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Diswandi
Fakultas Ekonomi Dan Bisnis Universitas Mataram
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Journal : JURNAL ECONOMINA

 1 
Economic Valuation of Udayana Green Open Space in Mataram City: A Contingent Valuation Method (CVM) Study Orchidamoty, Orchidamoty; Diswandi, Diswandi; M Firmansyah
JURNAL ECONOMINA Vol. 5 No. 4 (2026): JURNAL ECONOMINA, April 2026
Publisher : LPPM Sekolah Tinggi Ilmu Ekonomi 45 Mataram

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55681/economina.v5i4.1970

Abstract

Green Open Space (GOS), as a public good, provides essential ecological, socio-cultural, economic, and aesthetic benefits to the community. However, the economic value associated with these benefits is often not adequately captured or quantified. This study aims to estimate the economic value of Udayana Green Open Space in Mataram City using the Contingent Valuation Method (CVM) within a descriptive quantitative framework. The study population comprises residents of Mataram City across six districts, with the sample size determined using the Slovin formula, resulting in 100 respondents. Primary data were collected through structured questionnaires administered to respondents who met the predefined criteria, while secondary data were compiled using an empirical approach due to the limited availability of official data from relevant institutions. The data were analyzed using multiple linear regression. The results indicate that the mean willingness to pay (WTP) is IDR 2,000, with an estimated total annual economic value of approximately IDR 1.5 billion. Furthermore, the findings reveal that, simultaneously, education, income, visitation frequency, GOS facilities, environmental awareness, and institutional factors have a positive and statistically significant effect on respondents’ WTP. However, partial analysis shows that education and environmental awareness do not have a statistically significant effect on WTP.
Economic Valuation of Pagutan Green Open Space in Mataram City as a Basic for User Fee Determination and Sustainable Management Strategy Madyawati, Luh Putu Dyah; Diswandi, Diswandi; Maryam, St.
JURNAL ECONOMINA Vol. 5 No. 5 (2026): JURNAL ECONOMINA, Mei 2026
Publisher : LPPM Sekolah Tinggi Ilmu Ekonomi 45 Mataram

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55681/economina.v5i5.2013

Abstract

Rapid urban development is putting pressure on the availability of green open spaces and the quality of the urban environment. This study aims to analyse the economic value of Pagutan green open space from the perspective of public, formulate a fee structure and sustainable management strategy for it. The study employed a mixed-methods approach with a sequential explanatory design, combining quantitative analysis using the Contingent Valuation Method with a bidding game approach, as well as qualitative analysis through informant interviews and observation. Data were collected from 145 respondents that analysed using multiple linear regression and community participation analysis. The results indicates that the yearly total economic value of the green urban space is about Rp476.056.512 counted from visitors’ willingness to pay for its existence. Visitors’ age, income, education, visit frequency, distance from residence, and perceptions of green open spaces significantly impacting visitors’ willingness to pay. Community participation was relatively high, particularly in maintaining cleanliness and adhering to regulations, but direct involvement in maintenance activities remained moderate. Based on an analysis of ability to pay, the most realistic fee is Rp3,000/person/visit, applied selectively to the Special Sports Zone, the Environmental Education Zone/Greenhouse, and the Children’s Playground Zone. The sustainable management strategy for the Pagutan Green Open Space is divided into three categories based on the three pillars of sustainable development: the economic aspect, through the implementation of user fees as a supplementary funding source; the social aspect, through increased community participation and education; and the environmental and institutional aspects, through enhanced vegetation maintenance and strengthened area management.
Co-Authors Adhari, Aulia Adhitya Bagus Singandaru Adi Septiawan Adrian, Fiki Agung Riyadi Agus Anwar Agusdin Ahmad Dani Febriadi Akbar, Daffa Ayodya Akhmad Saufi Akhmad Saufi Alamsyah Anggara, Jaka Arief Rachman Arya, Muhammad Arya Padilla Ashari, Triyas Ayu, Dyah Ayu Setyaningrum B. Busaini, B. Baiq Ismiwati Baiq Ismiwati Baiq Nikmatul Ulya Baiq Nikmatul Ulya Baiq Saripta Wijimulawiani Baiq Saripta Wijimulawiani Bai’ul Hak, Muhamad bin Hasan Basri, Bakti Budiatiningsih, Mahmudah Dwi Budi Santoso Dzul Fadlli, Muhammad Effendy, Michael Eka Putri Pratiwi Elyakim Nova Supriyedi Patty, Elyakim Nova Supriyedi Erin Ryantin Gunawan Evi Gravitiani, Evi Fadliyanti, Luluk Fadliyanti, Luluk Faisal Hamzah GA Sri Oktariyani Garno, Yudhi Soetrisno Gusti Ayu Arini Guswulandari Hailuddin Hailudin, Hailudin Hak, Muhammad Bai'ul Handalusia, Vici Hariani, Rosa Haryanti Haryanti Haryanti Hasnia Minanda Hidayat, Sandra Hilman Ahyadi Himawan Sutanto Himawan Sutanto, Himawan Hulfa, Ihyana I Gusti Ngurah Putu Arnatha Yoga Ihsan Rois Ihsan, Iif Miftahul Imam Syaputra Irwan Suriadi ISKANDAR Ivaska Dean Arthur Sarosa Jannah, Widyatul Joko Prayitno Susanto Jr, Bun Bun Jurnal Wicara Khaerunnizam, M. Khairul Amar Kurniati Kurniati Kusmaputri, Ni Made Cahya Chinta L. M. Furkan L. Muhammad Furkan Lalu Adi Permadi Lalu Bagus Prihatin Pujasetiandi Lalu Muhamad Furkan Lalu Muhammad Furkan Lalu Sabde Pinandar Lukman Hakim Luluk Fadliyanti M Firmansyah M. Ali M. Zainurrahman Madyawati, Luh Putu Dyah Mahmudah Mahmudah Makino, Mitsutaku Makosim, Syahril Mansur Afifi Maulana Malik Irsyad Megawati, Novi Meirinawati, Hanny Meutia Meutia Minanda, Hasnia Mubarok, Lalu Rifki Muhamad Ahyar Muhamad Ali Muhamad Luthfi Muhamad Taufik Hidayat Muhami Muhammad Afif Muhammad An Nagib A. Smith Muhammad Dzul Fadli Muhammad Dzul Fadlli Muhammad Mujahid Dakwah Muhsin, Lalu Busyairi Mukmin Suryatni, Mukmin Nadia Putri Ni Ketut Surasni Ni Made Cahya Chinta Kusmaputri Ningsih, Tiara Nizar Ali, Muhammad Nur Aida Arifah Tara Nuril Ferdaus, Nadia Nurul Fitriya Orchidamoty, Orchidamoty Pinandar, Lalu Sabde Prayoga, Jastian Wahyuda Rabbany, Lalu Rizal Rabi'ah, Putri Rahardjo, Mugi Rahman Rahman Rahman Ramdhani, Adelia Ratu Siti Aliah Riardi Pratista Dewa, Riardi Pratista Rizal Kurniansah Rizal Kurniansah Kurniansah Rizky Pratomo, Judandi Rojabi, Siti Hamdiah Romadhona, Ekky Ilham Roshidah binti Fadzim, Wan Roziki, Muh. Maulana Ali Sachoemar, Suhendar I. Sachoemar, Suhendar Indrakusmaya Saputra, Arza Saputra, Sahdan Saputri, Ayuni Septiani Sarifudin Serip Saripta Wijimulawiani Serifudin Serif Setiarti Sukotjo Shinta Leonita Siti Aliah, Ratu Siti Hamdiah Rojabi Sri Wahyulina Sri Wahyulina St. Maryam, St. Suryani, Embun Teguh Prayogo Thalia Bilqis Sevianty Tuti Handayani Vici Handalusia Husni Wahyuni, Harum Sri Wardah, Sofiati Wells, Mark L Winda Rarung windi aulia Witha Dharma, Ida Made Yuliadi Zamroni Zikriah Zikriah