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    VALUATION OF MOUNT MERAPI NATIONAL PARK: A TRAVEL COST ANALYSIS

    New search for: Awan Setya Dewanta

    This study estimates recreational value of Taman Nasional Gunung Merapi (TNGM – Mount Merapi
    National Park) in Kaliurang, Yogyakarta with a travel cost method. Since the visitors are not the frequent
    ones, the paper estimates the visitor’s utility using a categorical regression technique. Applying
    in-depth interview on visitors from August 1st until August 15th 2009, the results suggest that the utility
    function for recreation at volcano national park is better estimated using the negative binomial
    distribution model. It also finds that the economic value of recreation at volcano national park is Rp
    222,000, and that the total consumer surplus for recreation national park is Rp 31.2 billion.

    Keywords: Travel cost valuation, binomial regression model, recreation national park valuation
    JEL classification numbers: D12, L83

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    VALUATION OF MOUNT MERAPI NATIONAL PARK: A TRAVEL COST ANALYSIS

    New search for: Awan Setya Dewanta

    This study estimates recreational value of Taman Nasional Gunung Merapi (TNGM – Mount Merapi
    National Park) in Kaliurang, Yogyakarta with a travel cost method. Since the visitors are not the frequent
    ones, the paper estimates the visitor’s utility using a categorical regression technique. Applying
    in-depth interview on visitors from August 1st until August 15th 2009, the results suggest that the utility
    function for recreation at volcano national park is better estimated using the negative binomial
    distribution model. It also finds that the economic value of recreation at volcano national park is Rp
    222,000, and that the total consumer surplus for recreation national park is Rp 31.2 billion.

    Keywords: Travel cost valuation, binomial regression model, recreation national park valuation
    JEL classification numbers: D12, L83

    Access

    Download

    VALUATION OF MOUNT MERAPI NATIONAL PARK: A TRAVEL COST ANALYSIS

    New search for: Awan Setya Dewanta

    This study estimates recreational value of Taman Nasional Gunung Merapi (TNGM – Mount Merapi
    National Park) in Kaliurang, Yogyakarta with a travel cost method. Since the visitors are not the frequent
    ones, the paper estimates the visitor’s utility using a categorical regression technique. Applying
    in-depth interview on visitors from August 1st until August 15th 2009, the results suggest that the utility
    function for recreation at volcano national park is better estimated using the negative binomial
    distribution model. It also finds that the economic value of recreation at volcano national park is Rp
    222,000, and that the total consumer surplus for recreation national park is Rp 31.2 billion.

    Keywords: Travel cost valuation, binomial regression model, recreation national park valuation
    JEL classification numbers: D12, L83

    Access

    Download

    Access

    Download

    Page navigation

    Document information
    Similar titles

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    Document information
    Title:

    VALUATION OF MOUNT MERAPI NATIONAL PARK: A TRAVEL COST ANALYSIS

    Contributors:

    Awan Setya Dewanta (author)

    Published in:

    Economic Journal of Emerging Markets, Vol 2, Iss 1 (2011)

    Publication date:

    2011

    ISSN:

    2086-3128 , 2502-180X

    Type of media:

    Article (Journal)

    Type of material:

    Electronic Resource

    Language:

    Unknown

    Keywords:

    Economic growth, development, planning , HD72-88 , Regional economics. Space in economics , HT388

    Metadata by DOAJ is licensed under ​CC BY-SA 1.0

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