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All Journal Journal of Economics Research and Social Sciences
Khairunnisa, Masniya
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Economics, Econometrics & Finance

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Willingness to Pay Analysis of First Fuel in Yogyakarta Khairunnisa, Masniya; Setiartiti, Lilies
Journal of Economics Research and Social Sciences Vol 4, No 2 (2020)
Publisher : Program Studi Ekonomi FEB UMY

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.18196/jerss.v4i2.10100

Abstract

This study aims to measure the value of willingness to pay and analyze the factors that affect consumer willingness to pay toward Pertamax fuel. This study's dependent variable is income, number of owned vehicles, the frequency of vehicle use, and product literacy. In this study sample of 100 Pertamax fuel users in Yogyakarta were selected using the Purposive Sampling method. This study using multiple linear regression or Ordinary Least Square (OLS). The results show that the value of consumer willingness to pay toward Pertamax fuel is Rp. 10,545. The factors that influence willingness to pay are income, frequency of vehicle use, and product literacy. These three variables are positive and have a significant influence on consumer willingness to pay toward Pertamaxfuel. While the variable number of the owned vehicle
Co-Authors Lilies Setiartiti, Lilies