Determinant of Willingness to Pay and Economic Value for Ecotourism Object Using Contingent Valuation Method : The Case of Rawapening, Semarang Regency, Central Java, Indonesia

DOI

10.2991/ictgtd-16.2017.49How to use a DOI?

Keywords

Willingness to pay, economic value, ecotourism, contingent valuation method, rawapening

Abstract

The purpose of this study is to determine the factors of willingness to pay for quality improvement and to estimates of economic value for ecotourism object in Rawapening, Semarang Regency, Central Java Province, Indonesia. This study use contingent valuation method. The study uses lake visitors were surveyed regarding their willingness to pay for ecological function. The study was found significant factors affecting the probability of individuals to be willing to pay are the nominal amount bid only. The economic value of ecotourism was estimated at Rp 2,875 billion for total benefit per year. Recommendation from this paper, the local government should raise the price of an entrance fee in Rawapening.

Copyright

© 2017, 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/).

Download article (PDF)

TY  - CONF
AU  - Sri Subanti
AU  - Inaki Maulida Hakim
AU  - Ahmad Daerobi
AU  - M. Safar Nasir
AU  - Arif Rahman Hakim
PY  - 2016/11
DA  - 2016/11
TI  - Determinant of Willingness to Pay and Economic Value for Ecotourism Object Using Contingent Valuation Method : The Case of Rawapening, Semarang Regency, Central Java, Indonesia
BT  - Proceedings of the International Conference on Tourism, Gastronomy, and Tourist Destination (ICTGTD 2016)
PB  - Atlantis Press
SP  - 250
EP  - 252
SN  - 2352-5428
UR  - https://doi.org/10.2991/ictgtd-16.2017.49
DO  - 10.2991/ictgtd-16.2017.49
ID  - Subanti2016/11
ER  -