Citation
Abstract
Kilim Karst Geoforest Park (KKGP) offers pristine nature based attractions to visitors. Apart from local visitors, the park receives many international visitor arrivals from all over the world. The demand model of international visitors to the park can be developed using one of the common environmental valuation techniques, the Travel Cost Method (TCM). The Individual Travel Cost Model (ITCM) has been employed in the research. Thus, the article develops the demand model of international visitors to the KKGP and determines the economic value of the park. Structured questionnaire and face-to-face data collection method are employed to obtain the primary data from 330 international visitors using the purposive sampling technique. The analysis using the Poisson regression shows that the travel cost, time cost, quality of site, age and education variables, are significant at 95% confidence level. The consumer surplus per visitor/year is found to be €216 or RM 864, whilst the economic value of the park is estimated to be €27 million or RM 108 million. Findings from the study will be useful for Langkawi Development Authority (LADA) to justify on monetary allocations made by the federal government for the tourism development at the park.
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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 |
| Keywords: | Demand; Individual travel cost method; International visitors; Model; Value |
| Depositing User: | Nabilah Mustapa |
| Date Deposited: | 14 Sep 2016 05:41 |
| Last Modified: | 14 Sep 2016 05:41 |
| URI: | http://psasir.upm.edu.my/id/eprint/48394 |
| Statistic Details: | View Download Statistic |
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