Economic Valuation of Jogjakarta's Tourism Attributes: A Contingent Ranking Analysis

Jamal Othman and Anggi Rahajeng
Additional contact information
Anggi Rahajeng: Centre for Economics and Public Policy Studies (CEPPS/PSEKP), Gadjah Mada University, Jogjakarta, Indonesia

Tourism Economics, 2013, vol. 19, issue 1, 187-201

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.

Keywords: contingent ranking; tourism attributes; heritage tourism; admission fees; Jogjakarta; Merapi volcanic tourism (search for similar items in EconPapers)
Date: 2013
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3)

Downloads: (external link)
https://journals.sagepub.com/doi/10.5367/te.2013.0187 (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:sae:toueco:v:19:y:2013:i:1:p:187-201

DOI: 10.5367/te.2013.0187

Access Statistics for this article

More articles in Tourism Economics
Bibliographic data for series maintained by SAGE Publications ().