Proceedings of the 4th Padang International Conference on Education, Economics, Business and Accounting (PICEEBA-2 2019)

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Analysis of Economic Valuation Using Contingent Valuation Method: The Development of National Park of Kerinci Seblat, Jambi

Authors
Muhammad Safri, Nurhayani
Corresponding Author
Muhammad Safri
Available Online 10 March 2020.
DOI
10.2991/aebmr.k.200305.067How to use a DOI?
Keywords
national park, WTP, WTA
Abstract

The management or development of TNKS nature tourism in addition to taking economic benefits, must also simultaneously preserve the environment and, bring benefits to the surrounding community. The development of nature tourism (ecotouriem) in KSNP will support the preservation of the area and is expected to increase employment and business opportunities for the community. The purpose of this study was to: 1) Know and analyze the value of PAPs. 2) Knowing and analyzing the value of WTA. 3) Knowing and analyzing the appreciation of the value of PAPs and WTAs and analyzing the value list of local community needs This research method uses survey methods, case studies, censuses, secondary data collection and a combination of these methods. The type of data used in this study consisted of primary data and secondary data. The results of the study the willingness to pay tourists / Willingness To Pay (WTP) on average only IDR.6,275, - While the value of willingness to receive tourist compensation / Willingness To Accept (WTA) an average of IDR.26,800, - greater than the value the average WTP per day, and based on a simulation of the WTP equation that is substituted with the WTA equation, the recommended entrance fee is IDR.6,647.85.

Copyright
© 2020, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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Volume Title
Proceedings of the 4th Padang International Conference on Education, Economics, Business and Accounting (PICEEBA-2 2019)
Series
Advances in Economics, Business and Management Research
Publication Date
10 March 2020
ISBN
10.2991/aebmr.k.200305.067
ISSN
2352-5428
DOI
10.2991/aebmr.k.200305.067How to use a DOI?
Copyright
© 2020, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

Cite this article

risenwbib
TY  - CONF
AU  - Muhammad Safri
AU  - Nurhayani
PY  - 2020
DA  - 2020/03/10
TI  - Analysis of Economic Valuation Using Contingent Valuation Method: The Development of National Park of Kerinci Seblat, Jambi
BT  - Proceedings of the 4th Padang International Conference on Education, Economics, Business and Accounting (PICEEBA-2 2019)
PB  - Atlantis Press
SP  - 181
EP  - 189
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.200305.067
DO  - 10.2991/aebmr.k.200305.067
ID  - Safri2020
ER  -