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Measuring economic value for tourism destination using contingent valuation method: The Sangiran Sites, Central Java Province, Indonesia

Journal of physics. Conference series, 2018-03, Vol.983 (1), p.12066 [Peer Reviewed Journal]

Published under licence by IOP Publishing Ltd ;2018. This work is published under http://creativecommons.org/licenses/by/3.0/ (the “License”). Notwithstanding the ProQuest Terms and Conditions, you may use this content in accordance with the terms of the License. ;ISSN: 1742-6588 ;EISSN: 1742-6596 ;DOI: 10.1088/1742-6596/983/1/012066

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  • Title:
    Measuring economic value for tourism destination using contingent valuation method: The Sangiran Sites, Central Java Province, Indonesia
  • Author: Subanti, S ; Zukhronah, E ; Handajani, S S ; Irawan, BRM B ; Hakim, A R
  • Subjects: Economics ; Local government ; Tourism ; Valuation methods
  • Is Part Of: Journal of physics. Conference series, 2018-03, Vol.983 (1), p.12066
  • Description: This purpose of study aims to estimate the economic value for quality improvement in Sangiran, Indonesia. This paper used contingent valuation method. The study was found significant factors affecting the probability of individuals to be willing to pay for quality improvement are the nominal amount bid, gender, and income. The economic value of Sangiran sites tourism was estimated between Rp 2.219 billion per year until Rp 2.756 billion per year. This value can be a guidance for management of the Sangiran as a basic reason for Sangiran's improvement. The improvement includes to add the collection, to build supporting infrastructure in Sangiran, to increase services, to arrange training for Sangiran staff, and others. The suggestion from this paper, we must support the local government for Sangiran improvement, because it can be profitable and it can give benefits from many aspects includes economic, historical, and education.
  • Publisher: Bristol: IOP Publishing
  • Language: English
  • Identifier: ISSN: 1742-6588
    EISSN: 1742-6596
    DOI: 10.1088/1742-6596/983/1/012066
  • Source: Geneva Foundation Free Medical Journals at publisher websites
    IOP Publishing (Open access)
    IOPscience (Open Access)
    ProQuest Central
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