costs of visitors to Bukit Pangonan Urban Forest is Rp 9,663,000 (where US $1 = Rp 14.432,45) with the highest being the money spend on vehicle fuel which was 45%, while the remaining 55% was spent on consumption, tickets, parking, documentation, and others. However, these figures are different from the values recorded by Zulpikar et al [32] where the largest cost incurred in a marine tourism visitation on a small island was the consumption cost, which was 35% of the total money spent.…”
Section: Travel Costcontrasting
confidence: 88%
“…The results showed the total travel costs of visitors to Bukit Pangonan Urban Forest is Rp 9,663,000 (where US $1 = Rp 14.432,45) with the highest being the money spend on vehicle fuel which was 45%, while the remaining 55% was spent on consumption, tickets, parking, documentation, and others. However, these figures are different from the values recorded by Zulpikar et al [32] where the largest cost incurred in a marine tourism visitation on a small island was the consumption cost, which was 35% of the total money spent.…”
Section: Travel Costcontrasting
confidence: 88%
“…114,429 (Effendi et al, 2015), Rp. 68,505,101,600/tahun (Zulpikar et al, 2018) dan Rp. 4,981,963,500/tahun (Nahib et al, 2012) Ln (Y) = -1.897 -0.07 ln (X 1 ) + 0.075 ln (X 2 ) + 0.601 ln (X 3 ) -0.105 ln (X 4 ) + 0.053 ln (X 5 ) -0.023 ln (X 6 ) + 1.316 ln (X 7 ).... ...................................................(8) Keterangan: Y = Jumlah Kunjungan X 1 = Total Biaya yang dikeluarkan selama melakukan perjalanan X 2 = Umur X 3 = Pendidikan X 4 = Jumlah Tanggungan X 5 = Pengeluaran X 6 = Rombongan X 7 = Durasi kunjungan Uji asumsi sudah dilakukan terhadap model permintaan wisata memancing Tanjung Kait, yaitu uji multikolinearitas, uji homogenitas, uji autokorelasi dan uji normalitas.…”
Section: Travel Cost Methodsunclassified
“…Se emplearon los siguientes modelos empíricos, fundamentado en el método costo viaje (Ecuación 1) y valoración contingente (Ecuación 2), de acuerdo con Uribe et al (2003).…”
Section: Modelos Econométricos Propuestosunclassified