Economic valuation of Jogjakarta's tourism attributes: A contingent ranking analysis

Jamal Othman, Anggi Rahajeng

Research output: Contribution to journalArticle

2 Citations (Scopus)

Abstract

This paper employs the contingent ranking technique to estimate the economic benefits of selected tourism attributes in Jogjakarta, Indonesia. The attributes assessed are: the Mount Merapi volcanic view at Kaliurang Resort; the cultural-mystic and natural allure of Parangtritis Beach; the historical legacy of the Borobudur temple (the world's largest Buddhist monument and a UNESCO World Heritage Site); and the living cultural heritage of Jogjakarta's Kraton or the King's palace. The study shows that the economic values of such attributes are substantial and that there is merit for an upward review of the admission fees for Borobudur and Kaliurang Resort.

Original languageEnglish
Pages (from-to)187-201
Number of pages15
JournalTourism Economics
Volume19
Issue number1
DOIs
Publication statusPublished - Feb 2013

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valuation
ranking
tourism
Tourism
economic value
UNESCO
cultural heritage
economics
monument
fee
Indonesia
World Heritage Site
beach
analysis
attribute
Economic valuation
Ranking
Resorts

Keywords

  • Admission fees
  • Contingent ranking
  • Heritage tourism
  • Jogjakarta
  • Merapi volcanic tourism
  • Tourism attributes

ASJC Scopus subject areas

  • Geography, Planning and Development
  • Tourism, Leisure and Hospitality Management

Cite this

Economic valuation of Jogjakarta's tourism attributes : A contingent ranking analysis. / Othman, Jamal; Rahajeng, Anggi.

In: Tourism Economics, Vol. 19, No. 1, 02.2013, p. 187-201.

Research output: Contribution to journalArticle

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