International Journal of Tourism Business Research
Vol 3 No 1 (2024): International Journal of Tourism Business Research (INTOUR)

Investigating the Economic Significance of Tourism Destinations: A Bibliometric Analysis of the Travel Cost Method

Arya, Muhammad Arya Padilla (Unknown)
Diswandi, Diswandi (Unknown)



Article Info

Publish Date
30 Jun 2024

Abstract

This paper presents a comprehensive bibliometric analysis aimed at investigating the efficiency and trajectory of the Travel Cost Method (TCM) in tourism research. Drawing upon a systematic search of scholarly publications using electronic databases such as Web of Science, Scopus, and Google Scholar, we identified a corpus of articles focusing on TCM application, methodology, or evaluation in the context of tourism. Employing VOSviewer software, we conducted a detailed analysis of bibliometric indicators including citation counts, co-authorship networks, keyword co-occurrence, and citation bursts to elucidate patterns, trends, and influential works within the TCM literature in tourism. Our findings highlight the growing importance of TCM as a valuable tool for economic valuation, decision-making, and policy formulation in the tourism industry. The analysis revealed a diverse array of research themes spanning economic valuation, visitor demand analysis, environmental impact assessment, and sustainable tourism management. Methodological advancements, including the integration of stated preference techniques and spatial analysis methods, were identified as key drivers enhancing the accuracy and reliability of economic valuation estimates. The implications of the findings extend beyond academia to inform practice and policy in the tourism sector, offering practical insights for tourism planners, managers, and policymakers seeking to balance economic development with environmental conservation and social welfare objectives. By contributing to a deeper understanding of the role of TCM in shaping tourism research and informing sustainable tourism management practices, this study provides valuable insights for stakeholders in academia, industry, and policy-making.

Copyrights © 2024






Journal Info

Abbrev

intour

Publisher

Subject

Economics, Econometrics & Finance Environmental Science Social Sciences

Description

The main focus of this journal covering the study of tourism business research (Tourism Attraction and Tourism Insdustry). The others scope of these areas include tourism planning; halal tourism; geography tourism; management; travelling; environment; gastronomic tourism; heritage tourism, and ...