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JABM JOURNAL of ACCOUNTING - BUSINESS & MANAGEMENT
Published by STIE Malangkucecwara
ISSN : 0216423X     EISSN : 26222167     DOI : -
Core Subject : Economy, Science, Education,
Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Other
Journal of Accounting, Business and Management (JABM) provides a scientific discourse about accounting, business, and management both practically and conceptually. The published articles at this journal cover various topics from the result of particular conceptual analysis and critical evaluation to empirical research. The journal is also interested in contributions from social, organization, and philosophical aspects of accounting, business and management studies. JABM goal is to advance and promote innovative thinking in accounting, business and management related discipline. The journal spreads recent research works and activities from academician and practitioners so that networks and new links can be established among thinkers as well as creative thinking and application-oriented issues can be enhanced. A copy of JABM style guidelines can be found inside the rear cover of the journal. The Journal of Accounting, Business and Management (JABM) is published twice a year that is in April and October
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Search results for , issue " Vol 17 No 1 (2010): April" : 1 Documents clear
Economic Evaluation of Petra Site in Jordan by Using Travel Cost Method Haddad, Akram Masoud
JABM JOURNAL of ACCOUNTING - BUSINESS & MANAGEMENT Vol 17 No 1 (2010): April
Publisher : JABM

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Abstract

Hidden behind an almost impenetrable barrier of rugged mountains, the rock-carved city of Petra is full of mysterious charm. Petra is located at about 300 km to the south of Amman, the capital of Jordan announced in 2007 as one of the new world wonders, In this paper the travel cost method (TCM) that uses the costs incurred by individuals traveling to reach a site as a proxy for its recreation value, in the determination of economic value historical site of Petra. A sample of 1590 visitors to the site during 2008 was asked about the costs incurred per visit and frequency of visiting the Petra city. Thus, the recreation value of the site was estimated at about (1.8) thousands million JD (1JD=1.4 $US). Such information is expected to help policy makers in any future decisions to be taken for the improvement of the Petra site.

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