Zulfa, Emalia Economic Valuation and Demand for Pahawang Island Tourism in Lampung: Hedonic Pricing Approach. Conference Proceeding The 14th IRSA Internastional Conference. pp. 1284-1292. ISSN 9772654385185

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Abstract

Valuation method is a method to reveal economic value of an ecosystem or area. The valuation is important particularly for common properties exploitation which oftenly affected by trade-off effect. As an interesting natural tourism area, Pahawang Island creates multiplier effect on some industrial sectors such as inn, transportation, handicrafts, food and telecommunication. On the other side, tourism activity potentially harm tourism park sustainability. Inadequate visitors and community awareness on environmental aspects, will potentially deteriorate and degrade tourism park quality. The purpose of this research are to measure the economic value of coral reefs Island and factors that affect demand for tourism in Pahawang Island using hedonic pricing approach by asking directly to visitors what kind of pleasure value they obtained and felt while take a trip. This research employed primary data from 100 respondents and secondary data to obtain various informations. Economic value is calculated using total economic value and determinant of demand is estimated using Ordinary Least Square (OLS) method. The results show that economic value of coral reefs as tourism object at Pahawang Island is due to Rp 3.719.124.609,00. The estimation results show that factors such as visitor income, the beauty value of coral reefs, center of handycraft and souvenir providers, and accommodation infrastructure, have a positive and significant impact to the demand for tourism, while transportation infrastructure has a positive correlation but not significant to the demand.

Item Type: Article
Subjects: H Social Sciences > H Social Sciences (General)
H Social Sciences > HB Economic Theory
Divisions: Fakultas Ekonomi dan Bisnis (FEB) > Prodi Ekonomi Pembangunan
Depositing User: ZULFA EMALIA
Date Deposited: 09 Apr 2019 06:54
Last Modified: 09 Apr 2019 06:54
URI: http://repository.lppm.unila.ac.id/id/eprint/10996

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