Brought to you by:
Paper The following article is Open access

Economic Valuation of Tourism Pasumpahan Island West Sumatera with Travel Cost Method

, and

Published under licence by IOP Publishing Ltd
, , Citation I K Batubara et al 2020 IOP Conf. Ser.: Earth Environ. Sci. 430 012024 DOI 10.1088/1755-1315/430/1/012024

1755-1315/430/1/012024

Abstract

The research was conducted on Pasumpahan Island in Bungus Teluk Kabung Sub-district, Padang, West Sumatera, Indonesia. The aim of this research was to: (1) Identify the visitor characteristics of Pasumpahan Island; (2) Measuring the amount of economic value obtained by Pasumpahan Island seen from the consumer surplus with the Individual Travel Cost Method. Respondents determined by accidental sampling method whit 40 respondents. The data were analyzed using multiple regression models. The research was conducted on Pasumpahan Island in Bungus Teluk Kabung Sub-district, Padang, West Sumatera. The demand based of Travel Cost Method was Y=8,258-1,103(X1)+1,479(X3)-0,598(X5)+0,241(X6) with r2=0,98; Y is the frekuensi of visits, X1 is travel cost, X2 education, X5 is miliage and X6 is gender. The accumulated of the consumer surplus can generate economic value of Pasumpahan Island. The value of consumer surplus Pasumpahan Island is equal to IDR.23.434.881,61 per year or IDR.3.691.532,58 per visit and economic value seen from the Travel Cost Mehod of IDR.103.946.582.269,63 per year.

Export citation and abstract BibTeX RIS

Content from this work may be used under the terms of the Creative Commons Attribution 3.0 licence. Any further distribution of this work must maintain attribution to the author(s) and the title of the work, journal citation and DOI.

Please wait… references are loading.