Journal of Applied Economics in Developing Countries
Vol 9, No 2 (2024): Journal of Applied Economics in Developing Countries

ECONOMIC VALUE OF CRITICAL LAND IN SEMPAYANG VILLAGE, NORTH KALIMANTAN

Sulistya Rini Pratiwi (Faculty of Economics and Business, Universitas Borneo Tarakan)
Yohanna Thresia Nainggola (Faculty of Economics and Business, Universitas Borneo Tarakan)
Meylin Rahmawati (Faculty of Economics and Business, Universitas Borneo Tarakan)



Article Info

Publish Date
30 Sep 2024

Abstract

This research aims to identify the locations of vulnerable critical land areas and assess the economic value of mitigating agricultural land in critical conditions within Sempayang Village, North Kalimantan, Indonesia. The study employs Geographic Information Systems (GIS) to analyze land distribution and the Contingent Valuation Method (CVM) to estimate the economic value. A purposive sampling method was used to select 51 respondents from local farmers, with a focus on their willingness to pay for land rehabilitation. The results of this research are the largest critical land area was found in Malinau District, covering 54,108 hectares. Farmers showed a willingness to pay between Rp. 26,000 and Rp. 30,000 for land rehabilitation efforts, with a total economic value of Rp. 45,360,000 annually for non-critical land. The study underscores the importance of community and government collaboration for effective land restoration programs.

Copyrights © 2024






Journal Info

Abbrev

jaedc

Publisher

Subject

Economics, Econometrics & Finance

Description

FOCUS This journal focused on economics, business, and management in developing countries studies and presents developments through the publication of articles and research reports. SCOPE The Journal of Applied Economics in Developing Countries (JAEDC) specializes on Economics, Business, and ...