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Estimating consumer surplus of Kilim Karst Geoforest Park using travel cost method


Zameli, Nurul Hikmah and Mohammad Afandi, Syamsul Herman and Samdin, Zaiton and Shuib, Ahmad (2013) Estimating consumer surplus of Kilim Karst Geoforest Park using travel cost method. In: International Forestry Graduate Students' Conference 2013 (FORGRAD 2013), 2-4 July 2013, Universiti Putra Malaysia, Serdang, Selangor. (pp. 221-226).


This study examines the estimation of consumer surplus (CS) using basic travel cost method to attain the value of recreational experiences of tourists in Kilim Karst Geoforest Park (KKGP). A demand function is derived using linear regression analysis using SPSS. A descriptive analysis is conducted to describe visitors‟ socio-demographic. This study employed the visit rate per year of respondents as the dependent variable while travel cost of tourists as the independent variable. The findings show travel cost is significant at 5% level. There is a negative relationship between frequency of visit and the travel cost and this supports the demand theory. The CS is estimated at RM 32, 427.43 per year at zero cost. The estimated average CS for KKGP is RM 547/person/visit/year. This value is relatively high compared to other studies, probably due to omission on other demand determinants. The study gives basic understanding on how people obtain satisfaction upon their visit to KKGP, which may benefit the management on the knowledge of such information in their area.

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Additional Metadata

Item Type: Conference or Workshop Item (Paper)
Divisions: Faculty of Forestry
Institute of Agricultural and Food Policy Studies
Institute of Tropical Forestry and Forest Products
Publisher: Faculty of Forestry, Universiti Putra Malaysia
Keywords: Recreational experiences; Economic value; Travel cost method; Consumer surplus; Demand function
Depositing User: Nurul Ainie Mokhtar
Date Deposited: 14 Sep 2016 04:50
Last Modified: 13 Nov 2017 08:27
URI: http://psasir.upm.edu.my/id/eprint/29766
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