Proceeding ISETH (International Summit on Science, Technology, and Humanity)
2019: Proceeding ISETH (International Summit on Science, Technology, and Humanity)

The Economic Valuation of Tourism Sector and Poverty Reduction in Kota Batu: Travel Cost Method (TCM) Approach

Wahyudi, Setyo Tri (Unknown)



Article Info

Publish Date
01 Jul 2020

Abstract

Kota Batu, as one of the tourist destinations in East Java, has long been known as the best tourism destination. On the other hand, Kota Batu also still has a problem regarding poor people. The tourism sector is seen as a growth strategy that enables the economy to grow, has the potential to improve the local economy, and able to reduce poverty. This study aims to measure the economic valuation of the tourism sector and its contribution to poverty reduction. The respondents and research samples are visitors to the tourist village of Bumiaji District, Kota Batu. Using the travel cost method, the results of the study showed that the economic valuation of the tourist village of the Bumiaji District provided substantial value and ability to contribute to poverty reduction in the area. Village tourism visitors also benefit (consumer surplus) because of the relatively low average costs to be borne compared to the willingness to pay.

Copyrights © 2019






Journal Info

Abbrev

iseth

Publisher

Subject

Computer Science & IT Engineering Medicine & Pharmacology Social Sciences Other

Description

The International Summit on Science, Technology and Humanity (ISETH) is organised by Universitas Muhammadiyah Surakarta. This summit aims to provide a platform for researchers and academics to share their research findings with others and meet lecturers and researchers from other institutions and to ...